CB RICHARD ELLIS APPOINTED AS PROPERTY ADVISOR TO ROYAL LIVER PROPERTY PORTFOLIO IN IRELAND
Property consultants CB Richard Ellis have been appointed as external property advisor to the extensive Irish property portfolio of Royal Liver. The portfolio comprises a mix of retail, office and industrial property, mainly located in Dublin. The property consultants will provide portfolio valuations and general property advice, including letting, rent review, building surveying and strategic advice.
Caroline McCarthy, Executive Director at CB Richard Ellis said, “The Royal Liver portfolio comprises an excellent mix of high quality prime buildings with substantial opportunities to enhance values through active asset management”
Peter Fane, Head of Property at Royal Liver said “Despite the difficulties that the Irish property market has faced in the last 18 months, we are committed to Ireland and feel that market conditions are now showing signs of stabilising. We hope to be active in the market during 2010”
ENDS
Caroline McCarthy Executive Director CB Richard Ellis Caroline.mccarthy@cbre.com Tel 00 353 1 6185719
Guy Hollis Managing Director CB Richard Ellis Guy.hollis@cbre.com Tel 00 353 1 6185560
About CB Richard Ellis CB Richard Ellis 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 firm (in terms of 2008 revenue). The Company has approximately 30,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CB Richard Ellis 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. CB Richard Ellis has been named a BusinessWeek 50 “best in class” company three years in a row and a Fortune 100 fastest growing company two years in a row. Please visit our Web site at www.cbre.com. In Ireland, CB Richard Ellis is the country’s largest commercial real estate services company, now employing over 100 employees and offering a full range of property services including property sales and acquisitions, leasing and management, investment, corporate services, project management, consultancy, valuations and research. CB Richard Ellis Ireland has been listed among the top 50 Best Workplaces in Ireland, 2009, for the fifth year running. Please visit our website at www.cbre.ie