CBRE opens new office in Kochi

Property consultant CBRE India today said it has opened a new office at Kochi in Kerala to provide various services to the customers.
"With a dedicated office and the right resources, CBRE is strategically positioned to further enhance its service offerings to customers, while supporting the growth of the real estate sector in the region," CBRE said in a statement.
Kochi, which was recently announced as part of the Government's Smart City initiative, has gained strategic importance in recent years. The city has witnessed increased demand for office space for large corporate occupiers, investors and developers.
CBRE manages close to 4 million sq ft under asset services and more than 8 million sq ft in project management in the city. It now offers a full suite of services across 10 locations and has a presence in over 30 cities in India.

"The real estate market in South India, especially Kochi is at the threshold of future development. We already have a strong presence in Kochi and work with the leading occupiers and developers there. Opening an office there was a natural progression," CBRE South Asia, MD, Advisory & Transaction Services Ram Chandnani said.