Wereldhave offers to acquire €850M portfolio of six non-core shopping centres located in France from Unibail-Rodamco

Paris, Amsterdam, 2014-10-20— /EPR Retail News/ — Unibail-Rodamco and Wereldhave have entered today into an agreement pursuant to which Wereldhave offers to acquire a portfolio of six non-core shopping centres located in France, including:

Shopping Centre City/Region Complex

GLA (m²)

 

Unibail-Rodamco

consolidated GLA (m²)

Number of visits

in 2013 (Mn)

 

Rivétoile Strasbourg 28,400 28,400 5.8
Docks 76 Rouen 37,600 37,600 4.0
Saint Sever Rouen 45,400 34,400 9.8
Meriadeck¹-Passages Meriadeck Bordeaux 39,500 32,400 12.7

 

Côté Seine Paris region 28,900 16,200 5.8
Docks Vauban Le Havre 53,500 53,500 5.4

The total consideration² of the proposed transaction amounts to €850 Mn, representing a net initial yield³ of 5.5% and an average value per m² of €4,200/m².

Further to this agreement, Unibail-Rodamco has granted Wereldhave an exclusivity period ending on November 10, 2014, during which Unibail-Rodamco’s work council will be consulted. The signing of the final and binding documentation is expected to occur in November 2014.

Closing of the transaction is expected to occur before year end 2014 and is subject to customary conditions precedent, including regulatory approvals and Wereldhave’s shareholders approval.

“Unibail-Rodamco is pleased to have reached an agreement with Wereldhave, a party which, as a specialist in mid-sized shopping centres, will be able to manage these malls to their full potential. This transaction, part of the disposal programme of retail assets announced in February this year, will allow the Group to continue to sharpen its focus on large regional shopping centres.” Christophe Cuvillier, CEO and Chairman of the Management Board

¹ Meriadeck owned at 61% and fully consolidated (conso. GLA shown at 100%). Passages Meriadeck owned at 100%
² Asset values at 100%, including transfer taxes and transaction costs. Final consideration subject to the establishment of the completion accounts
³ Annualised portfolio contracted rent (including latest indexation and including a one-year rental guarantee) net of expenses, divided by the asset values

For further information, please contact:
Investor Relations
Pierre-Marie Battesti
+33 1 76 77 56 97
Media Relations
Pauline Duclos-Lenoir
+33 1 76 77 57 94

About Unibail-Rodamco
Created in 1968, Unibail-Rodamco SE is Europe’s largest listed commercial property company, with a presence in 12 EU countries, and a portfolio of assets valued at €33.6 billion as of June 30, 2014. As an integrated operator, investor and developer, the Group covers the whole of the real estate value creation chain. With the support of its 1,550 professionals, Unibail-Rodamco applies those skills to highly specialised market segments such as large shopping centres in major European cities and large offices and convention & exhibition centres in the Paris region.

The Group distinguishes itself through its focus on the highest architectural, city planning and environmental standards. Its long term approach and sustainable vision focuses on the development or redevelopment of outstanding places to shop, work and relax. Its commitment to environmental,
economic and social sustainability has been recognised by inclusion in the DJSI (World and Europe), FTSE4Good and STOXX Global ESG Leaders indexes.

The Group is a member of the CAC 40, AEX 25 and EuroSTOXX 50 indices. It benefits from an A rating from Standard & Poor’s and Fitch Ratings.

For more information, please visit our website: www.unibail-rodamco.com

AHOLD REPURCHASED 1,887,906 AHOLD COMMON SHARES FOR € 22.59 MILLION BETWEEN OCTOBER 13 AND OCTOBER 17, 2014

Zaandam, the Netherlands, 2014-10-20— /EPR Retail News/ — Ahold has repurchased 1,887,906 Ahold common shares in the period from October 13, 2014 up to and including October 17, 2014.

The shares were repurchased at an average price of € 11.9677 per share for a total consideration of € 22.59 million. These repurchases were made as part of the € 500 million share buyback program announced on February 28, 2013 as increased by € 1.5 billion to a total amount of € 2 billion announced on June 4, 2013.

The total number of shares repurchased under this program to date is 143,485,440 common shares for a total consideration of € 1,860.47 million.

