CBRE continues to expand Midcap Capital Markets team
CBRE has further expanded its Midcap team with the addition of Paul Teunissen as consultant for Capital Markets Midcap Utrecht, focusing mainly on the Midcap activities in this region. Paul previously worked as a Valuations & Advisory Services consultant at CBRE.
Now that Paul has joined Midcap, the team consists of eight individuals from Capital Markets focusing on investments in the mid-price range of the commercial real estate market up to approximately €15 million.
This expansion allows CBRE to further boost the growth of its Midcap services. In the first six months of 2018, there was a strong increase in the number of transactions in this segment. The investment volume in this market was €1.4 billion in H1 2018, which is 35% higher compared to the same period last year.
Specifically private investors are active in this segment: mostly entrepreneurs with a background in the SME sector. After several profitable years, they are now moving more and more into the professional investment market.
The Midcap segment is growing fast and is becoming more professional. Private investors are more active, especially in the region. Within our team, we have very specific market knowledge of the various areas. With his experience, Paul adds valuable knowledge for the Utrecht region, enabling us to serve this specialised market with more tailored strategic advice.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.