CORFAC Adds Global Commercial Real Estate Affiliates in China, India and Greece

FALLS CHURCH, Va.: CORFAC International (Corporate Facility Advisors), one of the largest commercial real estate brokerage organizations in the world, has added new global commercial real estate affiliates in China, India and Greece. 

Cresval Corporate Advisory Group (Shanghai), Narains Corporation (Mumbai) and Ktimatiki Real Estate (Athens) are CORFAC’s newest international affiliates. In addition to referring business between CORFAC firms, members share best practices for business operations, marketing support and other resources.

Berendes & Partner Consulting GmbH (Hamburg) and IL PUNTO Real Estate Advisor (Milan) joined CORFAC International in December 2011. 

CORFAC International (Corporate Facility Advisors) is one of the largest commercial real estate brokerage organizations in the world and comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and commercial real estate corporate services. In recent years, CORFAC firms have averaged 10,000 completed transactions annually encompassing nearly 1 billion square feet and valued at more than $16 billion. 

Shanghai, China-based Cresval offers a comprehensive range of real estate related services to clients in the Asia Pacific region to cover Hong Kong, Singapore, Taiwan, Japan, Malaysia, Thailand, India and Indonesia. The firm is principally involved with office, industrial, retail, land and commercial properties. Simon Liu (pronounced ‘New’) is the Managing Principal and Ricky Chan is Executive Director. 

Prior to starting Cresval, Liu worked in Asia as a representative of CresaPartners, GVA Worldwide and Insignia.Mumbai, India-based Narains was established in 1971 by Group Chairman Devendra Narain. From inception, Narains has focused its work on Class A office and retail properties throughout the city. The second generation of the firm is managed by CEO & President Chetan Narain and Managing Director Sanjeet Narain. The firm has closed transactions with CORFAC International members in the U.K., Chicago and Toronto. 

Athens, Greece-based Ktimatiki focuses its services on Greek real estate comprised of commercial, retail, industrial and hospitality transactions in addition to investment advisory and high-end residential sales. Ktimatiki provides Tenant/Owner representation, Corporate Real Estate Advisory Services, Valuations and Facility Management. Kiriakos Kalimnios is CEO and Meletis (‘Mike’) Vassiliou is COO and Manager of the firm.