During the share buyback program, Ahold publishes a press release every Monday with a weekly update. Click here to view all the relevant information of these these weekly updates. Separate weekly press releases are available upon request. Please send an email to communications@ahold.com if you would like to receive one or more of these weekly releases.

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Whole Foods Market stores now accepting Apple Pay

Offering an easy, secure and private way to pay at America’s healthiest grocery store

AUSTIN, Texas, 2014-10-20— /EPR Retail News/ — Whole Foods Market is now offering its customers the ability to make purchases with Apple Pay, a new service expected to transform mobile payments with an easy, secure and private way to pay for items at Whole Foods Market checkout lanes across America.

With Apple Pay, completing transactions at Whole Foods Market is now easier and faster than ever. Shoppers can tackle all of their purchases – from picking up their morning coffee to restocking their pantries and bringing home their holiday meals – with a simple touch of a finger.

Security and privacy is at the core of Apple Pay. When shoppers add a credit or debit card with Apple Pay, the actual card numbers are not stored on the device nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on the shopper’s device. Each transaction is authorized with a one-time unique dynamic security code, instead of using the security code from the back of your card.

“We are excited to make it easier and more convenient for our customers to shop at Whole Foods Market,” said Walter Robb, co-CEO of Whole Foods Market. “We are thrilled to be one of the first retailers to accept Apple Pay across all of our locations nationwide as it offers our shoppers a fast, private and secure check out option at our stores.”

Checkout lanes in Whole Foods Market’s 381 U.S. stores are now accepting Apple Pay, adding to the types of Near Field Communication (NFC) payments the retailer now accepts via pads and store registers. Apple Pay works with iPhone 6, iPhone 6 Plus and Apple Watch, upon availability.

For more information on Apple Pay, visit: www.apple.com/apple-pay/.

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Whole Planet Foundation joins forces with “The Hunger Games: Mockingjay – Part I” to raise $1 million for global poverty alleviation

Offers participants opportunity to win movie premiere tickets and a $1,000 Whole Foods Market® gift card

AUSTIN, Texas, 2014-10-20— /EPR Retail News/ — Whole Planet Foundation is joining forces with “The Hunger Games: Mockingjay – Part I” as one of its official charitable partners, with the goal of raising $1 million for global poverty alleviation.

Starting today, shoppers can join the #CourageofOne Challenge to support the cause and  win prizes, including premiere tickets and Whole Foods Market gift cards, at: wholeplanetfoundation.org/mockingjay. Because Whole Foods Market covers all overhead costs for Whole Planet Foundation, 100 percent of every dollar raised for the foundation will go directly to supporting microlending programs for low-income entrepreneurs across 61 countries, including the U.S.

Through Dec. 15, participants can earn points by joining online activities, like taking quizzes to raise global poverty awareness, entering a T-shirt design contest, sharing photos and “raising a loan to change lives.”  Online activations are powered by technology partners Together Mobile and My Social Canvas.

Whole Foods Market shoppers can also support the cause by purchasing a fresh, in-house-made “Courage of One” juice in select stores; $1 from every purchase will go to the foundation to support microcredit.

To date, Whole Planet Foundation has authorized more than $60 million in microloans and has disbursed $38.9 million through microlending partners worldwide, supporting more than 4.5 million people with a chance for a better life.

For more information about the foundation and the #CourageofOne Challenge, visit: wholeplanetfoundation.org/mockingjay.

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Whole Planet Foundation joins forces with “The Hunger Games: Mockingjay - Part I” to raise $1 million for global poverty alleviation

Whole Planet Foundation joins forces with “The Hunger Games: Mockingjay – Part I” to raise $1 million for global poverty alleviation

Whole Foods Market launches its first national brand campaign; highlights the values of “America’s Healthiest Grocery Store”

Advertising highlights quality standards and core values of ‘America’s Healthiest Grocery Store®’

AUSTIN, Texas, 2014-10-20— /EPR Retail News/ — Whole Foods Market (NASDAQ: WFM) launches its first national brand campaign today to highlight its groundbreaking quality standards, healthy offerings and key milestones as a pioneer in the natural and organic food industry. By communicating the company’s deeper purpose and its history of celebrating food and the people who produce it, the multichannel advertising initiative will demonstrate the values of “America’s Healthiest Grocery Store.”

