CB Richard Ellis, with more than 17 000 employees operating out of 300 offices in 50 countries worldwide takes the No.1 spot in ResearchWorldwide.com's "Ranking the Top 10 Global Real Estate Service Providers".
"The increasing penetration of multi-national corporations, many of whom are larger than certain smaller countries (see Global Corporations larger than Countries' Economies - ResearchWorldwide.com, November 2004.) has necessitated real estate service providers to follow the globalization process and have offices and representation in 57 countries," says ResearchWorldwide.com.
In total these top 10 ranked global real estate service providers have over 83 000 real estate professionals in over 2400 offices in 57 countries. They also provide some 4 500 research reports to ResearchWorldwide.com - The Google No.1 ranked Worldwide Commercial Real Estate Information Portal.
Cushman and Wakefield, which has over 11 000 employees in 189 offices in 57 countries comes in second in the top 10 rankings, followed by the Knight Frank/Grubb and Ellis alliance in third place.
Jones Lang LaSalle, which has 9 600 employees involved in real estate services as well as a further 9 700 directly reimbursable property maintenance employees, comes in fourth place, as the focus of the rankings is on employees providing real estate professional related services.
Colliers, with 9 141 employees comes in fifth, followed by DTZ, Binswanger, Oncor International, Coldwell Banker Commercial, with NAI Global in tenth place.
The top five global real estate service providers have, on average, 50 employees per office. All the top 10 ranked companies provide the complete range of commercial real estate services required to service global and local clients.
"These top ranked global real estate service providers all produce valuable research information. We have over 15 500 research reports in our database and these top 10 ranked companies are responsible for some 30%, 4 500 research reports, submitted to us. Colliers has the most prolific research department, supplying us with 1193 research reports followed by Cushman and Wakefield, DTZ, CB Richard Ellis and Jones Lang La Salle," says Research Worldwide.com - The Worldwide Commercial Real Estate Information Portal.
Ranking the Top 10 Global Real Estate Service Providers - 2005
|Company (1)||No. of Employees||No. of Offices||No. of Countries||No. of Research Reports (3)|
|1.||CB Richard Ellis||17000+||300+||50+||436|
|2.||Cushman and Wakefield||11000+||189||57||858|
|3.||Knight Frank/Grubb and Ellis||10500||200||30||195|
|4.||Jones Lang La Salle||9600 (2)||N/A||35||348|
|9.||Coldwell Banker Commercial||4000+||500+||27||n/a|
|1.||The rankings are based on disclosures on the Top 10 Companies' websites.|
|2.||Jones Lang La Salle also employ 9700 directly reimbursable property maintenance employees.|
|3.||No. of research reports within ResearchWorldwide.com's research report database as at November 2005.|