PropertyEU

CBRE posts $34m profit in Q1 2011

By A staff reporter 2011-04-27T00:00:00

CB Richard Ellis (CBRE) posted a net profit of $34.4 mln (EUR 23.5 mln) in the first three months of 2011, compared to a loss of $6.6 mln in the same period a year before. The much-improved performance, driven by a sharp increase in revenue linked to growing property sales, ...

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