CBRE, a leading international property consultant, was the top-ranked firm for commercial real estate investment sales in Asia Pacific (APAC) during the first half of 2021, according to Real Capital Analytics (RCA).
In addition to being number one in APAC, CBRE held the top spot for commercial real estate investment sales in all other regions – the Americas and Europe, Middle East & Africa (EMEA), making it number one globally. In APAC, CBRE led all firms with a 28.4% market share.
RCA credited CBRE with a 23.7% market share across all property types on a global basis in H1 2020 -nearly double the number two and three firms combined.
CBRE held the number one position globally across most property types in H1 2021, including office, industrial, multifamily, hotel and development sites.
Highlights from RCA’s H1 2021 global rankings include:
- Top global office sales with a 22.1% market share.
- Top industrial and logistics sales with a 31.5% market share.
- Top apartment sales with a 19.7% market share.
- Top hotel sales with a 25.8% market share.
- Top development site sales with a 35.9% market share.
“CBRE’s results to date in APAC really speak to the strong relationships and trust that our clients have placed in us to advise on every level of the capital stack. Even though the industry continues to face challenges such as travel restrictions, I’m proud of our market-leading team who were still able to deliver swiftly and execute efficiently despite border closures. They fully leveraged the strengths of our technology platform to augment our extensive regional footprint and intimate knowledge of local markets, all of which contributed to our success. We remain optimistic for the rest of 2021 as markets look set to turn the corner on recovery and will continue to grow our capabilities in pursuit of opportunities,” said Greg Hyland, Head of Capital Markets for CBRE in APAC.
Kulwadee Sawangsri, Head of Capital Markets – Investment and Land, CBRE Thailand added, “We are also delighted to be the market leader in Thailand for commercial real estate investment sales. Despite the current sluggish environment, CBRE is able to create solutions for clients regardless the size, sector and geography across every dimension of the industry. With trusted relationships, confidence in our specialists, proprietary technology, and marketing and sales involvements leading to clients’ satisfaction, I look forward to sustaining the performance of our Capital Markets team for our clients in the second half of 2021 and beyond.”