London, 7 December 2011 – Insurance companies offer the most competitive real estate debt terms on the market, new research from CBRE has revealed. With maximum loan-to-values (LTVs) of 69 per cent and typical margins of 2.4 per cent, insurers are offering deals some 20-30 basis points below the market average of 66.2 per cent and 2.6 per cent respectively.
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CBRE today announced that Andy Hay has been appointed to the new role of Managing Director of Property and Asset Management for Europe, Middle East and Africa (EMEA), and Richard Williams has been appointed as the company’s UK Managing Director of Property and Asset Management. The senior appointments support the recent significant growth of this part of CBRE’s business and the anticipated future demand for these services across the region.
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CBRE today announced that Tomas Hegedus has been appointed as Managing Director of the company’s market-leading Slovakian business. Tomas succeeds Joerg Kreindl, who moves into a new role as CBRE’s Head of Office Agency and Tenant Representation for Central and Eastern Europe (CEE).
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CBRE Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2010 revenue).
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