RealEstateRama Authors Posts by CBRE
Chinese outbound capital flows into global commercial real estate markets have exceeded US$10 billion in a year for the first time ever, according to the latest research from CBRE Group, Inc. Over the past four years annual China-sourced outbound flows to commercial real estate experienced a compound annual growth rate (CAGR) of approximately 72 per cent to reach over US$10 billion for the year 2014.
Santiago, Chile/Miami, FL - February 8, 2013 - (RealEstateRama) -- CBRE Capital Markets professional Tim Gifford, FRICS, closed a major cross-border commercial property trade of a 600,000-sq.-ft. office portfolio in Santiago, Chile by Union Investment Real Estate (UIR). Aurus Renta Inmobiliaria, a Chilean institutional property fund, purchased the portfolio for $225 million, representing the largest commercial real estate transaction in Chile in 2012 by sales volume and size. Union Investment Real Estate’s strategy enabled them to realize an impressive gain on their investment of over 67% in Euro terms while generating over $50 million in profit for their investors. The investment strategy netted UIR’s investors an impressive internal rate of return of 15.65%
Santiago, Chile - February 15, 2012 - (RealEstateRama) -- CBRE Group, Inc. arranged the sale of SCL Apoquindo 4501, a landmark Class A office building located at the intersection of the most important commercial thoroughfares in Santiago, Chile. The $100 million transaction represents both the largest Class A office disposition via an exclusive marketing process in the Chilean capital and a competitive cap rate for a Class A office building. Prior to this, the largest office building transaction in Santiago was the partial-interest acquisition of Torre Titanium, an 850,112-sq.-ft. Class A office tower acquired by a European property investment fund advised by CBRE.