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CBRE Group Inc (CBRE.N)

CBRE.N on New York Stock Exchange

50.04USD
15 Feb 2019
Change (% chg)

$0.56 (+1.13%)
Prev Close
$49.48
Open
$49.93
Day's High
$50.20
Day's Low
$49.72
Volume
2,945,795
Avg. Vol
599,853
52-wk High
$50.42
52-wk Low
$37.45

Latest Key Developments (Source: Significant Developments)

CBRE Group Inc Reports Results For Full-Year And Fourth-Quarter 2018
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. REPORTS DOUBLE-DIGIT REVENUE AND EARNINGS GROWTH FOR FULL-YEAR AND FOURTH-QUARTER 2018.Q4 ADJUSTED EARNINGS PER SHARE $1.21.Q4 GAAP EARNINGS PER SHARE $1.15.Q4 EARNINGS PER SHARE ESTIMATE $1.13 -- REFINITIV IBES DATA.Q4 REVENUE $6.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.96 BILLION.QTRLY ORGANIC FEE REVENUE GROWTH WAS 13%.GLOBAL INVESTMENT MANAGEMENT AUM TOTALED $105.5 BILLION AT YEAR-END 2018, UP $1.0 BILLION FROM Q3 OF 2018.  Full Article

Costar Group Signs Global Agreement With CBRE
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - CoStar Group Inc ::COSTAR GROUP SIGNS LANDMARK GLOBAL AGREEMENT WITH CBRE.COSTAR GROUP INC - HAS SIGNED A NEW GLOBAL CONTRACT FOR UP TO SEVEN YEARS.COSTAR GROUP INC - ALL CBRE USERS WILL NOW BE ABLE TO ACCESS COSTAR'S INFORMATION ACROSS CANADA AND UNITED KINGDOM.  Full Article

CBRE To Eliminate CEO Roles For Americas, EMEA And APAC Regions
Friday, 17 Aug 2018 

Aug 17 (Reuters) - CBRE Group Inc ::CBRE ANNOUNCES FUTURE ORGANIZATION STRUCTURE AND EXECUTIVE PROMOTIONS.CBRE GROUP - ANNOUNCED NEW ORGANIZATION STRUCTURE EFFECTIVE JAN 1, 2019, AND SENIOR EXECUTIVE PROMOTIONS IN ANTICIPATION OF FUTURE ORGANIZATION.CBRE GROUP - UNDER NEW STRUCTURE, CO WILL ORGANIZE OPERATIONS AROUND, AND PUBLICLY REPORT ITS FINANCIAL RESULTS ON 3 GLOBAL BUSINESSES.CBRE GROUP INC - IN JAN. 2019, CO TO ELIMINATE CEO ROLES FOR AMERICAS, EMEA AND APAC REGIONS.CBRE GROUP INC - FOR REMAINDER OF 2018, CO WILL CONTINUE TO MANAGE SERVICES BUSINESS WITHIN ITS EXISTING GEOGRAPHIC BUSINESSES.CBRE GROUP INC - WILLIAM CONCANNON WILL CONTINUE TO SERVE AS GLOBAL CEO, GLOBAL WORKPLACE SOLUTIONS.  Full Article

CBRE Group Acquires Peloton Commercial Real Estate's San Antonio Operations
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. ENHANCES TEXAS MARKET LEADERSHIP WITH ACQUISITION OF PELOTON COMMERCIAL REAL ESTATE’S SAN ANTONIO OPERATIONS.  Full Article

CBRE Enters Into Agreement To Acquire Majority Interest In Ramot Group
Wednesday, 20 Jun 2018 

June 20 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. ENTERS INTO AGREEMENT TO ACQUIRE MAJORITY INTEREST IN FACILITIES MANAGEMENT PROVIDER RAMOT GROUP IN ISRAEL.CBRE GROUP - RAMOT GROUP WILL OPERATE AS PART OF CBRE'S GLOBAL WORKPLACE SOLUTIONS BUSINESS IN ISRAEL.  Full Article

Cbre Makes Strategic Investment In Redaptive To Promote Efficiency As A Service (“Eaas”) Model
Monday, 16 Apr 2018 

April 16 (Reuters) - CBRE Group Inc ::CBRE MAKES STRATEGIC INVESTMENT IN REDAPTIVE TO PROMOTE EFFICIENCY AS A SERVICE (“EAAS”) MODEL.CBRE GROUP - MATT WERNER WILL JOIN REDAPTIVE BOARD.  Full Article

Redaptive, A Provider Of Commercial Efficiency-As-A-Service, Says Secured $20 Million Investment Round Led By Cbre
Monday, 16 Apr 2018 

April 16 (Reuters) - CBRE Group Inc ::REDAPTIVE, A PROVIDER OF COMMERCIAL EFFICIENCY-AS-A-SERVICE, SAYS SECURED $20 MILLION INVESTMENT ROUND LED BY CBRE.  Full Article

Cbre Acquires Italian Local Facilities Management Provider Geico Lender S.P.A
Monday, 18 Dec 2017 

Cbre Group Inc ::CBRE ACQUIRES ITALIAN LOCAL FACILITIES MANAGEMENT PROVIDER GEICO LENDER S.P.A.CBRE GROUP INC SAYS GEICO LENDER WAS ADVISED BY EY AS A FINANCIAL ADVISOR.  Full Article

CBRE Group Q3 adjusted earnings per share $0.64
Friday, 3 Nov 2017 

Nov 3 (Reuters) - CBRE Group Inc :CBRE Group Inc reports strong financial results for third-quarter 2017.Q3 adjusted earnings per share $0.64.Q3 revenue $3.5 billion versus I/B/E/S view $3.45 billion.Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Raises FY 2017 adjusted earnings per share view to $2.58 to $2.68.Q3 GAAP earnings per share $0.58.FY2017 earnings per share view $2.57 -- Thomson Reuters I/B/E/S.  Full Article

CBRE Group completes debt refinancing activities
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - CBRE Group Inc :CBRE Group, Inc. announces completion of debt refinancing activities.CBRE Group Inc - ‍enters new senior unsecured credit agreement which provides for a five-year $2.8 billion revolving credit facility ​.CBRE Group Inc - ‍loans under new revolver bear interest at an initial rate equal to LIBOR plus 1.0% with a facility fee of 0.15%​.CBRE Group Inc - enters ‍new senior unsecured credit agreement, which also provides a five-year $750 million delayed draw term loan facility​.CBRE Group Inc - ‍company used proceeds from initial drawings on term loan and revolver, together with cash on hand, to pay off existing term loans​.CBRE Group Inc - ‍loans under new term loan bear interest at an initial rate equal to LIBOR plus 1.15%​.  Full Article

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New York's iconic Chrysler Building put up for sale

NEW YORK The Chrysler Building, an Art Deco masterpiece that has been a defining image of New York City's skyline for decades, has been put up for sale, a minority owner of the building and a broker hired to market the property said on Wednesday. | Video