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Article: CBRE extends operations to South Africa.(CB Richard Ellis Inc.)(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- December 8, 2004
CopyrightCOPYRIGHT 2004 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CB Richard Ellis will extend its operations in sub-Saharan Africa with the signing of an affiliate agreement with Broil, the leading South African property services firm.
The new company, which will trade under the name Broil in association with CB Richard Ellis, will acquire the existing CB Richard Ellis affiliate, which already has offices in Johannesburg and Durban.
Broll, which was founded 30 years ago by chairman Jonathan Broll, is the leading property services firm in South Africa with gross revenue of 380m rand (35m [pounds sterling]). Headquartered in Johannesburg, Broil has 650 employees in South Africa in five main offices with a further 30 ...