2014 Financial News Releases

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17/Oct/14CBRE Group, Inc. Announces Third Quarter 2014 Earnings Conference Call and Webcast
LOS ANGELES--(BUSINESS WIRE)--Oct. 17, 2014-- CBRE Group, Inc. (NYSE:CBG) will release its third quarter 2014 financial results shortly after the 4 p.m. Eastern time market close on Wednesday, October 29, 2014. Management will hold a conference call to discuss results at 5 p.m. Eastern time on that same day (Wednesday, October 29, 2014). The call will be webcast and accessible through the Investor Relations section of the Company’s Web sit... 
26/Sep/14CBRE Group, Inc. Announces Completion of $300 Million of 5.25% Senior Notes Due 2025
LOS ANGELES--(BUSINESS WIRE)--Sep. 26, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced the completion of its offering of $300 million in aggregate principal amount of 5.25% senior notes due 2025 (the “Notes”). The Notes have an interest rate of 5.25% per annum and were issued at a price equal to 100% of their face value. The Notes were issued by the Company’s wholly-owned subsidiary, CBRE Services, Inc., and are guaranteed on a full and unconditional ... 
24/Sep/14CBRE Group, Inc. to Present at JMP Securities Financial Services & Real Estate Conference
LOS ANGELES--(BUSINESS WIRE)--Sep. 24, 2014-- CBRE Group, Inc. (NYSE:CBG) announced today that Gil Borok, Deputy Chief Financial Officer & Chief Accounting Officer, will present at the JMP Securities Financial Services & Real Estate Conference on Tuesday, September 30, 2014, at the St. Regis Hotel in New York City. The presentation is scheduled for 11 a.m. Eastern time. A live audio webcast of the presentation will be accessible via the ... 
23/Sep/14CBRE Group, Inc. Announces Pricing of $300 Million of 5.25% Senior Notes Due 2025
LOS ANGELES--(BUSINESS WIRE)--Sep. 23, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced the pricing of its offering of $300 million in aggregate principal amount of 5.25% senior notes due 2025 (the “Notes”). The Notes will have an interest rate of 5.25% per annum and are being issued at a price equal to 100% of their face value. The Notes will be issued by the Company’s wholly-owned subsidiary, CBRE Services, Inc., and guaranteed on a full and uncondit... 
23/Sep/14CBRE Group, Inc. Announces Potential Offering of Senior Notes
LOS ANGELES--(BUSINESS WIRE)--Sep. 23, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it intends to offer up to $300 million in aggregate principal amount of senior notes, subject to market and other conditions (the “Notes”). The Notes are expected to be issued by the Company’s wholly-owned subsidiary, CBRE Services, Inc., and guaranteed on a full and unconditional basis by the Company and the subsidiaries that guarantee its senior secured credi... 
19/Sep/14CBRE Group, Inc. Earns Place on Dow Jones Sustainability Index
CBRE Recognized for Leadership in Responsible Business Practices LOS ANGELES--(BUSINESS WIRE)--Sep. 19, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has earned a place on the Dow Jones Sustainability Index-North America (DJSI). This prestigious index recognizes companies that are leaders in adopting responsible business practices that improve the environment and the communities in which they operate. Dow Jones tracks the ... 
10/Sep/14CBRE Group, Inc. Named Euromoney’s Leading Global Real Estate Advisor for Third Consecutive Year
CBRE Also Named Top Global Valuation Firm LOS ANGELES--(BUSINESS WIRE)--Sep. 10, 2014-- CBRE Group, Inc. (NYSE:CBG) has been named the top global real estate advisory firm in the 2014 Euromoney real estate awards. CBRE is the only firm to achieve top honors in three consecutive years, and has now earned the highest award seven times in the ten years that Euromoney has been running its real estate awards program. In addition, CBRE was h... 
02/Sep/14CBRE Group, Inc. to Present at Barclays Global Financial Services Conference
LOS ANGELES--(BUSINESS WIRE)--Sep. 2, 2014-- CBRE Group, Inc. (NYSE:CBG) announced today that Bob Sulentic, Chief Executive Officer, and Jim Groch, Chief Financial Officer, will present at the Barclays Global Financial Services Conference on Wednesday, September 10, 2014, at the Hilton Midtown in New York City. The presentation is scheduled for 7:30 am Eastern time. A live audio webcast of the presentation will be accessible via the Invest... 
04/Aug/14CBRE Group, Inc. Enhances Service Offering with Acquisition of Louisville, Kentucky-Based Affiliate Company
LOS ANGELES--(BUSINESS WIRE)--Aug. 4, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired CBRE | Louisville, a commercial real estate services firm that has served as CBRE’s affiliate in metropolitan Louisville, Kentucky and southern Indiana since 1996. CBRE | Louisville is one of the Louisville region’s leading providers of leasing, investment sales, property management and consulting services. The firm, led by Managin... 
