Feb
24

CBRE to Hire Hard-to-Lure Tokyo Property Brokers as Sales Triple

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  • Property brokerage plans to hire five to 10 people annually
  • Real estate transactions poised to increase this year: CBRE

CBRE Group Inc., the world’s largest property services company, plans to boost hires for its real estate brokerage business in Tokyo by five to 10 people on an annual basis for the next “several years” as it seeks to expand market share and foreign investors remain bullish on the market.

CBRE employs about 70 real estate brokers in Japan, up about 20 percent from the end of 2010, while sales have more than tripled in that period, according to Yukihiro Ogasawara, an executive managing director at CBRE in Tokyo who oversees local capital markets. Ogasawara declined to specify the sales amount. CBRE, whose deals include office buildings, warehouses, retail and residential properties, has nine offices around Japan and may add brokers outside of the capital too, he said…

CBRE to Hire Hard-to-Lure Tokyo Property Brokers as Sales Triple

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