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CBRE Group Inc (CBG)

CBG on New York Consolidated

45.95USD
23 Jan 2018
Change (% chg)

$0.22 (+0.48%)
Prev Close
$45.73
Open
$45.68
Day's High
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$45.53
Volume
1,087,247
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$46.03
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Latest Key Developments (Source: Significant Developments)

Cbre Acquires Italian Local Facilities Management Provider Geico Lender S.P.A
Monday, 18 Dec 2017 03:00am EST 

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 06:55am EDT 

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
Tuesday, 31 Oct 2017 04:15pm EDT 

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

CBRE Group Inc acquires Custom Spaces
Wednesday, 18 Oct 2017 04:15pm EDT 

Oct 19 (Reuters) - CBRE Group Inc :CBRE acquires Custom Spaces, the bay area's premier boutique real estate advisor to the tech sector.  Full Article

CBRE Group enters into definitive agreement to acquire Heery International
Thursday, 5 Oct 2017 02:08am EDT 

Oct 5 (Reuters) - CBRE Group Inc :CBRE Group, Inc. Enters into definitive agreement to acquire Heery International, Inc..Says ‍purchase price is approximately $57 million​.Says upon closing of acquisition, Heery will continue to be led by its President Theodore Sak and its COO Glenn Jardine.  Full Article

Balfour Beatty reaches agreement to sell Heery International
Thursday, 5 Oct 2017 02:00am EDT 

Oct 5 (Reuters) - Balfour Beatty Plc :BALFOUR BEATTY REACHES AGREEMENT TO SELL HEERY INTERNATIONAL.‍BALFOUR BEATTY REACHES AGREEMENT TO SELL HEERY INTERNATIONAL.‍REACHED AN AGREEMENT WITH A SUBSIDIARY OF CBRE GROUP, INC. TO SELL HEERY INTERNATIONAL​.DEAL ‍FOR A TOTAL CASH CONSIDERATION OF $57 MILLION​.  Full Article

Valueact Capital Management reports 8.5‍​ ‍​pct stake in CBRE Group as of Sept 15
Tuesday, 19 Sep 2017 04:54pm EDT 

Sept 19 (Reuters) - CBRE Group Inc :Valueact Capital Management LLC reports 8.5‍​ ‍​percent stake in CBRE Group Inc as of Sept 15 versus a stake of 10.2 percent as of May 11 - SEC filing.  Full Article

CBRE Group, Kahua enter into long-term, global agreement
Wednesday, 16 Aug 2017 08:30am EDT 

Aug 16 (Reuters) - CBRE Group Inc :CBRE Group, Inc and Kahua enter into a long-term, global agreement.As per agreement, ‍CBRE will use Kahua to manage a wide range of projects across its global client base​.As per agreement, co has made an equity investment in Kahua and will have an executive join Kahua's board of directors​.  Full Article

CBRE group Q2 adjusted earnings per share $0.65
Thursday, 27 Jul 2017 06:55am EDT 

July 27 (Reuters) - Cbre Group Inc :Cbre group, inc. Reports strong financial results for second-quarter 2017.Q2 adjusted earnings per share $0.65.Q2 revenue $3.3 billion versus i/b/e/s view $3.4 billion.Sees fy 2017 adjusted earnings per share $2.53 to $2.63.Q2 gaap earnings per share $0.58.Q2 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Cbre group inc - company expects fy fee revenue growth for its occupier outsourcing business to be 10% or slightly higher.Cbre group inc - full-year margins are now likely to be at high-end of previously guided 17.5% to 18.0% range, despite continued shift in business mix.  Full Article

‍Jérôme Le Grelle will assume role of head of retail for CBRE in France​
Thursday, 13 Jul 2017 08:00am EDT 

July 13 (Reuters) - Cbre Group Inc :Acquires convergences-CVL.‍Jérôme Le Grelle will assume role of head of retail for CBRE in France​.  Full Article

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Manhattan office leasing seen boosted by U.S. economy, tax cuts

NEW YORK A stronger U.S. economy fueled by President Donald Trump's tax cuts bodes well for the office market in Manhattan in the near term as it provides a modest boost to employment, wages and business investment, brokerage CBRE said on Monday.