{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-166331","form_type":"8-K","ticker":"CBRE","cik":"0001138118","company_name":"CBRE GROUP, INC.","filed_at":"2024-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.427815+00:00","generated_at":"2026-06-01T02:23:33.478358+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CBRE to combine Project Management with Turner & Townsend, will own 70% of combined entity","bullets":["CBRE will own 70% of the combined Turner & Townsend/CBRE Project Management business; T&T partners own 30%.","Combined net revenue ~$3B in 2023, with ~15% net profit margin and double-digit revenue growth since 2021.","Expected incremental run-rate core EPS of ~$0.15 by end of 2027 from synergies; cost of transaction ~$70M.","Transaction expected to close around year-end 2024, subject to regulatory approvals and Works Council consultations.","Beginning in 2025, CBRE will report Project Management results as a separate segment; Vince Clancy to lead and join CBRE Board."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-166331","json":"https://secwatch.observer/filing/0001193125-24-166331.json","markdown":"https://secwatch.observer/filing/0001193125-24-166331.md","text":"https://secwatch.observer/filing/0001193125-24-166331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138118/000119312524166331/0001193125-24-166331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138118/000119312524166331/d853985d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:23:33.478358+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}