$CBG (CBRE Group, Inc.)

$CBG {{ '2016-02-03T13:49:17+0000' | timeago}} • Webcast

$CBG said fee revenue increased 17% in the Americas in 4Q15. In EMEA, fee revenue improved 36% with healthy gains particularly in Germany, the Netherlands, Spain, Switzerland and UK. In Asia-Pacific, fee revenue rose 27% with Australia, Greater China and India showing growth.

$CBG {{ '2017-10-19T11:55:27+0000' | timeago}} • Announcement

$CBG announced the acquisition of Custom Spaces, a San Francisco-based boutique real estate brokerage firm. Jenny Haeg, founder and CEO of Custom Spaces, will join $CBG as a Vice Chairman within its Advisory & Transaction Services business and will have a leadership role with $CBG’s global Technology Practice.

$CBG {{ '2017-10-05T11:52:56+0000' | timeago}} • Announcement

$CBG, a leading real estate investment firm, has agreed to acquire Heery International, a unit of infrastructure services company Balfour Beatty. The purchase price is $57MM. On completion of the transaction, which is expected in the fourth quarter, Heery will continue to be led by President Theodore Sak and COO Glenn Jardine.

$CBG {{ '2017-08-16T13:03:34+0000' | timeago}} • Announcement

$CBG and Kahua entered into a global, strategic agreement whereby $CBG will use Kahua to manage a wide range of projects across its global client base. $CBG has made an equity investment in Kahua and will have an executive join Kahua's BoD.

$CBG {{ '2017-08-09T18:27:13+0000' | timeago}} • Announcement

$CBG announced that it has completed the acquisition of a majority stake in Caledon Capital Management, a Toronto-based investment management business unit. Caledon will now operate as CBRE Caledon Capital Management Inc, a separate business unit within $CBG’s subsidiary, CBRE Global Investors. CBRE Caledon manages approx. $7Bil of assets.

$CBG {{ '2017-07-13T12:45:47+0000' | timeago}} • Announcement

$CBG acquired the business of Convergences-CVL, a full service retail property consultancy based in Paris, France. Jerome Le Grelle will assume the role of Head of Retail for $CBG in France.

$CBG {{ '2017-06-09T13:41:50+0000' | timeago}} • Announcement

$CBG has entered into a definitive agreement to acquire a majority interest in Toronto-based Caledon Capital Management. After completion of the deal, Caledon will be renamed CBRE Caledon Capital Management and will operate as a separate unit under CBRE Group subsidiary CBRE Global Investors. The deal is expected to close later this year.

$CBG {{ '2017-05-22T13:25:43+0000' | timeago}} • Announcement

$CBG elected Beth Cobert to its BoD. Cobert is an accomplished executive with more than 30 years of experience in the private and public sectors. She is a former Senior Partner at McKinsey & Co.

$CBG {{ '2017-05-15T20:35:45+0000' | timeago}} • Announcement

$CBG has acquired the business of Brenner Real Estate Group, a full-service commercial real estate services firm in South Florida. The acquisition bolsters $CBG's capabilities in South Florida. Terms of the transaction were not disclosed.

$CBG {{ '2017-05-01T12:42:36+0000' | timeago}} • Announcement

$CBG  acquired Aurora Projects, a project advisory and management company in Australia. The acquisition significantly strengthens $CBG's position as a leader in corporate real estate services in the Pacific (Australia and New Zealand) region.

$CBG {{ '2017-04-18T13:30:57+0000' | timeago}} • Announcement

$CBG acquired the business of Mainstream Software, a technology company that provides mobile and software-as-a-service (SaaS) technology solutions for facilities management operations.

$CBG {{ '2017-04-10T14:25:00+0000' | timeago}} • Announcement

$CBG appointed Brad Burke as Head of Investor Relations, effective June 8, 2017. Burke will join $CBG from $GS, where he has worked as an equity research analyst since 2013 and led research coverage of 17 commercial real estate companies, including $CBG.

$PLD {{ '2017-02-24T13:58:13+0000' | timeago}} • Announcement

Logistics real estate company $PLD and CBRE Global Investment Partners, a division of $CBG's affiliate CBRE Global Investors, formed a development venture in the U.K. The venture, called Prologis UK Logistics Venture, will be structured as a 15/85 JV with 15% owned by $PLD and 85% by clients of CBRE Global Investment, with about $1.26Bil value.

$CBG {{ '2017-02-13T14:16:18+0000' | timeago}} • Announcement

$CBG acquired the business of Capstone Financial Solutions LLC, a boutique commercial real estate finance and consulting firm in the U.S. Financial details of the deal were not disclosed.

