Welcome to our dedicated page for Cbre Group news (Ticker: CBRE), a resource for investors and traders seeking the latest updates and insights on Cbre Group stock.
CBRE Group, Inc. (NYSE: CBRE), the world's largest commercial real estate services firm, provides investors and professionals with critical updates through this centralized news hub. Track official press releases, earnings announcements, and strategic developments impacting global property markets.
Key updates include: Quarterly financial results, acquisitions and partnerships, leadership appointments, and market analysis reports. This resource enables stakeholders to monitor CBRE's operational expansions, technology initiatives, and sustainability commitments across 100+ countries.
Bookmark this page for real-time insights into CBRE's leasing activity, investment management strategies, and facilities management innovations. Stay informed on how the company navigates evolving commercial real estate dynamics through data-driven solutions.
CBRE Group, Inc. (NYSE: CBRE) is set to release its first quarter 2023 financial results on April 27, 2023, at approximately 6:55 a.m. Eastern time. A conference call will follow at 8:30 a.m. Eastern time to discuss the results. Investors can access the call via the company’s website, www.cbre.com, where a supplementary slide presentation will also be available. Replay options for the call will be provided for a week post-event. CBRE is recognized as the largest commercial real estate services firm globally, operating in over 100 countries with around 115,000 employees.
Accelerate Investment Partners and CBRE Investment Management have initiated a new strategy called Accelerate Infrastructure Opportunities, focusing on investments in digital and renewable real estate interests across North America. This strategy will include acquiring and managing ground leases and land for critical infrastructure assets, such as cellular towers and renewable energy projects. The partnership aims to leverage long-term capital for sustainable cash flow, benefiting from Accelerate's strong market position and expertise in property value maximization. Together, they plan to capitalize on the growth potential in the infrastructure sector.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has announced three distributions of $0.06 per share for April, May, and June 2023, totaling $0.18 per share. The current annualized distribution rate is 14.1% based on a closing market price of $5.10 as of March 28, 2023. For the fiscal year to date, the fund has declared six regular monthly distributions totaling $0.36 per share. Estimated allocations for the distributions indicate approximately 48% comes from net realized long-term capital gains. The board reviews distribution rates quarterly based on the fund's net investment income and realized gains.
CBRE and Akima Intra-Data have been awarded an IDIQ contract by the GSA for Electric Vehicle Supply Equipment (EVSE) installation across federal locations in the Western U.S. This initiative supports the federal goal of 100% zero-emission vehicle acquisitions by 2035. The partnership aims to provide federal agencies with a streamlined, turn-key solution for EVSE planning, design, delivery, and operation. With CBRE's extensive real estate services experience and Akima's government logistics background, the collaboration targets improved sustainability and efficiency in federal operations.
The CBRE Global Real Estate Income Fund (NYSE: IGR) has declared a monthly distribution of $0.06 per share for March 2023. The declaration date was March 9, 2023, with the ex-dividend date on March 17, 2023 and payable date on March 31, 2023. The Fund’s current annualized distribution rate is 10.8% based on the March 7 closing price of $6.69. Total distributions for the fiscal year to date are $0.18 per share. The Fund's distribution policy is subject to change and is reviewed quarterly based on net investment income and realized gains.
For more details, a webinar on the Fund’s performance and market outlook is scheduled for March 15, 2023.
CBRE has secured the top position in global commercial real estate investment sales for the 12th consecutive year, according to MSCI Real Assets.
With a remarkable 23.4% market share in 2022, CBRE outperformed its closest competitor by 740 basis points. It led the rankings across the Americas (22.2%), Asia Pacific (33.9%), and Europe, Middle East & Africa (21.8%).
CBRE also topped the global charts in five major asset classes: office (25.8%), industrial (31.3%), retail (23.5%), multifamily (17.8%), and hotels (20.0%).
CBRE Group, Inc. (NYSE:CBRE) has achieved a remarkable rise to #4 on Barron’s list of the 100 most sustainable U.S.-based companies for 2023, up from #11 last year. This recognition reflects CBRE's commitment to sustainability, as evaluated by over 230 Environmental, Social & Governance (ESG) metrics. CBRE is included in the prestigious list for the sixth consecutive year. The accolade follows the company's inclusion in the Dow Jones Sustainability World Index and the Bloomberg Gender Equality Index, highlighting its efforts towards creating an inclusive workplace. CBRE operates as the world's largest commercial real estate services and investment firm.
The CBRE Global Real Estate Income Fund (NYSE: IGR) announced a webinar on March 15, 2023, at 2:00 p.m. EDT, featuring updates from the portfolio management team. Key topics will include the Fund's market outlook and details on a transferable rights offering. Investors can register for the webinar through the Fund's website. As an actively managed closed-end fund, IGR primarily invests at least 80% of its assets in income-producing global real estate equity securities, aiming for high current income and capital appreciation. Investors are reminded to review the Fund's prospectus for full investment details and risks.
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