Edition:
United Kingdom

CBRE Group Inc (CBRE.N)

CBRE.N on New York Stock Exchange

52.69USD
15 Jul 2019
Change (% chg)

$-0.11 (-0.21%)
Prev Close
$52.80
Open
$52.80
Day's High
$52.84
Day's Low
$52.45
Volume
275,978
Avg. Vol
440,921
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 

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 Group Q1 Adjusted Earnings Per Share $0.79
Wednesday, 8 May 2019 

CBRE Group Inc ::CBRE GROUP, INC. REPORTS STRONG REVENUE AND EARNINGS GROWTH FOR FIRST-QUARTER 2019.Q1 ADJUSTED EARNINGS PER SHARE $0.79.Q1 EARNINGS PER SHARE ESTIMATE $0.62 -- REFINITIV IBES DATA.Q1 GAAP EARNINGS PER SHARE $0.48.Q1 REVENUE $5.1 BILLION VERSUS REFINITIV IBES ESTIMATE OF $5.12 BILLION." MACRO MARKET DRIVERS AND CBRE'S INHERENT COMPETITIVE ADVANTAGES REMAIN INTACT".  Full Article

New York City'S Chrysler Building Is Up For Sale - WSJ
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - :THE OWNERS OF CHRYSLER BUILDING HAVE HIRED CBRE GROUP INC TO MARKET THE PROPERTY - WSJ.NEW YORK CITY’S CHRYSLER BUILDING IS UP FOR SALE - WSJ.  Full Article

CBRE Announces Plan To Split CFO And Chief Investment Officer Roles Into Two Senior Executive Positions
Monday, 7 Jan 2019 

Jan 7 (Reuters) - CBRE Group Inc ::CBRE ANNOUNCES PLAN TO SPLIT CHIEF FINANCIAL OFFICER AND CHIEF INVESTMENT OFFICER ROLES INTO TWO SENIOR EXECUTIVE POSITIONS.CBRE GROUP INC - JIM GROCH WILL TRANSITION TO FOCUS FULL-TIME ON CAPITAL ALLOCATION AND DEPLOYMENT.CBRE GROUP INC - GROCH WILL CONTINUE TO SERVE AS CFO UNTIL A SUCCESSOR IS TRANSITIONED INTO ROLE.CBRE GROUP INC - CBRE HAS INITIATED A SEARCH FOR ITS NEXT CFO AND HAS RETAINED KORN FERRY TO ASSIST IN THIS PROCESS.  Full Article

CBRE And Excellerate Announce Plans For Africa And Middle East Joint Venture
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - CBRE Group Inc ::CBRE AND EXCELLERATE ANNOUNCE PLANS FOR AFRICA AND MIDDLE EAST JOINT VENTURE.CBRE GROUP INC - JV WILL MERGE CBRE'S FACILITIES MANAGEMENT OPERATIONS IN AFRICA AND MIDDLE EAST WITH SEVERAL OF EXCELLERATE'S BUSINESSES.  Full Article

CBRE Group Q3 GAAP Earnings Per Share $0.85
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. REPORTS DOUBLE-DIGIT THIRD-QUARTER 2018 REVENUE AND EARNINGS GROWTH.Q3 ADJUSTED EARNINGS PER SHARE $0.79.Q3 GAAP EARNINGS PER SHARE $0.85.Q3 EARNINGS PER SHARE VIEW $0.75 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $5.3 BILLION VERSUS I/B/E/S VIEW $5.17 BILLION.ANTICIPATES FULL-YEAR 2018 ADJUSTED EPS COMING IN AT HIGH END OF ITS GUIDANCE.  Full Article

CBRE Group Says Launch Of Hana, A Service Offering Designed To Help Institutional Property Owners Meet Demand For Flexible Office Space Solutions
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - CBRE Group Inc ::CBRE GROUP SAYS LAUNCH OF HANA, A SERVICE OFFERING DESIGNED TO HELP INSTITUTIONAL PROPERTY OWNERS MEET DEMAND FOR FLEXIBLE OFFICE SPACE SOLUTIONS.CBRE GROUP INC - HANA WILL OPERATE AS A WHOLLY-OWNED SUBSIDIARY OF CBRE.  Full Article

CBRE Group Announces NYSE Ticker Symbol Change To “CBRE”
Thursday, 8 Mar 2018 

March 8 (Reuters) - Cbre Group Inc ::CBRE GROUP, INC. ANNOUNCES NYSE TICKER SYMBOL CHANGE TO “CBRE”.CBRE GROUP - TRADING UNDER NEW TICKER SYMBOL WILL BEGIN ON MARCH 19.  Full Article

CBRE Board Appoints Brandon Boze As Chair
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Cbre Group Inc ::CBRE BOARD OF DIRECTORS APPOINTS BRANDON BOZE AS BOARD CHAIR TO SUCCEED RAY WIRTA IN MAY 2018.CBRE GROUP INC - BOZE'S SUCCESSION WILL BE EFFECTIVE FOLLOWING COMPANY'S ANNUAL SHAREHOLDERS' MEETING IN MAY.  Full Article

CBRE Group Inc Posts Q4 Adjusted Earnings Per Share $0.99
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - CBRE Group Inc ::CBRE GROUP, INC. REPORTS STRONG FINANCIAL RESULTS FOR FULL-YEAR AND FOURTH-QUARTER 2017.Q4 ADJUSTED EARNINGS PER SHARE $0.99.Q4 REVENUE $4.3 BILLION.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $3.00 TO $3.15.QTRLY GAAP EARNINGS PER SHARE $0.49.  Full Article

Photo

Investors swoop on British build-to-rent sector

Property firms are turning to Britain's budding build-to-rent sector, which caters to students and city dwellers seeking affordable accommodation, as traditional home building and selling falters on weak consumer confidence.