CBRE GROUP, INC. - CBRE STOCK NEWS

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.

CBRE Group, Inc. (NYSE:CBRE) announced that Chief Financial Officer Leah Stearns will present at the Raymond James Annual Institutional Investors Conference on March 1, 2021, at 3:00 p.m. Eastern time. The presentation will be available via a live audio webcast on the company's Investor Relations website, with a replay accessible within 24 hours and available for 90 days. CBRE, the world's largest commercial real estate services firm, employs over 100,000 people and operates in more than 100 countries, providing a wide range of services including facilities management, property leasing, and investment management.