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CB Richard Ellis Purchases Remaining Canadian Business Interests.


Los Angeles--(BUSINESS WIRE)--Sept. 22, 1998--CB Richard Ellis There are several prominent people named Richard Ellis, including
  • Richard A. Ellis (scientist and engineer), research engineer
  • Richard Ellis (astronomer), Caltech professor and director of Palomar Observatory.
 (NYSE NYSE

See: New York Stock Exchange
:CBG CBG

corticosteroid-binding globulin.
), the world leader in real estate services, Tuesday announced that it has completed the acquisition of the 73 percent of CB Commercial Real Estate Group Canada Inc. which it did not previously own.

Terms of the acquisition were not disclosed. Richard Pogue, a long-time CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2.  executive, has moved to Toronto and will become chairman of CB Commercial Canada (which will be renamed CB Richard Ellis). The rest of management, including a majority of the directors, will continue to be made up of Canadians.

CB Richard Ellis is the world leader in real estate services. Based in Los Angeles with more than 9,000 employees worldwide, the company serves real estate owners, investors and occupiers through more than 200 principal offices in 29 countries.

Services include property sales and leasing, property management, corporate advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 and facilities management, mortgage banking, investment management, capital markets, appraisal/valuation and market research. CB Commercial and REI Limited, which merged in April 1998 to form CB Richard Ellis, had combined 1997 revenues of $848 million.

For more information on CB Richard Ellis Services Inc. (via facsimile and at no cost), call 800/PRO-INFO and dial client code "CBG." If calling from outside the United States, dial 732/544-2850.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 22, 1998
Words:216
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