At the helm of the new campaign is seasoned marketing leader Jeannine D’Addario, Whole Foods Market’s new global vice president of communications. She joined Whole Foods Market in August from Stanford Children’s Health, where she served as vice president and chief marketing officer. D’Addario also previously served as vice president of marketing for infant, toddler and preschool brands at the Walt Disney Company.

“Whole Foods Market has been subtly telling our story for decades, and now is the time to overtly communicate what we’ve spent more than 35 years creating as change agents in the food world,” D’Addario said. “We are excited to share our stories, and to have deeper conversations with our customers so they can make meaningful choices about what they decide to buy and support.”

Using the theme “Values Matter” primarily in television, print and digital advertisements, Whole Foods Market will explain the origin and impact of its products and the standards behind them. This manifesto appears throughout the campaign:
Values Matter
We are hungrier for better than we ever realized.
We want to know where our food comes from.
We care what happens to it along the way.
We want to trust our sources.
We want people, and animals, and the places our food comes from to be treated fairly.
The time is ripe to champion the way food is grown,
and raised,
and caught…
So it’s good for us…
and for the greater good too.
This is where it all comes to fruition…
Where values matter.

The company partnered with New York-based Partners & Spade to develop the creative approach. Headlines such as “The Highest Standards Weren’t Available, So We Created Them,” tout Whole Foods Market’s milestones in developing its signature standards and ratings programs. Sustainable seafood standards, animal welfare ratings, and its new “Responsibly Grown” produce ratings program are the topics of authentic, documentary-style TV spots that were directed by notable commercial filmmaker Gerard de Thame and feature supplier partners –including farmers, ranchers and fishermen– along with Whole Foods Market customers and team members.

“We believe Whole Foods Market has raised the level of food consciousness more than any other retailer, and it is certainly one of the most genuine, transparent companies out there,” said Anthony Sperduti, co-founder and creative director at Partners & Spade. “Helping craft Whole Foods Market’s first national conversation about its philosophy and vision has been some of our team’s most meaningful work because it’s bigger than just commerce: it’s a wake-up call for how to treat ourselves, each other and the planet.”

Austin-based GSD&M was selected as the partner to handle media strategy and placement, which includes spots during prime time television shows including “Modern Family,” “Scandal” and “The Voice,” on late night favorites such as “The Tonight Show Starring Jimmy Fallon,” “Jimmy Kimmel Live,” and “Saturday Night Live,” as well as during the World Series and NFL football. Ads will also appear in business, food, health, and lifestyle outlets, both print and digital.

Whole Foods Market has been recognized by many organizations over the years for its work in creating industry-leading standards. For example, Greenpeace ranked it as the No. 1 retailer for seafood sustainability, the Campaign for Safe Cosmetics named it the leading national retailer for personal care product safety, and Ethisphere chose it as one of the world’s most ethical companies. Additionally, the company was the first certified organic national grocer in the United States and was the only retailer named “America’s Healthiest Grocery Store” by Health magazine.

“Not everyone knows what makes Whole Foods Market different from other grocers, or the fact that no other retailer has standards as demanding or as transparent as ours,” D’Addario said. “This campaign will distinguish what makes our brand special, our food different and our quality superior. It’s our opportunity to reaffirm our unwavering commitments to our core values, which are at the heart of our brand.”

To complement the campaign launch, Whole Foods Market created wfm.com/valuesmatter to present visitors with more transparency and information through videos, supplier partner stories, product profiles and team member testimonials. The company invites consumers to visit the new site and take a brief survey called “What Do You Value?” to share what matters most to them. By ranking a list of categories including healthy food, animal welfare, supporting local farms and producers, responsibly grown produce and sustainable seafood, participants will help shape the company’s future community-giving days, store experiences and product offerings.

Reporter and editor’s note:
Creative assets and additional information can be found at http://media.wholefoodsmarket.com/press/values-matter-brand-campaign.

Additional Leadership Quotes About Whole Foods Market’s First-Ever Brand Campaign

Walter Robb, Co-CEO
“We chose ‘Values Matter’ as the foundation for our new national brand campaign because it reflects our core values, which guide us to always strive to take thoughtful leadership positions on how to improve our food supply and to continually raise industry standards. We believe it affirms and supports that value and values show up together in our offerings at Whole Foods Market.”

