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CEO Reports

Building Dreams in the Middle-East

As the world’ s largest real estate advisor, CBRE MENAT has unparalleled connections regionally and globally. Being proud of their unrivalled knowledge of the local market – offering a full range of real estate services to businesses both large and small, developers, government bodies and entities, professional service firms private individuals, sovereign funds, and financial institutions. Mr. Nick Maclean, Managing Director, CBRE Middle East mentions “The remainder of 2017 should be an interesting one for us, as we actively develop our footprint in the region – expanding our existing team and adding new service lines to our business“.

CBRE operates in all the GCC countries, as well as Morocco, Egypt and Turkey with over 500 employees and supported by an international network of 75,000 colleagues and 92 associates. CBRE’ s steadfast values aid in achieving exceptional results.

CBRE Middle East offers a wide range of services across research and consulting, advisory and transactions, residential, asset services, global corporate services and building consultancy. The brand collaborates across geographic borders and service lines including office, industrial, retail and other specialized sectors to provide end-to-end integrated services, including:

Occupier Services include:

  • Tenant representation
  • Leasing renewal and management
  • Project Management

Landlord services include:

  • Leasing sales and acquisition
  • Property and Facilities Management
  • Valuation

Advisory services include:

  • Investment
  • Feasibility
  • General consultancy

It is a delight to know CBRE Middle East was, last year, voted one of the most influential businesses in the UAE (in the top 75 businesses across all sectors within the UAE). Every service line at CBRE plays a pivotal role in the real estate landscape. CBRE’ s well-established research & consulting division, for example, is on the pulse with the latest market trends across the MENAT region, producing regular market analysis and feasibility studies. The company’ s knowledge on residential, commercial, hospitality and retail trends is regarded as an industry bellwether – regularly cited by international and regional firms and media alike. Through local on-ground expertise and an on-going commitment to promoting transparency and sharing best practice, CBRE continues to extend access to in-depth market analysis, which further elevates MENAT’ s appeal among the global real estate investor community, whilst providing actionable insights that assist businesses in shaping their products and services.

CBRE also creates opportunities that meet their clients’ most demanding real estate challenges. CBRE has led the market since its establishment in 2004, bringing global best practices that are now adopted industry-wide. The company is committed to supporting the regional real estate market’ s path to maturity – through extending local expertise and insights from global marketplaces to advise tenants, landlords and industry associations on adopting global best practice to remain relevant.

The company’ s core values build CBRE as a brand and differentiate them from the rest of their competitors.

Values:

RESPECT : We act with consideration for others ideas and share information openly to inspire trust and encourage collaboration

INTEGRITY:  No one individual, no one deal, no one client, is bigger than our commitment to our company and what we stand for

SERVICE :  We approach our clients’ challenges with enthusiasm and diligence, building long-term relationships by connecting the right people, capital and opportunities

EXCELLENCE : We focus relentlessly on creating winning outcomes for our clients, employees and shareholders

Being a key player in the GCC real estate market since 2004, CBRE has developed its brand in the region and maintained a strong clientele and attracted best-in-class employees. They have established an identity through their strong set of values and therefore play a key role in the real estate market as one of the leading advisors in the industry. What really differentiates them from the others in the market is team of people. They have over 500 employees from all walks of life and over 25+ nationalities. To showcase their strong people, the company has created short employee videos. Aligned with the brands global messaging, ‘ creative advantage’ , these videos aim to showcase the following:

  • Empowerment to be better
  • Encouragement to take intelligent risks and explore
  • People who inspire each other to aim for world-class

CBRE UAE has also recently launched their “Women in Business” series aimed at empowering women in the industry by gathering women in the professional services sector to discuss important topics relating to business and career growth.

They also have a Ladies Forum and Junior Board which comprises of junior members of the team who meet quarterly to discuss key issues such as partnerships, speaking and networking opportunities, business development and cross-selling.

Finally, CBRE has a global employee engagement survey to make sure everyone’ s voice is heard. As their business continues to evolve, they make it a point to check on every employee’ s personal experience of working with CBRE and whether their expectations are met. “This is the chance of every employee to tell us what is going well, what needs further improvement – making CBRE a great place to work for all” states Mr. Nick Maclean.

CBRE has witnessed such an exciting journey globally and in the region alike. They have positioned themselves as the key thought leaders in the industry, playing a prominent role in the real estate industry. They continue to see themselves as market leaders and work towards further expanding their services across the region.

CBRE has recently successfully launched a set of client focused apps to further enhance customer satisfaction and allow occupiers easy access to their portfolio.

Their latest online website, Agency 365, is a new web property search platform which enables occupiers and their agents to easily access property listings.

Amongst these apps they also have ARGUS Enterprise, which is their latest proprietary valuation tool, designed as a single platform to connect professionals in the commercial real estate market who value property, secure capital, manage and transact assets to generate wealth.

CBRE is embracing the new age of technology and there has been a rise and demand for innovative apps to enter the market, in addition to the above, they have also introduced: Asset analytics, Asset view, Alteryx, Axxerion, Salesforce and Datahug, to name a few.

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