CB Richard Ellis Group has signed an affiliate agreement with MBL EOOD, a commercial real estate services provider in Bulgaria. The affiliation will leverage the leading capabilities of both companies by combining strong local market expertise with a global platform and client relationships.
CB Richard Ellis Group has signed an affiliate agreement with MBL EOOD, a commercial real estate services provider in Bulgaria. The affiliation will leverage the leading capabilities of both companies by combining strong local market expertise with a global platform and client relationships.
The agreement, which will further strengthen CBRE's presence in the Central and Eastern European (CEE) region, follows last year's acquisition of Eurisko Consulting in Romania and affiliation with Atria Group in Greece.
Established in 2007, MBL employs 15 people and is based in Sofia. The company has developed a strong reputation in the Bulgarian commercial real estate market and provides services to local and international clients, including developers, investment funds, institutions, retailers and occupiers. MBL provides a full commercial real estate service offering, including valuations, investment sales and acquisitions, retail, office and industrial space tenant and landlord representation, land transactions and property management.
Colin Waddell, managing director of CEE at CBRE, commented: 'Local advice with a strong international perspective has never been so important. By continuing to expand our network to provide the best local and global advice, CBRE maintains its ability to supply clients with the best guidance and opportunities in a challenging market.'
