CBRE results break record for fifth consecutive year
- CBRE Portugal grows 22% in 2019.
- Real estate investment moved 3.5 billion euros.
- 21 new hires reinforce business lines and support services, totaling 136 employees
- Market remains very active in 2020 – CBRE Real Estate Trends Conference will make a broad analysis of the sector on January 30th at the Capitol Cineteatro.
CBRE Portugal grew 22% in 2019, a record performance that the real estate consultant achieves for the fifth consecutive year and ranks last year as the best ever in CBRE Portugal’s history in terms of volume Business Operations in Lisbon grew by 15.5% and Porto’s office increased its revenue by more than twice as a result of the northern region’s dynamism in real estate transactions.
Accompanying the global trend of the sector in 2019, which was marked by the transaction of several real estate investment portfolios and portfolios, as well as a strong investment allocated to the hotel sector, CBRE’s business areas that registered the largest growth in 2019 were Retail Agency, Property Management and Capital Markets, with a special focus on Hotels. Another highlight is the Valuation and Consultancy area, which significantly increased the number of transactions with international clients (75% of the total portfolio of clients are foreign), proving investor confidence in CBRE.