CBRE Releases Information on Greater China and Asia Pacific Business

Rhea-AI Summary

CBRE (NYSE: CBRE) has published insights on its business performance in Greater China and the Asia Pacific (APAC) region amid growing macroeconomic challenges. As of June 30, 2021, these regions contributed 2.5% and 10.3% to the company's total revenue, with capital markets revenues accounting for 0.2% and 1.2%, respectively. The update highlights the company's global presence, servicing a broad client base across over 100 countries with a comprehensive array of real estate services.

Positive

• Greater China and APAC regions contributed a total of 12.8% to the company's revenue.
• Strong global presence with services offered across over 100 countries.

Negative

• Only 2.5% of total revenue derived from Greater China, indicating limited market contribution.

DALLAS--(BUSINESS WIRE)-- CBRE (NYSE: CBRE) today released information about its business in Greater China and the Asia Pacific (APAC) region given increased macroeconomic uncertainty in Greater China. For the twelve months ended June 30, 2021, Greater China and APAC accounted for 2.5% and 10.3% of total company revenue, respectively. Greater China and APAC capital markets revenue, which reflects property sales and commercial mortgage originations, comprised 0.2% and 1.2% of total company revenue, respectively, for the twelve months ended June 30, 2021.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210920005893/en/

Kristyn Farahmand

+1 214 863 3145

Kristyn.farahmand@cbre.com

Source: CBRE Group, Inc.

FAQ

What percentage of CBRE's total revenue comes from Greater China?

Greater China accounted for 2.5% of CBRE's total revenue for the twelve months ended June 30, 2021.

How much revenue did CBRE generate from the Asia Pacific region?

CBRE generated 10.3% of its total revenue from the Asia Pacific region for the twelve months ended June 30, 2021.

What were CBRE's capital markets revenues related to Greater China?

For the twelve months ended June 30, 2021, capital markets revenue from Greater China represented 0.2% of total company revenue.

What are the key services offered by CBRE globally?

CBRE offers services including property management, investment management, appraisal and valuation, facility management, and mortgage services.