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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 Announces North America Winners for 2023 Supplier Innovation Challenge

Rhea-AI Summary
CBRE Global Workplace Solutions (GWS) has announced the winners of its 2023 Supplier Innovation Challenge for North America. The competition recognized supplier partners for innovative contributions to serving CBRE and its clients. Supplier partners from across North America submitted 59 innovation initiatives across six categories, with winners selected by a panel of judges from the CBRE GWS businesses. The winners include Benjamin Moore & Co. for Innovation of the Year, Kimberly-Clark Professional for Diversity, Trane Technologies for Sustainability, DC Group, Inc. for Client Value, Monarch Landscape Companies for Data & Technology, SBM Management Services for Workplace Experience, and GOJO Industries, Inc. for Health & Safety.
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CBRE’s Board Appoints CEO Robert Sulentic as Board Chair

Rhea-AI Summary
CBRE Group, Inc. (NYSE:CBRE) appoints CEO Robert Sulentic as the new Chair of the Board of Directors, succeeding Brandon Boze. Shira Goodman, former CEO of Staples, Inc., is appointed as Lead Independent Director. The unification of the CEO and Chair roles aims to drive the company's long-term strategy and build on its accomplishments.
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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for November 2023 and Availability of 19(a) Notice

Rhea-AI Summary
MEGI: MainStay CBRE Global Infrastructure Megatrends Term Fund announces November 2023 monthly distributions of $0.1250 per common share, with an annualized distribution rate of 12.88%. The Fund's closing price on November 10, 2023, was $11.65, and its closing NAV was $13.68. Dividend Distribution Schedule: Ex-Dividend Date - 11-24-2023, Record Date - 11-27-2023, Payable Date - 11-30-2023. The reported distributions are estimates and not for tax reporting purposes.
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Forbes Names CBRE One of America’s Net-Zero Leaders

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CBRE Group, Inc. has been named to Forbes' inaugural Net-Zero Leaders list, recognizing companies best positioned to reduce greenhouse-gas emissions and transition to a low-carbon economy by 2050. CBRE was the highest-ranked commercial real estate services company. The ranking considered factors such as climate governance, strategy, financial position, and competitive strength. CBRE has set goals for emission reductions, renewable energy usage, and vehicle fleet electrification.
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Sustainability Solutions Consulting Specialist Stephanie Greene Joins CBRE

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CBRE has announced the appointment of Stephanie Greene as Managing Director and Sustainability Solutions Leader for Americas Consulting. With nearly two decades of experience in sustainability and clean energy, Greene will help CBRE's clients navigate the sustainability landscape and develop clear roadmaps for achieving their goals. She will work closely with CBRE's chief sustainability officer and executive managing director to expand the company's sustainability services in the Americas.
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CBRE Group, Inc. Reports Financial Results for Third-Quarter 2023

Rhea-AI Summary
CBRE Group, Inc. reports financial results for Q3 2023, with a decline in GAAP EPS by 56% to $0.61 and Core EPS by 36% to $0.72. The company experienced a slowdown in property sales and debt financing activity, leading to a decline in core earnings-per-share. CBRE now expects a mid-30% decrease in 2023 core earnings-per-share, compared to the previously anticipated 20% to 25% decline.
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CBRE Named to 100 Best Corporate Citizens of 2023

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CBRE Group, Inc. named to 3BL's annual 100 Best Corporate Citizens ranking for the fifth consecutive year
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MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE: MEGI) Declares Monthly Distribution for October 2023 and Availability of 19(a) Notice

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MainStay CBRE Global Infrastructure Megatrends Term Fund announces monthly distributions for October 2023.
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CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for October, November and December and Announces a Webinar with Portfolio Management

Rhea-AI Summary
The CBRE Global Real Estate Income Fund has declared three distributions of $0.06 per share for October, November, and December 2023. The current annualized distribution rate is 17.0% based on the closing market price of $4.24 on October 5, 2023.
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CBRE Group, Inc. Announces Details of Conference Call and Webcast for Third Quarter 2023 Financial Results

Rhea-AI Summary
CBRE Group, Inc. will release its Q3 2023 financial results on October 27, 2023. A conference call will be held to discuss these results. Webcast and slide presentation will be available on the company's website.
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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.

Stock CBRE logo
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