CB Richard Ellis has today announced that it is expanding its presence into the Swiss property market. Geneva-based property consultancy, PI Performance Immobiliere, has been selected as CB Richard Ellis’s partner to represent them exclusively in Switzerland. The new company will be known as “CB Richard Ellis PI Performance”.
The partnership gives CB Richard Ellis access to PI Performance Immobiliere’s local network and expertise. Established in 1997, PI Performance Immobiliere has a team of fifteen people, with offices in Geneva and a recently opened office in Zurich. The company specialises in corporate real estate and structured property transactions throughout Switzerland.
CB Richard Ellis has extensive experience of the Swiss office market having recently acted for Procter & Gamble in acquiring their Geneva headquarters, a deal credited with sparking the recovery of the local office market.
Alan Froggatt, CB Richard Ellis EMEA Chief Executive commented, “We are delighted that CB Richard Ellis is now able to make a fresh start as a major force in Switzerland. We believe that our new cooperation agreement will mean higher standards of CB Richard Ellis advice and support for both existing and new clients in Switzerland.”
2 Jean Golinelli, Managing Director of CB Richard Ellis PI Performance commented, “We are very much looking forward to benefiting from CB Richard Ellis’ unrivalled network of clients and contacts across Europe. Switzerland is at the heart of the European business community and the prospects of developing our cross-border business in the future are extremely exciting.”