JLL and CBRE dominate the sector specialistions in PropertyEU's 2015 Top Brokers ranking with the pair forming an inseparable duo in each of the key sectors except for retail.
JLL and CBRE dominate the sector specialistions in PropertyEU's 2015 Top Brokers ranking with the pair forming an inseparable duo in each of the key sectors except for retail.
JLL commanded the top spot in no less than three of the sector rankings, changing places this year with CBRE in the office ranking. Overall, offices again accounted for roughly half of the total transactions they advised on last year.
BNP Paribas Real Estate put in a strong showing in the office segment, ranking third this year and well ahead of its nearest contenders Catella/Strutt & Parker and DTZ, thanks to its dominance in the French and German markets. Cushman & Wakefield moved up a notch in the retail segment to come in at number 2 with an increase of roughly 30% compared with last year’s performance. The adviser also ranked in the top 3 in the industrial segment.
JLL and CBRE also dominate the hotel segment. CBRE has made a strategic decision to beef up its activities in the hotel sector and is seeking to expand its presence in valuation, consultancy and investment in Europe as well as Asia-Pacific and the US. ‘We have made a number of hires in the past year to create a globally connected business line and access international capital,’ the company’s European CEO Martin Samworth told PropertyEU. ‘The hotel business is a specialist market in terms of how the properties are valued and run, with differences in leasing structures.’
Samworth is particularly upbeat about prospects for the logistics sector. ‘We expect to see a strong year again this year. But I’m hoping we will see a broadly based increase in activity in a range of sectors.’
For more on the winners and losers in Europe's real estate advisory sector last year, read PropertyEU's Top Brokers special report in the March edition of our magazine