CB Richard Ellis Group, inc. Named A BusinessWeek 50 Best Performer For Second Straight Year
CB Richard Ellis Group, Inc. has been named to the BusinessWeek 50—that publication’s list of best performers across all industries—for the second straight year. BusinessWeek selects 50 best-in-class companies that the magazine says represent the star performers in each of the ten sectors that make up the S&P 500. CBRE was ranked #11 on the 2008 BusinessWeek 50, up from 16th place last year.
“Being recognized once again as a BusinessWeek 50 company reflects our tireless focus on excellence in client service,” said Brett White, president and chief executive officer of CB Richard Ellis. “Every day, in every part of the world, CBRE professionals come to work with one overriding goal—using the industry’s most powerful full-service platform to tailor the best solutions to satisfy our clients’ needs.”
Mike Strong, President of CB Richard Ellis, EMEA, commented: “The fact that we have improved our ranking to 11th position is particularly pleasing given the more challenging financial market conditions that the world has faced over recent months. The diversity of our business by both geography and sector means that we are exceptionally well positioned to react quickly to changing client needs, and offer outstanding expertise and breadth of service across all markets. This award is a true recognition of the quality and commitment of our people. ”
CB Richard Ellis represents 88 of the FORTUNE 100 companies and offers an unrivaled suite of commercial real estate services on a global basis. The company was responsible for more than $264 billion of property sales and lease transactions in 2007, and managed more than 1.9 billion sq. ft. (including those managed by affiliates) of commercial properties and corporate facilities as of December 31, 2007.
Companies were chosen for inclusion in the BusinessWeek 50 list, published in the issue dated April 7, 2008, based on key financial metrics including return on investment and sales growth along with such attributes as “management vision” that BusinessWeek cites as essential for performance success.