July 25, 2017 11:43 AM ET

Real Estate Management and Development

Company Overview of CBRE Group, Inc.

Company Overview

CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. It operates through Americas; Europe, Middle East and Africa; Asia Pacific; Global Investment Management; and Development Services segments. The company offers strategic advice and execution to owners, investors, and occupiers of real estate in connection with leasing; integrated property sales, and mortgage and structured financing services under the CBRE Capital Markets brand; and valuation services that include market value appraisals, litigation support, discounted cash flow analyses, and feasibility studies, as well as consulting services, such as property condition reports, hotel advisory, ...

400 South Hope Street

25th Floor

Los Angeles, CA 90071

United States

Founded in 1906

75,000 Employees

Phone:

213-613-3333

Key Executives for CBRE Group, Inc.

Chief Executive Officer, President and Director
Age: 61
Total Annual Compensation: $1.5M
Chief Financial Officer and Global Director of Corporate Development
Age: 55
Total Annual Compensation: $1.1M
Chief Executive Officer of CBRE Global Investors
Age: 58
Total Annual Compensation: $1.6M
Chief Executive Officer of Global Workplace Solutions
Age: 61
Total Annual Compensation: $975.0K
Global Group President of Lines of Business & Client Care
Age: 56
Total Annual Compensation: $1.1M
Compensation as of Fiscal Year 2016.

CBRE Group, Inc. Key Developments

CBRE Group, Inc. Appoints Beth F. Cobert to its Board of Directors

CBRE Group, Inc. announced that Beth F. Cobert has been elected to the company’s Board of Directors. Ms. 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 & Company, where she advised companies in a wide range of industries on strategic, operational and organizational issues. In April 2017, Ms. Cobert was named Chief Executive Officer of Skillful, an initiative of the Markle Foundation.

CBRE Announces Executive Changes

Phil Cann has been appointed as UK head of investment properties at CBRE. Cann has led company's 160-strong retail team since 2013. He will be succeeded by Rhodri Davies, current head of the UK retail investment team. Since joining CBRE in 2005, Cann has advised on a series of high-profile retail investment transactions. Cann will continue to specialise in retail property investment with a particular focus on central London.

CBRE Group, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

CBRE Group, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company's revenue was $2,981,204,000 compared to $2,846,734,000 a year ago. Operating income was $195,242,000 compared to $107,580,000 a year ago. Income before provision for income taxes was $182,776,000 compared to $134,765,000 a year ago. Net income attributable to the company was $129,597,000 compared to $82,167,000 a year ago. Basic and diluted income per share attributable to the company was $0.38 compared to diluted income per share attributable to the company of $0.24 a year ago. EBITDA was $306,506,000 compared to $252,617,000 a year ago. Adjusted EBITDA was $303,208,000 compared to $282,683,000 a year ago. Net income attributable to the company shareholders, as adjusted was $144,841,000 or $0.43 per diluted share compared to $120,845,000 or $0.36 per diluted share a year ago.

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