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.
North Signal Capital has secured a 164,500 SF, 5-year lease with Jonathan Y, a luxury home furnishings company, located at RiverPort Commerce Park in Hardeeville, SC. The lease aims to enhance Jonathan Y's operational efficiency with lower occupancy costs and is expected to generate over 40 jobs by September. Construction of customized premises is underway, and the project signifies economic growth for the Savannah market. The site selection was praised for its location, economic incentives, and low property taxes.
CBRE Group (NYSE:CBRE) announced the participation of Spencer Levy, Julie Whelan, and Lenny Beaudoin in a moderated discussion at the Morgan Stanley 2021 U.S. Financials, Payments & CRE Conference. This virtual event is scheduled for June 15, 2021, at 2:45 p.m. ET. Interested parties can access a live audio webcast via the Investor Relations section of the company’s website, with a replay available within 24 hours for 90 days. CBRE, headquartered in Dallas, is the largest commercial real estate services firm globally, serving clients in over 100 countries.
CBRE Group, Inc. (NYSE: CBRE) has climbed to #122 on the 2021 Fortune 500 list, up from #128 in 2020. The company reported total revenues of $23.8 billion in 2020, managing over 7.0 billion sq. ft. of commercial properties and $124.5 billion of investment assets. CBRE was recognized as the top-ranked real estate firm on Fortune's Most Admired Companies list for the third straight year and ranked #22 on Barron's list of the 100 Most Sustainable Companies. This reflects the company's robust performance amid the challenges posed by COVID-19.
CBRE Group, Inc. (NYSE: CBRE) has been ranked #24 in 3BL Media's 100 Best Corporate Citizens list, recognizing its exceptional environmental, social, and governance (ESG) efforts. The evaluation involved 1,000 large U.S. public companies and CBRE is noted as the leading real estate firm. CBRE's commitment to responsible business practices is emphasized by its Chief Responsibility Officer, highlighting ongoing efforts to tackle climate change and pandemic-related challenges. This accolade follows other recognitions including a top position on Barron's and Fortune's lists for sustainability and ethical practices.
CBRE Group, Inc. reported robust first-quarter results for 2021, achieving the highest revenue and adjusted EPS in its history. Revenue reached $5.939 billion, up 0.8% year-over-year, while GAAP net income surged 54.6% to $266 million, and adjusted EPS rose 15.2% to $0.86. The CEO highlighted expectations for full-year adjusted EPS to exceed 2019's peak, despite ongoing pressures in the office market. Promising growth in industrial leasing and strong international performance contributed to the positive outlook, despite challenges from Covid-19 in certain sectors.
CBRE Group, Inc. (NYSE:CBRE) will publish its financial results for the first quarter of 2021 on April 29, 2021, at 6:55 a.m. Eastern time. A conference call to discuss these results is scheduled for the same day at 8:30 a.m. Eastern time, which will be accessible via the company's website. The call can be joined using U.S. dial-in number 877.407.8037 or international number 201.689.8037. A replay of the call will be available for one week after the event, with a webcast replay accessible for 12 months.
CBRE has been ranked as the top firm in commercial real estate investment sales globally for the tenth consecutive year, according to Real Capital Analytics (RCA). In 2020, CBRE held a 24.2% market share, surpassing its closest competitor by 860 basis points. The firm led sales across all major regions, including Americas, Asia Pacific, and EMEA. CBRE also dominated in various property types, with significant market shares in office (22.7%), logistics (30.0%), retail (23.2%), and apartments (22.8%).
CBRE Group, Inc. (NYSE:CBRE) has priced $500 million in 2.500% Senior Notes due 2031, issued by its subsidiary CBRE Services, Inc. The Notes, sold at 98.451% of face value, are set to settle on March 18, 2021, pending customary conditions. The estimated net proceeds of approximately $487 million will be utilized for general corporate purposes. Goldman Sachs & Co. LLC and Wells Fargo Securities, LLC are joint book-running managers for this offering, conducted under an effective SEC shelf registration statement.
CBRE Group (NYSE:CBRE) announced that its President & CEO, Bob Sulentic, will present at the Citi 2021 Global Property Conference on March 8, 2021, at 2:45 p.m. Eastern time. The presentation will be conducted virtually, and interested investors can access a live audio webcast through the Investor Relations section of the company's website at www.cbre.com. A replay will be available within 24 hours and accessible for 90 days.
CBRE, a leading commercial real estate services firm, operates globally, employing over 100,000 professionals.
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