CBRE ARRANGES US$100 MILLION SALE OF LANDMARK ASSET IN SANTIAGO, CHILE

Santiago, Chile – February 15, 2012 – (RealEstateRama) — CBRE Group, Inc. arranged the sale of SCL Apoquindo 4501, a landmark Class A office building located at the intersection of the most important commercial thoroughfares in Santiago, Chile. The $100 million transaction represents both the largest Class A office disposition via an exclusive marketing process in the Chilean capital and a competitive cap rate for a Class A office building. Prior to this, the largest office building transaction in Santiago was the partial-interest acquisition of Torre Titanium, an 850,112-sq.-ft. Class A office tower acquired by a European property investment fund advised by CBRE.


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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.

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Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627

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