Highest-materiality recent filing
CBRE Group issues $750M of 5.250% Senior Notes due 2036 to repay commercial paper
$750M aggregate principal of 5.250% Senior Notes due 2036 issued.
GAAP EPS $1.07 (up 98% YoY); Core EPS $1.61 (up 81% YoY). Revenue $10.5B, +19% YoY.
CBRE Q4 Core EPS $2.73, up 18% YoY; guides 2026 Core EPS $7.30-$7.60
Q4 GAAP EPS $1.39, Core EPS $2.73; revenue $11.6B up 12% YoY.
CBRE issues $750M of 4.900% Senior Notes due 2033
Issued $750M aggregate principal amount of 4.900% Senior Notes due 2033 via underwriting agreement.
CBRE acquires Pearce Services for ~$1.2B; adds digital & power infrastructure capabilities
Initial purchase price ~$1.2B cash plus up to $115M earn-out if Pearce meets 2027 performance thresholds.
CBRE Q3 GAAP EPS up 66% to $1.21; Core EPS up 34% to $1.61; raises 2025 Core EPS outlook
GAAP EPS $1.21 (+66% YoY), Core EPS $1.61 (+34% YoY); revenue $10.3B (+14%).
CAO Lindsey Caplan will step down effective Aug 31, 2025, and leave company Dec 31, 2025, to pursue other opportunities.
CBRE Q2 2025: GAAP EPS $0.72 (+71%); Core EPS $1.19 (+47%); FY outlook raised to $6.10–$6.20
GAAP EPS $0.72, up 71% YoY; Core EPS $1.19, up 47% YoY; revenue $9.8B, up 16%.
CBRE issues $1.1B in senior notes to refinance 2026 notes and for corporate purposes
CBRE issued $600M of 4.800% notes due 2030 and $500M of 5.500% notes due 2035; closing expected May 12, 2025.
CBRE Q1 GAAP EPS $0.54 (+32% YoY), Core EPS $0.86 (+10%) on revenue $8.9B
Revenue up 12% to $8.9B; net revenue up 15% to $5.1B; Core EBITDA up 27% to $540M.
CBRE Q4 Core EPS $2.32 (+68% YoY); guides FY2025 $5.80-$6.10
Q4 GAAP EPS $1.58, Core EPS $2.32 (vs $1.38 YoY); revenue $10.4B (+16% YoY).
CBRE to acquire Industrious for ~$400M; creates new Building Operations & Experience segment
Acquires remaining ~60% of Industrious for $400M; implied enterprise value ~$800M; deal expected to close Jan 2025 and be immediately accretive to 2025 core EBITDA and FCF.
CBRE completes project mgmt/Turner & Townsend combination; Clancy joins board
CBRE now owns 70% of combined Turner & Townsend/CBRE Project Management business after completing combination.
CBRE names Gallistel and Glanzman Co-CEOs of Investment Management; Queenan moves to Trammell Crow
Adam Gallistel (from GIC) named Co-CEO & CIO, effective April 1, 2025.
CBRE expands stock repurchase authorization by $5 billion to total $9 billion
Board approved incremental $5B authorization; existing authorization had ~$1.4B remaining as of Sep 30.
Q3 Core EPS $1.20 +67% YoY; revenue $9.04B +15%; full-year guidance raised to $4.95-$5.05
GAAP EPS $0.73 +20% YoY; Core EPS $1.20 +67% YoY, second-highest Q3 core EPS in history.
CBRE Q2 revenue up 9% to $8.4B; raises Core EPS guidance to $4.70-$4.90
GAAP EPS $0.42 down 34% YoY; Core EPS $0.81 down 2%.
CBRE to combine Project Management with Turner & Townsend, will own 70% of combined entity
CBRE will own 70% of the combined Turner & Townsend/CBRE Project Management business; T&T partners own 30%.
CBRE Q1 Core EPS down 15% to $0.78; GAAP EPS up 10% to $0.41; revenue rises 7%
GAAP EPS $0.41 vs $0.37 (+10%); Core EPS $0.78 vs $0.92 (-15%); Core EBITDA $424M (-20.3%).
On January 2, 2025, the Board of Directors of the Company (the “Board”) appointed Vincent Clancy to the Board, to serve until the Company’s 2025 annual meeting of stockholders.
On July 3, 2024, the Board of Directors of the Company (the “Board”) appointed Gunjan Soni to the Board, effective July 15, 2024, to serve until the Company’s 2025 annual meeting of stockholders.
Max materiality 0.85 · Median 0.60 · Most common event debt