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CBRE GROUP, INC. - CBRE STOCK NEWS

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) is the world's largest commercial real estate services and investment firm, based on 2023 revenue. A Fortune 500 and S&P 500 company, CBRE is headquartered in Dallas and operates with a global workforce of over 130,000 employees, including Turner & Townsend employees, across more than 100 countries.

CBRE provides a wide range of integrated services, which cater to real estate owners, investors, and occupiers. These services include facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services; and development services.

The company's investment management arm manages over $140 billion for clients with diverse public and private real estate strategies. In addition, CBRE is at the forefront of ESG (Environmental, Social, and Governance) initiatives, leveraging technology to enhance sustainability and operational efficiency in the commercial real estate sector.

One of CBRE's recent significant advancements is its role in the burgeoning electric vehicle (EV) infrastructure market. The company has partnered with EV+, a provider of on-site electric vehicle charging infrastructure solutions, to deploy EV charging systems at 10,000 U.S. commercial properties over the next five years. This initiative addresses the increasing demand for convenient and reliable EV charging stations, promoting sustainable practices in commercial real estate.

CBRE also focuses on technology's impact on real estate, as highlighted during the Property Council of Australia's Technology Summit. The company emphasizes the importance of integrating intelligent building systems and harnessing data analytics to achieve ESG targets and improve property management.

Furthermore, CBRE has formed a strategic alliance with Zimmer Biomet Holdings, Inc. to develop and outfit orthopedic ambulatory surgery centers (ASC) in the U.S. This collaboration aims to combine CBRE's expertise in commercial real estate with Zimmer Biomet's leadership in medical technology to enhance patient care and access to advanced medical facilities.

For the latest updates and more information, visit CBRE's official website at www.cbre.com.

News

CBRE Climbs to No. 3 on Barron’s Most Sustainable U.S. Companies List

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CBRE Group, Inc. (NYSE:CBRE) has climbed to No. 3 on Barron's list of the 100 most sustainable U.S.-based companies for 2024, up from No. 4 last year. This marks the seventh consecutive year that CBRE has made the top 100 list. The company received an A- performance score from CDP for its 2023 climate change disclosure, placing it in CDP's Leadership band for implementing best practices in climate change governance. CBRE's partnership with Emitwise was also recognized by CDP for innovation in decarbonizing the supply chain. Additionally, CBRE was named the highest-ranked commercial real estate company on Forbes' Net Zero Leaders list and appeared on 3BL's 100 Best Corporate Citizens ranking for the fifth consecutive year.
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CBRE Climbs to No. 3 on Barron’s Most Sustainable U.S. Companies List

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CBRE Group, Inc. (NYSE:CBRE) climbs to No. 3 on Barron’s list of the 100 most sustainable U.S.-based companies for 2024, up from No. 4 last year. This is the seventh consecutive year CBRE has made the top 100 list. The company received an A- performance score from CDP on its 2023 climate change disclosure, recognized for best practices in climate change governance.
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CBRE Group, Inc. Closes Acquisition of J&J Worldwide Services

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CBRE Group, Inc. completes the acquisition of J&J Worldwide Services, a leading provider of engineering services for the U.S. federal government. The acquisition enhances CBRE's technical services capabilities, expands its government client base, and aims for revenue growth.
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Guy Metcalfe to Join CBRE Group, Inc. Board of Directors

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CBRE Group, Inc. (NYSE:CBRE) appoints Guy A. Metcalfe, a seasoned investment banking executive, to its Board of Directors. Mr. Metcalfe brings over 30 years of experience from Morgan Stanley, advising on $850 billion of transactions. His strategic insights are expected to drive CBRE's growth and excellence in the real estate sector.
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CBRE Named Top Real Estate Brand in Lipsey Survey for 23rd Consecutive Year

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CBRE Group, Inc. (NYSE: CBRE) has been recognized as the top global brand in commercial real estate by The Lipsey Company for the 23rd consecutive year. Trammell Crow Company, CBRE's development services subsidiary, also secured the top spot as the leading pure development company for the sixth year in a row. This recognition highlights CBRE's consistent excellence and the high regard it holds within the commercial real estate industry.
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CBRE Group, Inc. Announces Pricing of $500 Million Senior Notes Offering

