$CBG (CBRE Group, Inc.)

$CBG {{ '2015-12-01T14:41:04+0000' | timeago}} • SEC

$CBG's cost of services for 3Q15 increased by 24.1% from last year, primarily due to higher costs associated with global property and facilities management businesses, particularly due to GWS Acquisition. As a percentage of revenue, cost of services grew to 65.4% from 62.8%, largely due to GWS Acquisition.

$CBG {{ '2017-11-17T13:18:31+0000' | timeago}} • Announcement

$CBG appointed Sanjiv Yajnik to its BoD. Since 2009, Yajnik has served as President of Capital One Financial Services, a Division of Capital One. Yajnik is also President and Director of Capital One National Association, one of Capital One's two national bank subsidiaries, and serves on Capital One's Executive Committee.

$CBG {{ '2017-11-15T15:32:38+0000' | timeago}} • Announcement

$CBG acquired a 50% interest in Streetsense, a privately-held strategy and design company. As part of the strategic investment in Streetsense, $CBG has acquired Streetsense’s retail brokerage operation, which serves clients in the greater Washington, D.C.market.

$CBG {{ '2017-11-03T13:13:13+0000' | timeago}} • Announcement

$CBG continues to see healthy momentum across most of its businesses and regions and has increased its full-year 2017 guidance for adjusted EPS to a range of $2.58-2.68.

$CBG {{ '2017-11-03T13:12:54+0000' | timeago}} • Announcement

$CBG reported an 88% increase in 3Q17 earnings. Net income was $196MM or $0.58 per share compared to $104MM or $0.31 per share in 3Q16. Diluted EPS grew 87% during 3Q17. Adjusted net income was $219.5MM or $0.64 per share in 3Q17. Revenue grew 11% to $3.5Bil versus last year.

$CBG {{ '2017-11-03T12:50:21+0000' | timeago}} • Infographic

$CBG CBRE Group Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$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.

Recent Transcripts

ARMK (Aramark)
Tuesday, November 14 2017 - 3:00pm
ACM (AECOM)
Monday, November 13 2017 - 5:00pm
MMI (Marcus & Millichap, Inc.)
Tuesday, November 7 2017 - 10:00pm
JLL (Jones Lang LaSalle Incorporated)
Monday, November 6 2017 - 2:00pm
KW (Kennedy-Wilson Holdings, Inc.)
Friday, November 3 2017 - 2:00pm
CBG (CBRE Group, Inc.)
Friday, November 3 2017 - 12:30pm
RLGY (Realogy Holdings Corp.)
Friday, November 3 2017 - 12:30pm
FLR (Fluor Corporation)
Thursday, November 2 2017 - 9:30pm
LADR (Ladder Capital Corp)
Thursday, November 2 2017 - 9:00pm
ARCC (Ares Capital Corporation)
Thursday, November 2 2017 - 4:00pm
VAC (Marriott Vacations Worldwide Corp.)
Thursday, November 2 2017 - 2:00pm
GOOD (Gladstone Commercial Corp.)
Wednesday, November 1 2017 - 12:30pm
CIGI (Colliers International Group Inc.)
Tuesday, October 31 2017 - 3:00pm
RE (Everest Re Group Ltd.)
Tuesday, October 31 2017 - 2:30pm
WRE (Washington Real Estate Investment Trust)
Friday, October 27 2017 - 3:00pm
IBN (ICICI Bank Ltd.)
Friday, October 27 2017 - 1:00pm
WPG (WP GLIMCHER Inc.)
Thursday, October 26 2017 - 3:00pm
EME (EMCOR Group Inc.)
Thursday, October 26 2017 - 2:30pm
BGCP (BGC Partners, Inc.)
Thursday, October 26 2017 - 2:00pm
KKR (KKR & Co LP)
Thursday, October 26 2017 - 2:00pm

AlphaGraphics you may like