Founded in 1997, Eurisko is one of the top real estate servicescompanies in Romania. Employing 120 people, it has officesthroughout the country. Its services include investment, agency,valuation, consultancy and research, and it has an extensive clientportfolio.

Romania joined the European Union in 2007. That alliance,coupled with economic growth and a low-cost labor force, has fueledthe growth of Romania's real estate market. It is a strategicacquisition for CB Richard Ellis, increasing the company's abilityto work with investors seeking the high yields available in Centraland Eastern Europe. It also enables CB Richard Ellis to assistcompanies that are considering Romania as a location for their backoffice and support centers.

"Romania has become a country of strategic interest to ourclients as they continue to look east," says Mike Strong, presidentof CB Richard Ellis, in a prepared statement. "This latestacquisition enables us to respond to these needs and strengthensour platform in the important CEE region."