John Mackey, Co-CEO and Co-Founder
“We founded Whole Foods Market as a group of young people who had a deep sense of purpose and a mission to make a difference. It came from a very visceral desire to offer natural, organic and healthy, fresh food with a clear set of standards. We had no idea then the difference it could make. Now, 35 years later we are ‘Americas Healthiest Grocery Store’ and we’re excited to demonstrate that with this first-ever national ad campaign and with the work we do in our local and global communities.”

RELATED LINKS

EXPERTS

Jeannine D’Addario

Global Vice President of Marketing & Communications

Jeannine is responsible for all of Whole Foods Market’s marketing, advertising and reputation management activities, and is at the helm of the company’s first national brand campaign.

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The Meijer Simply Give fall campaign generated more than $2.6 million for food pantries throughout the Midwest

Retailer’s hunger relief campaign generated more than $2.6 million for local food pantries

GRAND RAPIDS, Mich., 2014-10-20— /EPR Retail News/ — The Meijer Simply Give campaign held this fall generated more than $2.6 million for food pantries throughout the Midwest – an amount that nearly doubled the generous donations received from its previous record-breaking season earlier this year.

Meijer customers donated more than $726,000 during the fall Simply Give campaign that began in early August during the inaugural Meijer LPGA Classic presented by Kraft. That commitment to supporting hungry families, combined with a donation from Meijer, raised the fall campaign total to more than $2.6 million, making it the most successful campaign since Simply Give began in November 2008.

“We cannot thank our customers, team members and food pantry partners enough for continuing to rise to the challenge and help us feed hungry families in the communities we serve,” Co-Chairman Hank Meijer said. “It’s inspiring to see this level of engagement.”

The Grand Rapids, Mich.-based retailer began its Simply Give program as a way to help local food pantries throughout the Midwest achieve their mission of feeding hungry families.

Thanks to the fall campaign that ended in late September, Simply Give has generated nearly $12 million for those partners to restock their shelves and feed hungry families. That total includes an estimated $600,000 donation from theMeijer LPGA Classic to the Simply Give program.

But, more importantly, those donations stay local, said Janet Emerson, executive vice president of retail operations for Meijer.

“We know how important it is to our customers that their generous donations remain local,” Emerson said. “That’s why each of our stores partner with a food pantry in their community during the Simply Give campaigns.”

During each Simply Give program, which runs three times a year, customers are encouraged to purchase a $10 Simply Give donation card upon checkout. Once purchased, the donation is converted into a Meijer Food-Only Gift Card and donated directly to the local food pantry selected by the store.

“Hunger is a problem that continues to increase in all of our communities,” Hank Meijer said. “The Simply Give program gives everyone a chance to work toward ensuring no one has to live without food.”

To view a video that further explains the Simply Give program, and other Meijer hunger relief efforts, please visit http://newsroom.meijer.com/meijer-simply-give.

About Meijer Philanthropy
Meijer is a family-owned retailer based in Grand Rapids, Mich. with a fundamental philosophy aimed at strengthening the communities it serves. Meijer proudly donates more than 6 percent of its net profit each year to charities throughout the Midwest. With hunger as a corporate philanthropic focus, Meijer partners with hundreds of food banks and pantries through its Simply Give and food rescue programs. Meijer also supports education, disaster relief, and health and wellness initiatives. For additional information on Meijer philanthropy, please visit www.meijercommunity.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.

Contact: Christina Fecher, 616-735-7968, christina.fecher@meijer.com

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The Meijer Simply Give fall campaign generated more than $2.6 million for food pantries throughout the Midwest

The Meijer Simply Give fall campaign generated more than $2.6 million for food pantries throughout the Midwest

Price Chopper raises funds for St. Jude Children’s Research Hospital

SCHENECTADY, NY, 2014-10-20— /EPR Retail News/ — Price Chopper is selling plush hippos and fundraising through a month-long pin-up campaign, marking the 13th year the regional supermarket chain has partnered with St. Jude Children’s Research Hospital.

“Bolstered by the support of teammates and guests alike, Price Chopper has been a committed partner to St. Jude for more than a decade. We’re proud to contribute to the St. Jude mission as it provides quality care to all who need it,” said Mona Golub, vice president of public relations and consumer services and the company spokesperson.

