As part of its expansion plans and to strengthen its India presence, CBRE South Asia Pvt. Ltd, India’s leading real estate
consulting firm, Thursday announced the commencement of its new office here.
The announcement is part of CBRE’s growth strategy to serve clientele in rapidly growing tier-II markets closely and the
new office will be positioned to introduce CBRE’s multidisciplinary offerings in the region, empowering clients to access
customized regional expertise.
The new office will accommodate a talent pool of employees with skill sets, and relevant experience and carry forward CBRE’s winning workplace culture in these new markets.
With the latest expansion in Coimbatore, CBRE will now have 15 offices in India, apart from a presence in over 80 cities in India and will extend its service offerings to its client base across Office, Retail, Residential, Industrial & Logistics, Data Centers, Healthcare & Education, Life Sciences, Hospitality, Government, and Alternate Investments.
As per CBRE estimates, flagged by a strong underlying end-user demand and an expected high economic growth rate, tier-II cities will rank in the list of attractive future investment destinations.
“Our expansion plan in Coimbatore reaffirms CBRE’s long-term commitment to provide professional support and enhanced accessibility to our client in the region. I am confident about the high growth potential of Coimbatore as
an economically thriving region with a large and growing consumer market that has led to increased investment activities. It is our intent to bring in local, regional experts who are uniquely placed to manage clients and achieve sustainable results," Anshuman Magazine, Chairman & CEO - India, Southeast Asia, Middle East & Africa, CBRE, said.
"It will also play a critical role in recognizing the diverse talent pool in the region. Besides this, the new office will enable us to create a cohesive service network and leverage our capabilities,” he added.