---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-426827"
form_type: "8-K"
ticker: "CBRE"
cik: "0001138118"
company_name: "CBRE GROUP, INC."
filed_at: "2026-10-20T21:04:25+00:00"
generated_at: "2026-10-20T21:06:02.634722+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CBRE to acquire Onnec for £460M cash plus up to £300M earnout, expanding data center services

## Summary
- Initial purchase price £460M (~$610M) in cash, plus multi-year earnout of up to £300M (~$400M) tied to Onnec growth thresholds.
- Onnec expected to post ~£370M ($498M) revenue and >£50M ($67M) core EBITDA in 2027; deal immediately accretive to CBRE core EPS.
- London-based Onnec (founded 1986, ~800 employees) designs, deploys and maintains network, fiber and data center infrastructure for hyperscalers in UK, Europe and APAC.
- CBRE sees its Critical Infrastructure Services line at nearly $4.5B of 2027 revenue, lifting total infrastructure services revenue to almost $7.0B.
- Subject to customary regulatory approvals; closing expected around the end of the year. J.P. Morgan advised CBRE, Goldman Sachs advised Onnec.

## SEC filing metadata
- accession: 0001193125-26-426827
- form_type: 8-K
- ticker: CBRE
- cik: 0001138118
- company_name: CBRE GROUP, INC.
- filed_at: 2026-10-20T21:04:25+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/0001193125-26-426827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138118/000119312526426827/cbre-20261020.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-426827
- JSON: https://secwatch.observer/filing/0001193125-26-426827.json
- Plain text: https://secwatch.observer/filing/0001193125-26-426827.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.