NEW YORK, NY -- (Marketwire) -- 05/10/12 -- 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 Brookfield Office Properties Inc. (NYSE: BPO) and CBRE Group Inc. (NYSE: CBG). Register with us today at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index to have free access to these research reports.
The first quarter is generally a seasonal low in the property management industry, though some fared better-than-expected. Although it remains somewhat sluggish and uneven, the recovery in the U.S. does appear to be making its mark, buoying some companies' earnings. Get your free reports on Brookfield Office Properties Inc. and CBRE Group Inc. at http://www.shinesrooms.com/index.php?_controller=RegisterMember&_method=index. There is no commitment to join.
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Brookfield Office Properties Inc. recently reported first quarter net income of $352 million for the first quarter, compared to $306 million a year ago. During the quarter, Brookfield leased 1.1 million square feet of space and since then has announced the completion of a 1.2 million square foot lease with Morgan Stanley. Brookfield Office Properties Inc. report is accessible for free by registering today at http://www.shinesrooms.com/BrookfieldOfficePropertiesInc100512.pdf.
The growing business confidence in North America was also apparent in the recent quarterly financial report of CBRE Group Inc. The company announced revenues of 1.35 billion, which exceeded year ago revenues by 14 percent. CB noted that performance in the U.S. drove revenue gains, making up around 60 percent of total revenues for the quarter. CBRE Group Inc. report is accessible for free by registering today at http://www.shinesrooms.com/CBREGroupInc100512.pdf.
Despite improvements in North America, slower investments activity in Asia/Pacific and the persistent economic turbulence in Europe remain concerning for industry players.
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