For every plush hippo sold, a $3 donation goes directly to St. Jude. This is the fifth year the campaign has sold jungle-themed plush animals. In the past, stuffed lions, elephants, giraffes and zebras were sold as part of the campaign, and this year, hippos will be available in three different colors – purple, gray and blue. Though the pin-up campaign will run through the month of October, shoppers will be able to purchase the hippos through December.

Overall, Price Chopper has raised more than $1 million for St. Jude; last year, close to $160,000 was raised for this campaign.

About Price Chopper
Based in Schenectady, NY, the Golub Corporation owns and operates 134 Price Chopper grocery stores in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New Hampshire. The American owned, family-managed company prides itself on longstanding traditions of innovative food merchandising, leadership in community service, and cooperative employee relations. Golub’s 22,000 teammates collectively own more than 47% of the company’s privately held stock, making it one of the nation’s largest privately held corporations that is predominantly employee-owned. For additional information, visit www.pricechopper.com.

Contact:
Mona Golub
Price Chopper
518.379.1480

Jon Pierce, APR
Pierce Communications
518.221.1186
jon@albanypr.com

Target Canada opens three new stores; brings the total number of Target stores open across the country to 133

Retailer completes 2014 store openings with new stores in Ontario and Winnipeg

MISSISSAUGA, ON, 2014-10-20— /EPR Retail News/ — Target Canada announced today the official opening of three new stores, located on St. Laurent Blvd., in Ottawa, Ont.; Sheridan Centre in Mississauga, Ont. and Polo Park in Winnipeg, Man. The opening of the three new stores marks the final stores scheduled to open in 2014 and brings the total number of Target Canada stores open across the country to 133.

“The opening of these three stores marks another important milestone for Target Canada,” said Mark Schindele, president, Target Canada. “As we head into the holiday season, we’re thrilled to offer our guests additional locations to find exclusive merchandise, great value and a unique shopping experience.”

Just in time for the busy holiday season, Target guests will be welcomed into bright, clean stores with wide aisles, exceptional guest service and trend-right merchandise at a great value. The three new stores will also feature a licensed Starbucks, as well as in-store pharmacies. On October 17, guests will be treated to unbeatable deals and special “new store” promotions to mark the grand opening, including an exclusive one-page coupon special with unbeatable deals. Target’s flyer, containing additional savings, will also launch at these stores on October 17.

Starting in March, 2013, Target Canada began its unprecedented Canadian expansion by opening 124 stores within nine months. In 2014, Target continued its growth in the Canadian marketplace by adding an additional nine stores, including the first ground-up builds at Toronto Stockyards, Park Place in Barrie, Candiac, Quebec and the Polo Park, opening today.

Target is committed to providing Canadian guests with a one-stop shopping destination for stylish, quality products at unbeatable prices, including beauty, apparel and accessories, home, kids and baby, and more. Each of the three new stores will carry an extensive range of Target owned and exclusive brands, as well ongoing collaborations with Beaver Canoe (a member of the Roots Canada family), the Nate Berkus Collection, Sonia Kashuk and Pixi beauty collections and the recently announced, exclusive limited time only TOMS for Target collection, launching in Target stores on November 16.

Target is proud to employ an average of 150 team members at each of its Canadian locations, including the three new stores announced today. For more information on store locations, please visit target.ca.

About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,934 stores – 1,801 in the United States and 133 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.

media contact

Target Media Hotline
p: (612) 696-3400

Emily Vear
p: Target Media Hotline, (612) 696-3400

Russia’s largest food retailer Magnit opens new distribution center in Kolomna (Moscow region)

Krasnodar, Russia, 2014-10-20— /EPR Retail News/ — PJSC “Magnit”, Russia’s largest food retailer (the “Company”; MICEX and LSE: MGNT) announces the opening of a new distribution center in Kolomna.

Please be informed that the Company has opened a new distribution center (DC) in Kolomna (Moscow region). Total space of the warehouse is about 84 thsd. sq. m. Launch of the new distribution facility will improve the quality of service in the Central region.

“Magnit” operates 27 distribution centers with their total capacity of about 909 thsd. sq. m.

