About CBRE Group Inc

CBRE Group, Inc. (CBRE) operates as a commercial real estate services and investment company worldwide. The company serves clients in more than 100 countries. The company is a global market leader in most lines of business it serves and drives significant growth from bundling these services. These capabilities, combined with the company’s extensive research and data platform, allow it to generate superior outcomes for its clients, which include nearly 90% of Fortune 100 companies in 2023, and many of the world’s largest institutional real estate investors. The company focuses on cementing its leadership position in each of its businesses with a strategy that achieves diversification and growth across four dimensions: geographies, clients, property types and services. The company is deploying its resources and capital across these four dimensions in parts of its business that have secular tailwinds and/or provide cyclical resilience. The company’s recent investments in the global project management firm, Turner & Townsend, and the flexible office platform, Industrious, as well as increased focus on geographies that are well positioned for growth, such as Japan and asset classes, such as industrial and multi-family. As a result, the company has built a large and more resilient services offering. The company’s platform – the resources and infrastructure that support its professionals and underpin its growth, such as research, marketing, data and technology –provide it access to top talent and compelling growth opportunities. Business Segments The company serves clients through three business segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments. Advisory Services Advisory Services provides a comprehensive range of services globally, including property leasing; capital markets, which includes property sales and mortgage origination; mortgage servicing; property management and valuation. With a global network of experts that have a deep understanding of their local markets, the company offers comprehensive insights and solutions across a wide range of real estate assets. The company’s client base consists of large occupiers and investors who contract for its services across multi-market portfolios, as well as local market clients that it serves on a one-off basis. The company is a leader in each of its five primary business lines globally (property leasing, capital markets, mortgage servicing, property management and valuation) and in most key local markets across the world. The company focuses on serving clients end-to-end through the intentional bundling of its various services. For example, as its investor clients seek to optimize the value and performance of their assets across the real estate lifecycle, the company often brings together expertise from property sales, mortgage originations, leasing, valuations and property management. In contrast, the company’s loan servicing, property management and valuations businesses, while a smaller part of its revenue mix, have proven to be more resilient than property sales, mortgage originations and leasing through periods of economic slowdown. Global Workplace Solutions Global Workplace Solutions (GWS) is the leading global provider of integrated facilities management and project management solutions for major occupiers of commercial real estate. The company serves, typically through multi-year contracts, large global corporations, including many Fortune 500 firms through its GWS Enterprise business, as well as smaller occupiers with more localized portfolios through its GWS Local business. With facilities management experts in more than 100 countries, the company performs mission-critical technical services and maintenance in more locations worldwide than any other provider. This allows the company to deliver tailored property solutions at both a local and global level, while increasing quality and experience. The company provides these services across virtually all asset types including offices, retail outlets, laboratories, data centers, manufacturing environments, warehouses and mission-critical facilities. The company is investing in superior talent and processes that deliver account excellence; capabilities to perform a wide range of technical services in-house that increase its clients’ real estate operational efficiency and reliability; proprietary technology and data solutions that allow it to amass data at scale and deliver actionable insights to clients for managing complex challenges; and ongoing acquisition activity, including larger companies, such as Norland Managed Services, which marked its entry into the local facilities management space, and the Johnson Controls Global Workplace Solutions business, which substantially scaled its core enterprise facilities management business, as well as numerous in-fill transactions. The company’s project management business, which encompasses CBRE’s wholly-owned services and those delivered by its majority-owned subsidiary Turner & Townsend, delivers program management, project management, and cost consultancy services across commercial real estate, infrastructure and natural resources sectors. With its combined capabilities, the company is a leading global, full-service building consulting, program, project and cost management provider, completing nearly 65,000 projects/programs and managing nearly $2.9 trillion in capital spend annually. The company manages a wide range of programs and projects from small repairs/refurbishments in corporate facilities to massive infrastructure projects, such as airports and power stations. The company also increasingly serves clients for net-zero program management and energy and sustainability solutions. The company’s scale, highly diverse capabilities and technology investments in this business allow it to solve its clients’ and industry’s biggest challenges in managing capital projects around the world. Real Estate Investments Real Estate Investments (REI) is a large real assets developer, investor and operator. This segment consists of two businesses: investment management and real estate development. CBRE Investment Management (IM) is one of the leading investment platforms in global real assets. The growth opportunity in this business is enhanced by investors’ growing appetite for investment alternatives, including real estate, that diversify their holdings and offer the potential for higher returns compared to traditional investment strategies. IM invests capital on behalf of pension funds, insurance companies, sovereign wealth funds, and other institutional investors in real estate, infrastructure, master limited partnerships and other assets. The company often holds a co-investment in many of its investment funds and programs. The company’s primary investment categories include private direct real estate, private indirect real estate through third-party operators, listed real assets and private infrastructure. The company’s real estate development business – Trammell Crow Company (TCC) in the U.S., U.K., and Continental Europe, and Telford Homes in the U.K. multifamily residential market – provides leading-edge development services to real estate investors, owners and occupiers. TCC has been the largest commercial developer in the U.S. for the last ten years and has a track record of developing best-in-class buildings across multiple property sectors in top-tier markets across the U.S. and Europe. The company’s portfolio represents a diversified mix of projects that it either owns 100% or participate economically via co-investment with strategic capital partners as well as fee-based developments, such as built-to-suit projects. Intellectual Property The company holds various trademarks and trade names worldwide, including the CBRE, Turner & Townsend and Telford marks. The CBRE and Trammell Crow Company marks are vitally important in maintaining the company’s leadership position. The company holds a license to use the Trammell Crow Company trade name pursuant to a license agreement with CF98, L.P., an affiliate of Crow Realty Investors, L.P., doing business as Crow Holdings. History CBRE Group, Inc. was founded in 1906.