Edition:
United States

CBRE Group Inc (CBRE.N)

CBRE.N on New York Stock Exchange

52.00USD
17 Jul 2019
Change (% chg)

$-0.56 (-1.07%)
Prev Close
$52.56
Open
$52.57
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$52.75
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$51.87
Volume
332,612
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437,465
52-wk High
$53.14
52-wk Low
$37.45

Latest Key Developments (Source: Significant Developments)

CBRE To Buy Telford Homes For 350P/Share
Wednesday, 3 Jul 2019 02:00am EDT 

July 3 (Reuters) - CBRE Ltd::OFFER FOR TELFORD HOMES PLC.UNDER TERMS OF ACQUISITION, SCHEME SHAREHOLDERS SHALL BE ENTITLED TO RECEIVE: FOR EACH SCHEME SHARE: 350 PENCE IN CASH.DEAL VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF TELFORD HOMES AT APPROXIMATELY £267.4 MILLION ON A FULLY DILUTED BASIS.TELFORD HOMES DIRECTORS CONSIDER TERMS OF ACQUISITION TO BE FAIR AND REASONABLE.DEAL PRICE IS FINAL, WILL NOT BE INCREASED, EXCEPT IF THERE IS ANNOUNCEMENT OF OFFER/POSSIBLE OFFER FOR TELFORD HOMES BY A THIRD PARTY.  Full Article

CBRE Appoints Leah Stearns As Chief Financial Officer
Monday, 15 Apr 2019 08:15am EDT 

April 15 (Reuters) - CBRE Group Inc ::CBRE APPOINTS LEAH C. STEARNS AS CHIEF FINANCIAL OFFICER.CBRE GROUP INC - STEARNS ASSUMES HER NEW ROLE ON MAY 15.CBRE GROUP INC - STEARNS WAS PREVIOUSLY CFO FOR AMERICAN TOWER CORPORATION'S U.S. DIVISION.  Full Article

CBRE Group Sees FY 2019 Adjusted Earnings Per Share $3.50 To $3.70
Thursday, 7 Mar 2019 08:00am EST 

March 7 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. ANNOUNCES 2019 EARNINGS EXPECTATIONS.SEES FY 2019 ADJUSTED EARNINGS PER SHARE $3.50 TO $3.70.AT MIDPOINT OF ADJUSTED. EARNINGS PER SHARE GUIDANCE RANGE FOR FY 2019, ADJUSTED. EARNINGS PER SHARE OF $3.60 WOULD REPRESENT GROWTH OF ABOUT 10% OVER 2018.  Full Article

Cbre Group - On March 4, Co, Unit, Entered Incremental Assumption Agreement With Respect To Certain Credit Agreement, Dated Oct 31, 2017
Tuesday, 5 Mar 2019 05:19pm EST 

March 5 (Reuters) - CBRE Group Inc ::CBRE GROUP - ON MARCH 4, CO, UNIT, ENTERED INCREMENTAL ASSUMPTION AGREEMENT WITH RESPECT TO CERTAIN CREDIT AGREEMENT, DATED OCT 31, 2017.CBRE GROUP INC - ASSUMPTION AGREEMENT PROVIDES FOR $300 MILLION U.S. DOLLAR DENOMINATED TRANCHE A TERM LOAN FACILITY.CBRE GROUP INC - ASSUMPTION AGREEMENT PROVIDES FOR REVOLVING CREDIT FACILITY OF UP TO $2.8 BILLION.CBRE GROUP - PRINCIPAL AMOUNT OF REVOLVING CREDIT LOANS, SWINGLINE LOANS OUTSTANDING UNDER REVOLVING CREDIT FACILITY DUE AT MATURITY ON MARCH 4, 2024.  Full Article

CBRE Group Inc Reports Results For Full-Year And Fourth-Quarter 2018
Wednesday, 13 Feb 2019 06:55am EST 

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 11:25am EST 

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 08:00am EDT 

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 08:45am EDT 

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 05:37am EDT 

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 07:15am EDT 

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

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Hong Kong office transactions, leasing drop in second quarter: property consultancy

HONG KONG Hong Kong's commercial property investment and office leasing activities both weakened during the second quarter, hurt by the ongoing U.S.-China trade conflict, real estate consultancy CBRE said on Tuesday.