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CBRE Group, Inc. announces the pricing of $500 million in Senior Notes due 2029 with an interest rate of 5.500% per annum. The net proceeds are estimated to be approximately $495 million for the acquisition of J&J Worldwide Services. Wells Fargo Securities, BofA Securities, and HSBC Securities are joint book-running managers for the offering.
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CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2023

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CBRE Group, Inc. (NYSE:CBRE) reported strong Q4 2023 results with GAAP EPS rising to $1.55 and Core EPS to $1.38. However, FY 2023 saw a decline in both GAAP and Core EPS. Revenue increased by 9.2% in Q4 and 3.6% for FY 2023. Net income surged by 487.9% in Q4 but declined for the full year. Cash flow from operations rose by 4.8% in Q4 but decreased significantly for the year. CBRE expects mid-teens percentage growth in core earnings-per-share for 2024.
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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for February 2024 and Availability of 19(a) Notice

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MainStay CBRE Global Infrastructure Megatrends Term Fund (MEGI) announces monthly distributions for February 2024, with a current annualized distribution rate of 12.29%. The Fund's closing price on February 12, 2024, was $12.21, and the closing NAV was $14.09.
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U.S. Building Performance Standards in 2023 and Beyond

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CBRE EA's report highlights the increasing adoption of Building Performance Standards (BPS) by local and state governments to combat greenhouse gas emissions and support building decarbonization. Momentum is growing for a collaborative approach, with the National Building Performance Standards Coalition aiming to implement policies by Earth Day 2024. Penalties for non-compliance vary, aiming to encourage accountability and accelerate decarbonization.
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Electric Vehicle Trends and Challenges for Industrial Real Estate

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CBRE Group, Inc.'s press release highlights the growing demand for electric vehicles (EVs) and the resulting need for manufacturing facilities, assembly plants, and distribution centers in North America. The EV sector is experiencing significant growth, driven by factors such as environmental benefits, availability, affordability, and government incentives. The industry is projected to generate substantial revenue, with EVs expected to account for a significant portion of new vehicle sales by 2030. Major automotive manufacturers, including Ford, General Motors, and Tesla, are increasing their EV production. Investments in EV manufacturing facilities are on the rise, with multi-billion dollar projects underway in various states across the U.S.
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FAQ

What is the current stock price of CBRE GROUP (CBRE)?

The current stock price of CBRE GROUP (CBRE) is $135.43 as of November 22, 2024.

What is the market cap of CBRE GROUP (CBRE)?

The market cap of CBRE GROUP (CBRE) is approximately 41.1B.

What services does CBRE Group, Inc. provide?

CBRE offers facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Where is CBRE Group, Inc. headquartered?

CBRE is headquartered in Dallas, Texas.

How many employees does CBRE have?

CBRE employs over 130,000 people, including Turner & Townsend employees, worldwide.

What recent initiatives has CBRE undertaken in the EV infrastructure market?

CBRE has partnered with EV+ to deploy electric vehicle charging systems at 10,000 U.S. commercial properties over the next five years.

What is CBRE's approach to ESG initiatives?

CBRE leverages technology to enhance sustainability and operational efficiency in commercial real estate, aiming to meet ESG targets through intelligent building systems and data analytics.

How does CBRE support the healthcare sector?

CBRE has partnered with Zimmer Biomet Holdings, Inc. to develop and outfit orthopedic ambulatory surgery centers (ASC) in the U.S., combining real estate expertise with advanced medical technology.

What is the focus of CBRE's investment management arm?

CBRE's investment management arm manages over $140 billion for clients across diverse public and private real estate strategies.

What are the core markets served by CBRE?

CBRE serves real estate owners, investors, and occupiers in more than 100 countries worldwide.

How does CBRE leverage technology in real estate?

CBRE integrates technology to make buildings more intelligent, improve operational efficiency, and achieve sustainability goals.

Where can I find more information about CBRE Group, Inc.?

For more information, visit CBRE's official website at www.cbre.com.

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CBRE GROUP, INC.

NYSE:CBRE

CBRE Rankings

#331 Ranked by Market Cap
N/A Ranked by Dividends

CBRE Stock Data

41.09B
303.97M
0.55%
98.04%
1.57%
Real Estate Services
Real Estate
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United States of America
DALLAS