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CBRE Group Closes Down Moscow Office

Friday, Mar 11 2022
Commercial Lending
Written by  The Mortgage Leader

CBRE Group has announced that it has started leaving its Moscow office and ending the majority of its business in Russia in light of the Ukraine invasion. So reports Dow Jones Newswires.

flag of the russian federation 38922 640smallThe Dallas-based commercial real estate giant said that in addition to shuttering its Moscow office it is nixing two affiliate relationships in Russia.

CBRE said that it is contractually obligated to continue providing essential services for current multinational clients operating in Russia.

Read the full article from Dow Jones Newswires. 

 

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