For further information, please contact:
Timothy Post Director, Investor Relations
Email: post@magnit.ru
Office: +7-861-277-4554 x 17600
Mobile: +7-961-511-7678
Direct Line: +7-861-277-4562

Dina Svishcheva Deputy Director, Investor Relations
Email: Chistyak@magnit.ru
Office: +7-861-277-45-54 x 15101
Mobile: +7-961-511-0202
Direct Line: +7-861-277-4562

Company description:
Magnit is Russia’s largest food retailer. Founded in 1994, the company is headquartered in the southern Russian city of Krasnodar. As of September 30, 2014, Magnit operated 25 distribution centers and over 9,020 stores (7,891 convenience, 243 hypermarkets, and 886 drogeries) in approximately 2,000 cities and towns throughout 7 federal regions of the Russian Federation.

In accordance with the reviewed IFRS consolidated financial statements for 1H 2014, Magnit had revenues of $9,979 million USD and an EBITDA of $1,045 million USD. Magnit’s local shares are traded on the Moscow Stock Exchange (MICEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating from Standard & Poor’s of BB. Measured by market capitalization, Magnit is one of the largest retailers in Europe.

CBRE establishes joint venture with three partners to provide property management services for the new Shanghai Tower

Four-Way Joint Venture to Ensure Excellence of Service at Supertall Green Landmark

Beijing, 2014-10-20— /EPR Retail News/ — World leading commercial real estate services and investment company CBRE is establishing a joint venture with three partners, including Shanghai Tower Construction and Development Company, the Shanghai Lujiazui Property Management Company and Shanghai Tower Real Estate Management Company Limited,for the purpose of providing property management services for the new Shanghai Tower. The new company is called “Shanghai Tower CBRE Property Management Company Limited”.

Shanghai Tower is located at the center of the Lujiazui Financial Development Zone in the Pudong section of Shanghai. Construction of the building, which has a height of 632 meters, is expected to be completed by the end of 2014. The property is also scheduled to be fully operational by mid-2015. Boasting 576,000 sq. m. of gross floor area, the iconic mixed-use development is set to become one of the most famous buildings in China and across the world.

General Manager of Shanghai Tower Construction and Development Company, Gu Jianping, commented,”With CBRE’s rich experience in managing top-grade properties around the globe combined with the deep local market experience of Lujiazui Property Management Company, the four partners look forward to sincerely cooperating together in building a seasoned property management team for this supertall mixed-use development. The professional and people-focused property management services provided will enable Shanghai Tower to fully realize its potential as a green, sustainable vertical community and be viewed as an icon in the world of high-end property development.”

“CBRE began its cooperation with Shanghai Tower two years ago as the building’s pre-occupancy property management consultant. At that time we helped the management team map out its property management and building operations strategies. We are honored now to have this opportunity to partake in the management of this prestigious landmark building as a stakeholder in the new joint venture. We look forward to cooperating with our partners to offer property management services of the highest quality for this world-class development and turning it into the first choice for office and work space in Shanghai,” added Willy Shee, Chairman of CBRE Asia.

Shanghai Tower has been designed and built to meet international green standards with the intention that the building will likewise be managed in accordance with those standards. Operation management for the tower was taken into consideration in the early stages of design and construction with plans made utilizing the expertise of internationally renowned consultants.

“CBRE has provided property management services for numerous supertall buildings around the world, including those located in China,” said Andy To, Executive Director, Asset Services, CBRE China. “Serving as the consultant to Shanghai Tower developers during the building’s construction stage has helped us better understand the management requirements of this unique project. The new joint venture property management model will further strengthen this project and we look forward to working with our partners to elevate its property management services to the highest level.”

“Our cooperation with Shanghai Tower has been very smooth, and our ideas and convictions for creating a world-class supertall building are very well aligned with those of the project’s owners. The formation of this powerful joint venture to manage the building is an innovative approach that serves as a worthy example of how CBRE leverages its global resources to advance in local markets,” added Ivan Poon, President of CBRE China.

About CBRE Group, Inc.
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 and investment firm (in terms of 2013 revenue).world’s largest commercial real estate services and investment firm (in terms of 2013 revenue).  The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.

Please follow us on CBRE’s corporate Weibo!

@CBRE世邦魏理仕中国

Please search CBRE_China or scan the QR code to follow CBRE’s official WeChat account:

For Further Information:

Jing Wang
Senior Manager, M & C, EC
T +(8621) 24011314
email
Daisy Xiang
Account Manager
T +(86-10)5096 1515
email