$CBG {{ '2017-02-10T14:36:32+0000' | timeago}} • Webcast

$CBG expects its capital markets business, property sales and mortgage services to increase revenue at a low to mid single digit rate and leasing revenue to grow at a mid single digit range in 2017. The company also expects the occupier outsourcing business to achieve approx. 10% fee revenue growth in local currency in 2017.

$CBG {{ '2017-02-10T14:20:59+0000' | timeago}} • Webcast

$CBG stated that it has no debt repayments until 2019 and ended 2016 with more than $3.5Bil of available liquidity, including about $700MM of cash and $2.8Bil of undrawn capacity on the company's revolver credit facility. Global leasing revenue rose 6% and Asia-Pac posted double digit growth with revenue gains in nearly all countries.

$CBG {{ '2017-02-10T13:52:04+0000' | timeago}} • Webcast

$CBG said the company is taking a prudent approach to recruiting and M&A activity. For 2016, the company added hundreds of producers globally, net of departures, and invested in four infill acquisitions.

$CBG {{ '2017-02-10T12:27:01+0000' | timeago}} • Announcement

The Americas, $CBG’s largest business segment, posted a revenue increase of 6% in 4Q16 compared to a year ago quarter. Asia Pacific region's revenue grew 22%. EMEA revenue fell 3% when converted to U.S. dollars. In United Kingdom, revenue grew by 8% in local currency in the recently ended quarter.

$CBG {{ '2017-02-10T12:22:43+0000' | timeago}} • Announcement

For 2017, $CBG expects adjusted EPS to be $2.35-2.45. The company anticipates growth to be restricted by $0.06 per share headwind from adverse foreign currency movement. CEO Bob Sulentic said, “CBRE enters 2017 in a great position following very strong performance in 2016.”

$CBG {{ '2017-02-10T12:17:35+0000' | timeago}} • Announcement

$CBG reported a 47% increase in 4Q16 earnings, helped by higher revenues. Net income totaled $264MM or $0.78 per share compared to $180MM or $0.53 per share in the prior year quarter. Revenue rose 3% to $3.8Bil and fee revenue rose 4% to $2.7Bil. Adjusted EPS increased 15% to $0.93 in the recently ended quarter.

$CBG {{ '2017-01-04T11:59:06+0000' | timeago}} • Announcement

$CBG acquired Floored Inc., a producer of SaaS (Software as a Service) solutions, including scalable, interactive 3D graphics technology. Floored gives $CBG's professionals and clients access to advanced technology, and significantly rises capabilities to develop technology innovations that enhance marketing and leasing of commercial properties.

Recent Transcripts

BAC (Bank of America Corporation)
Friday, October 13 2017 - 12:30pm
C (Citigroup Inc.)
Thursday, October 12 2017 - 2:00pm
JPM (JPMorgan Chase & Co.)
Thursday, October 12 2017 - 12:30pm
ABM (ABM Industries Incorporated)
Thursday, September 7 2017 - 12:30pm
LEJU (Leju Holdings Limited)
Thursday, August 31 2017 - 11:00am
Thursday, August 10 2017 - 7:00am
MMI (Marcus & Millichap, Inc.)
Tuesday, August 8 2017 - 9:00pm
Tuesday, August 8 2017 - 4:00pm
ARMK (Aramark)
Tuesday, August 8 2017 - 2:00pm
KW (Kennedy-Wilson Holdings, Inc.)
Friday, August 4 2017 - 2:00pm
RMAX (RE/MAX Holdings, Inc.)
Friday, August 4 2017 - 12:30pm
FLR (Fluor Corporation)
Thursday, August 3 2017 - 9:30pm
VAC (Marriott Vacations Worldwide Corp.)
Thursday, August 3 2017 - 2:00pm
RLGY (Realogy Holdings Corp.)
Thursday, August 3 2017 - 12:30pm
ICE (Intercontinental Exchange, Inc.)
Thursday, August 3 2017 - 12:30pm
CIGI (Colliers International Group Inc.)
Tuesday, August 1 2017 - 3:00pm
GOOD (Gladstone Commercial Corp.)
Tuesday, August 1 2017 - 12:30pm
WRE (Washington Real Estate Investment Trust)
Friday, July 28 2017 - 3:00pm
Thursday, July 27 2017 - 3:00pm
EME (EMCOR Group Inc.)
Thursday, July 27 2017 - 2:30pm

AlphaGraphics you may like