PropertyEU

CBRE Q3 profit drops 65%, but beats forecast

By A staff reporter 2008-11-10T00:00:00

CB Richard Ellis has reported that its profit in the third quarter of this year fell 65% to $40.4 mln (EUR 31.5 mln) from $114.9 mln (EUR 89 mln) a year earlier. Revenue fell to $1.3 bn from $1.5 bn a year earlier. The international broker blamed the fall in ...

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