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South East Offices Hit the ‘Sweet Spot’ In Terms Of Rental Growth and Yield Shift

Press Releases   •   Jul 30, 2014 13:15 BST

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CBRE Continues To Strengthen Hotels Team With Senior Appointment

Press Releases   •   Jul 29, 2014 11:23 BST

CBRE Hotels has announced the appointment of Rob Seabrook as Head of its UK Brokerage team as it continues to strengthen and grow its hotels transaction business.

Rob joins from Savills, where he has spent the last four years as Head of UK Hotels Transactions. He will join CBRE Hotels later this year and brings with him 24 years of hotels sector experience.  In his new role Rob will be responsible for all Transaction and Advisory assignments in the UK market and for further expanding CBRE Hotels’ leadership in the sector.

Rob’s appointment is part of an ongoing recruitment drive to further bolster the EMEA Hotels team which has seen a number of significant strategic initiatives in the past 12 months including the acquisition of TRI Hospitality Consulting, one of Europe’s leading hotel consultancy practices, the recruitment of Germany hotel expert Philipp Kraneis and Jan Steinebach in the Netherlands, Alexis Boudrand in France, Julian Kemp in the UK and Joe Stather who has joined as a dedicated EMEA Intelligence and Information Manager. These appointments further reinforce CBRE’s Hotels’ dedication to providing its clients with the most talented, most experienced and knowledgeable team available in today’s marketplace. Further senior recruitments are in the pipeline and will be announced shortly.

Keith Lindsay, COO, CBRE Hotels, commented: “Rob is a proven market leader in the hotels space and is a valuable addition to our hotels team.  He brings with him a wealth of knowledge and client contacts which will significantly strengthen our service offering in the UK market and the wider business.

“We are continuously focused on strategically recruiting the best talent in the market and Rob’s appoint along with our other recent hires will provide our expanding client base with an unrivalled depth of specialist hotel expertise and experience."

In response to the increasing activity levels in the buoyant Irish hotels sector Paul Collins will be returning to CBRE’s Dublin office to head up the Hotels and Licensed team. Paul’s return to Ireland will allow the team to concentrate on the improved market conditions. John Hughes will continue in his role as Head of Transactions, Ireland.

The CBRE Hotels team has 80 hotel professionals across EMEA and is the largest advisory firm in the hospitality and leisure sector in Europe.


About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

CBRE Hotels has announced the appointment of Rob Seabrook as Head of its UK Brokerage team as it continues to strengthen and grow its hotels transaction business.

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UK House Price Growth Will Reach 12% In 2014

Press Releases   •   Jul 28, 2014 14:30 BST

Rate of growth will slow to a more sustainable level over the next 5 years.

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CBRE Confirms Record New Build Values As Midtown Reaches £2,845 Per Sq Ft

Press Releases   •   Jul 28, 2014 14:19 BST

Average values in London’s cultural hub reach £1,747 per sq ft, an uplift of 17% when compared to Q2, 2013

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£3.75 million SCR Jessica Funding Awarded to CTP’s 3 St Paul’s Place Development In Sheffield

Press Releases   •   Jul 25, 2014 09:08 BST

The Sheffield City Region JESSICA Fund (“SCR JESSICA”), has provided CTP Wakefield Limited, the urban regeneration specialists, part owned by Development Securities PLC, with a £3.75 million mezzanine loan to part fund the development of 3 St Paul’s Place.

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European Retail Sales Recovery Continues but Polarisation Persists

News   •   Jul 17, 2014 12:17 BST

Eurostat data released today (July 17) shows that retail sales volumes in Europe continued their recovery in the three months to May. For the EU as a whole, sales volumes were up by 1.8% on a year earlier and they have now increased by 2.4% since the Eurozone crisis low in the three months to December 2012.

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UK Data Centre Industry Enters New Era

Press Releases   •   Jul 01, 2014 11:20 BST

Today marks the launch of the first Climate Change Agreement (CCA) for UK data centres and is a significant milestone for the industry, according to CBRE, the global real estate advisor. 

The data centre CCA, which has been in planning for four years, is formal recognition by the UK government, via the Department of Energy and Climate Change (DECC), that the sector is a mature industry and significant contributor to the economy which requires its own legislation, and legal framework, to sustain industry growth.

CCAs, first introduced in 2001, are negotiated agreements between government and energy intensive sectors designed to minimise energy consumption through the implementation of energy efficient measures to meet UK’s carbon reduction targets. 

Prior to today, approximately 50 CCAs were already in operation in the UK covering various sectors.

Emma Fryer, Associate Director of Climate Change Programmes at techUKexplains the importance of the first data centre CCA.

“CCA participants are incentivised to meet challenging energy efficiency targets via a reduction of, or exclusion from, specific carbon taxes (CCL and CRC). The data centre CCA stipulates that operators will have to make a 30% reduction in non-IT energy consumption between 2011 and 2020 via the implementation of energy efficient measures. As this target is sector specific, focused on colocation data centres, benefit will derive from many sources including reduced energy costs, improved energy stewardship and sector governance, increased investor confidence and ultimately industry competitiveness.”

Today’s introduction of the data centre CCA has changed the competitive landscape helping UK data centre operators to compete more effectively with their overseas counterparts.

Andrew Jay, Executive Director, EMEA Data Centres, at CBRE and Chairman of the Data Centre Council at techUK, commented:

“This is a significant and hugely exciting day for the data centre industry. The CCA marks the start of full recognition for a sector that underpins the entire economy but to date has been left unchecked and largely misunderstood by policy makers. We are now legally recognised as key contributors to the UK’s digital economy and an important mainstream sector in our own right. Gaining CCA legislation has been a worthwhile challenge and it is encouraging that the data centre sector now has targets to work towards which should ultimately lead to a better and more energy efficient industry going forward.”

1 - techUK, initiated the data centre CCA process with the BCS (Chartered Institute of IT) and other associated parties (including CBRE and TelecityGroup), to ensure the success of the initiative after 4 years of negotiation with the UK government.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

Formal recognition of the sector with Climate Change Agreement (CCA) launch New energy efficiency targets to drive data centre industry growth and increase global competitiveness

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Heightened demand and an increase in specification closes the gap between the City and Prime Central London

Press Releases   •   Jun 23, 2014 08:10 BST

Traditionally dominated by its financial core, the transformation of the capital’s business district has led to a surge in residential demand.

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£10 million Evergreen Funding Awarded to Allied London's Cotton Building in Spiningfields

Press Releases   •   Jun 09, 2014 15:13 BST

Greater Manchester Combined Authority provides £5 million further investment for development

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£4.8 Million Evergreen Funding Awarded to Muse Developments' City Place Scheme in Chester

Press Releases   •   May 29, 2014 15:24 BST

The North West Evergreen Fund, “Evergreen”, has provided Muse Developments with a £4.8 million development loan to part fund its 70,000 sq ft first phase of the City Place scheme in Chester – a scheme that will deliver thousands of new jobs to the local area. The new loan was structured by CBRE’s Investment Advisory team.

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About CBRE

Welcome to CBRE's UK newsroom

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.