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VOL. 123 | NO. 28 | Monday, February 11, 2008

CB Richard Ellis Acquires Romanian Firm

AP

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LOS ANGELES (AP) - Commercial real estate services firm CB Richard Ellis Group Inc. said Friday it acquired Eurisko Consulting SRL for about $35 million to bolster its central and eastern European operations.

Eurisko Consulting is the largest commercial real estate services firm in Romania.

"We expect the Romanian commercial real estate market to see substantial growth over the long term," Colin Waddell, managing director of CB Richard Ells' central and eastern European operations, said in a statement.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 86 374 7,749
MORTGAGES 89 414 9,199
FORECLOSURE NOTICES 9 52 1,358
BUILDING PERMITS 197 1,007 16,607
BANKRUPTCIES 45 279 5,406
BUSINESS LICENSES 28 154 2,948
UTILITY CONNECTIONS 0 139 3,250
MARRIAGE LICENSES 30 128 1,688

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