CBRE and Castelhana Seal a Strategic Partnership for the Residential Sector
CBRE, world’s leading real estate consulting, and Castelhana, a brokerage firm specialised in premium residential property investment and sales, formed a strategic partnership for the residential market.
Offering a new approach to the Portuguese market, this alliance aims to answer the increasing challenges of the residential real estate market, which is expected to be extremely dynamic in 2018, as well as strengthening the proximity and integrated offer to customers. As part of the partnership agreement, CBRE will oversee the real estate transactions in the business sector, whilst Castelhana will boost the residential segment through the sale of houses, apartments and premium housing developments in the business-to-consumer (B2C) scope.
Our clients will benefit the most from this partnership since they will have access to a wide range of products in the residential segment. It is important to highlight that a significant growth in the volume of transactions in this segment is expected for 2018. With the Portuguese market gaining an increasing relevancy in the international real estate scene, Castelhana will play a crucial role in monitoring and accelerating a tendency we have already begun to experience in 2017.
It is with great enthusiasm that Castelhana has signed this partnership with CBRE, which has all the right elements to become a winning combination. With this agreement, investor clients will benefit from Castelhana’s thorough know-how, both in terms of residential products and price. On the other hand, this partnership will boost Castelhana’s international reach, which is strengthened by the international value of the CBRE brand. With almost 19 years of experience, Castelhana signs this partnership agreement benefiting from a highly skilled and capable sales team of 30 employees, to help face our customer´s daily challenges.
CBRE began its activity in Portugal 30 years ago, being the first multinational real estate company to operate in the country. Its continued growth, built on solid values, has been reflected in its achievements, such as being awarded the Best Real Estate Advisory Firm in Portugal by Euromoney Real Estate Awards in 2017.
Founded in 1999, Castelhana is a Portuguese real estate firm, specialised in the development of premium residential assets in Lisbon, where the company has been a market leader since 2004.