1994

CBRE Group appoints Rick Santos to establish operations of CB Richard Ellis Philippines in partnership with Cuervo Far East Philippines

2000

CB Richard Ellis Philippines adds Asset Management in its service portfolio. CBRE Asset Services was a pioneer in the industry, introducing RE developers to third party services for asset management, property management, project management, and facilities management

2003

CBRE Valuation & Advisory expands its services to include plant and machinery valuation

2007

CB Richard Ellis Philippines expands to Cebu.

2011

CB Richard Ellis Philippines was named CBRE Philippines to align with regional group rebranding. CBRE Global Corporate Services offer labor analytics in its portfolio of client services

1999

CB Richard Ellis Philippines splits with its previous association and formally launches 9 business lines: Global Corporate Services, Global Research & Consultancy, Residential Services, Investments & Capital Markets, Valuation & Advisory, Property Management, Project Management, and Facilities Management

2002

Rick Santos acquires sole franchising rights to CB Richard Ellis Philippines. The company starts with three employees

2004

CBRE Philippines introduces public auction for foreclosed properties and gives birth to CBRE Auctions Group

2008

CBRE Asset Services Received the ISO 9001:2008 Quality Management Systems Cerification

2012

CBRE Philippines continue to prove its track record of excellence in real estate services and advisory as it wins in the Asia Pacific Property Awards 2012-2013

Orion Support Incorporated (OSI)

Dear Rick,

Following up from my initial request to you for support in finding a new office location for our company, Orion Support Incorporated.   Well, we moved in to the LTA Building on Perea Street, fifty meters or so from Paseo de Roxas this weekend, only a 4 minute walk to AmCham and under excellent terms.

While I think you assigned both Morgan Mcgilvray and Sherdil Rana to support our original request; as you know, Morgan was very tied up with his wife giving birth during the period we identified this location and negotiated with the landlord, Mr. Mike Arroyo. Yes, the former First Gentleman. But in my short interaction with Morgan, I can see that he is a solid, young professional.

With regards to Sherdil, I want to tell you that with 35+ years of interviewing hundreds and hundreds of individuals, I was impressed with his professionalism, focused support and “can-do” attitude  from the point of identifying our potential office space, and through the negotiation stages prior to the signing of our 6 year contract.  I was impressed with his considered opinions, insightfulness with regards to Philippine business culture and his sage advice related to our strategy in the negotiation process.  Sherdil was able to negotiate a rental rate per square meter about 150 – 200 pesos less than the going rate in this area, and with only a 7% increase after 24 months. Add to that, he secured for us three parking slots at no additional cost, two months security deposit versus the standard three, and two months advance rent to be applied to the front end of our contract versus the back end as is the case in most rental contracts. And, he got the landlord to repaint the entire office with three coats of mildew resistant paint at their expense.   But best of all, we were given a 6 year lease, with only having to give two months notice and forfeit only our two month security deposit to move out anytime with no additional penalty!

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Contact

Manila Office

10F Ayala Tower One & Exchange Plaza
Ayala Triangle, Ayala Avenue, Makati City
1126 Philippines

T +632 752 2580 | F +632 752 2571
ricksantosteam@cbre.com.ph

Cebu Office

Unit 1505, 15th Floor, Ayala Life - FGU Center
Mindanao Avenue,Corner Biliran Road
Cebu Business Park, Cebu City
6000 Philippines

T +032 318 0070 | +032 236 0462
ricksantosteam@cbre.com.ph

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