Real estate services and investment firm CBRE was the top-ranked firm for global commercial real estate investment sales during H1 2023, according to MSCI Real Assets.
CBRE held the top spot in MSCI Real Assets global rankings across the five largest asset classes – Build to Rent (28%), office (23% market share), industrial (29%), retail (24%), and hotels (26%), and led the Australian rankings for hotels (42.5%) and retail (32.7%).
The firm also came first in Asia Pacific, Pacific and Australia.
“The exceptional performance of CBRE across all major asset types in the Asia Pacific region is a clear indication of the strong relationships and trust that our clients have bestowed upon us. Our Capital Markets teams will continue to utilise our extensive regional expertise to support our clients in attaining their investment goals, even in the face of a challenging market environment.”
Greg Hyland, Head of Capital Markets, Asia Pacific, CBRE
MSCI Real Assets credited CBRE with a 26% market share across all property types on a global basis in H1 2023 – more than the market share of the number two and three firms combined.
CBRE’s advantage over the number two firm increased by 400 basis points compared with H1 2022.
“We are very proud of our service offering to clients not only across the traditional sectors in Australia and New Zealand, but across the emerging and alternative sectors as well. This together with our ability to connect with our market-leading colleagues across Asia and the globe gives our clients unique insights into capital flows and information.”
Flint Davidson, Head of Capital Markets, Pacific, CBRE
In addition to being number one globally, the firm held the top spot for commercial real estate investment sales in Asia Pacific with a 38% market share, Pacific 24.8% and Australia 25.1%.
