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The latest update is out from CBRE Group ( (CBRE) ).
On January 14, 2025, CBRE Group announced a definitive agreement to acquire Industrious National Management Company, a leader in flexible office solutions. This strategic acquisition involves creating a new business segment, Building Operations & Experience (BOE), which will integrate CBRE’s existing facilities and property management services with Industrious’ offerings. The move is expected to enhance CBRE’s market position by delivering scalable, innovative building operations solutions globally. Additionally, changes in leadership roles were announced, with key executives stepping into new positions to drive growth and strategic alignment, reflecting CBRE’s commitment to evolving its business structure and leadership to capitalize on industry trends and opportunities.
More about CBRE Group
CBRE Group, Inc. (NYSE: CBRE), headquartered in Dallas, is the world’s largest commercial real estate services and investment firm based on 2023 revenue, with more than 130,000 employees in over 100 countries. The company provides an integrated suite of services including facilities, transaction and project management, property management, investment management, appraisal and valuation, property leasing, strategic consulting, property sales, mortgage services, and development services.
YTD Price Performance: -4.88%
Average Trading Volume: 1,960,455
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $37.85B
Find detailed analytics on CBRE stock on TipRanks’ Stock Analysis page.
