Topic: CB Richard Ellis Group Inc.
Real estate firm sees few signs of Dubai rebound
AP News
Slim hope seen for upturn soon in Dubai property; office rates fell over half in a yearDubai's battered real estate market got more bad news Wednesday when a leading property company said it saw little hope soon of a rebound after office leasing rates plunged more than half in ...
Silicon Valley 'Bloodbath' Leaves Entire Office Buildings Empty
BusinessWeek
By Dan Levy
[Bloomberg] -- Silicon Valley is beset by the biggest office property glut since the dot-com bust, leaving the U.S. technology hub with empty high-rises and office parks that make it impossible for landlords to sustain average rents.
More than 43 million square feet [4 million square meters ...
CB Richard Ellis to sell stock worth up to $300M
AP News
CB Richard Ellis files plan to sell up to $300 million worth of stockCommercial real estate firm CB Richard Ellis Group Inc. on Wednesday filed plans to sell stock worth up to $300 million in a program using Bank of America Merrill Lynch as its distribution agent. The company said ...
SEMANTICS AND THE BOTTOM LINE
BusinessWeek
SEMANTICS AND THE BOTTOM LINE
I was amused by the letter to the editor from Steven Iaco, senior managing director at CB Richard Ellis, stating that the company would have been profitable in 2008 if not for its $1.2 billion noncash [goodwill] writedowns (Feedback, Apr. 20). Apparently management doesn ...
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