CB Richard Ellis Group reported revenue of $1.2 bn (EUR 881 mln) for the first quarter of 2007, an increase of 61.6% over the first quarter of 2006. Revenue for the EMEA (Europe, Middle East, Africa) region, mainly consisting of operations in Europe, increased 36.8% from $164.7 mln in the first quarter of 2006 to $225.4 mln in the first three months of this year.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
