SOURCE: Shinesrooms.com

Shinesrooms.com

August 23, 2011 08:48 ET

Equity Research on CB Richard Ellis Group Inc. and Brookfield Properties Corporation -- Property Managers Post Strong 2Q

NEW YORK, NY--(Marketwire - Aug 23, 2011) - www.shinesrooms.com has a handpicked team of market professionals with over 100 years of combined investing experience. Today they are providing members comprehensive research on the Property Management industry and are offering free analytical research on CB Richard Ellis Group Inc. (NYSE: CBG) and Brookfield Properties Corporation (NYSE: BPO). Register with us today at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index.com to have free access to these research reports.

Property managers enjoyed a strong second quarter as a whole but a slowdown in the global economic recovery threatens to undo some of those gains. Get your free reports on CB Richard Ellis Group Inc. and Brookfield Properties Corporation at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.

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Brookfield Properties Corp. saw commercial net operating income for the second quarter balloon to $217 million from $180 million in the prior year's quarter. Contributions from an acquired Australian portfolio accounted for much of the improvement, but better demand and vacancy rates were also factors. Brookfield Properties Corporation report is accessible for free by registering today at http://www.shinesrooms.com/BrookfieldPropertiesCorporation230811.pdf.

Similarly, CB Richard Ellis Group Inc. turned in a strong second quarter. Total revenue for the quarter climbed 21% on a year over year basis to $1.4 billion. The group could see even further gains from its recent agreement to be the sole provider of corporate real estate solutions to the United States Postal Service. CB Richard Ellis Group Inc. report is accessible for free by registering today at http://www.shinesrooms.com/CBRichardEllisGroupInc230811.pdf.

Overall, it was an impressive second quarter for the major property holders. Market unrest could adversely affect demand and occupancy rates though. Both property managers also have significant international holdings and may incur currency related losses as markets continue to fluctuate.

The two Property Management stocks research reports are available for free by signing up now on www.shinesrooms.com.

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