04/Aug/14CBRE Group, Inc. Closes Acquisition of Preuss
- CBRE Expands Building Consultancy Capabilities in Germany with Addition of Project Management Specialists - LOS ANGELES--(BUSINESS WIRE)--Aug. 4, 2014-- CBRE Group, Inc. (NYSE: CBG) today announced it has closed the acquisition of Preuss Gesellschaft mbH and its subsidiaries (“Preuss”), a leading provider of project management services in Germany. Preuss focuses on the project management of new real estate developments and refurbishm... 
31/Jul/14CBRE Group, Inc. Acquires Leading Australian Project Management Firm to Strengthen its Pacific Service Offering
LOS ANGELES--(BUSINESS WIRE)--Jul. 31, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired Paragon Project Management Pty Ltd, a leading specialized project management company. The acquisition materially strengthens CBRE’s position as a leader in corporate real estate services in the Pacific Region. Paragon’s national team of 26 professionals will be integrated with CBRE’s existing Project Management division in Pacific. The c... 
29/Jul/14CBRE Group, Inc. Reports Strong Revenue and Earnings Growth for the Second Quarter of 2014
Revenue Increases 22% and Adjusted Earnings Per Share Rises 16% to $0.36 LOS ANGELES--(BUSINESS WIRE)--Jul. 29, 2014-- CBRE Group, Inc. (NYSE:CBG) today reported strong revenue and earnings growth for the second quarter ended June 30, 2014. Second-Quarter 2014 Results Revenue for the quarter totaled $2.1 billion, an increase of 22% from $1.7 billion in the second quarter of 2013. Excluding s... 
18/Jul/14CBRE Group, Inc. Announces Second Quarter 2014 Earnings Conference Call and Webcast
LOS ANGELES--(BUSINESS WIRE)--Jul. 18, 2014-- CBRE Group, Inc. (NYSE:CBG) will release its second quarter 2014 financial results shortly after the 4 p.m. Eastern time market close on Tuesday, July 29, 2014. Management will hold a conference call to discuss results at 5 p.m. Eastern time on that same day (Tuesday, July 29, 2014). The call will be webcast and accessible through the Investor Relations section of the Company’s Web site at www.... 
16/Jul/14U.S. Equities Realty, LLC Joins CBRE Group, Inc.
CBRE Enhances Market Leadership in Greater Chicago Area LOS ANGELES--(BUSINESS WIRE)--Jul. 16, 2014-- CBRE Group, Inc. (NYSE:CBG) and U.S. Equities Realty, LLC today announced that the companies will combine their Chicago area operations. The transaction brings together CBRE’s global leadership and expertise across markets and business lines with U.S. Equities Realty’s strong position in the greater Chicago area. U.S. Equities Realty l... 
15/Jul/14Asian Insurers Target Global Real Estate as Regulatory Restrictions Ease, CBRE Group, Inc. Research Finds
An Additional US$75 Billion Expected To Enter Global Real Estate Markets by 2018 Gateway Cities Including London and New York among Key Targets LOS ANGELES--(BUSINESS WIRE)--Jul. 15, 2014-- The increasing liberalization of regulatory restrictions on Asian insurance funds could lead to an additional US$75 billion entering global real estate markets by 2018, with New York and London among the key targets, according to the latest research... 
11/Jul/14CBRE Group, Inc. Enters into Definitive Agreement to Acquire Preuss
CBRE to Expand Building Consultancy Capabilities in Germany with Addition of Project Management Specialists LOS ANGELES--(BUSINESS WIRE)--Jul. 11, 2014-- CBRE Group, Inc. (NYSE: CBG) today announced that it has entered into a definitive agreement to acquire Preuss Gesellschaft mbH and its subsidiaries (“Preuss”). Preuss was founded in 2003 by Dr. Norbert Preuss and provides market-leading project management services in Germany. ... 
24/Jun/14Joint CBRE and Maastricht University Study Finds Minneapolis is Leading U.S. Market for Green Commercial Real Estate
Study Points to Significant Growth Since 2005 in Green Building Spaces in the U.S. LOS ANGELES--(BUSINESS WIRE)--Jun. 24, 2014-- Minneapolis is the U.S. city with the highest percentage of green commercial space, and green commercial real estate nationwide has increased significantly since 2005. Those are key findings of the 2014 Green Building Adoption Index, a joint project of CBRE Group, Inc. (NYSE:CBG) and Maastricht University. ... 
23/Jun/14CommonWealth REIT Retains CBRE Group, Inc. for Major National Property Management Portfolio
CBRE to Manage Nearly 43 Million Sq. Ft. in 31 Markets LOS ANGELES--(BUSINESS WIRE)--Jun. 23, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced its appointment to provide property management services for CommonWealth REIT’s (NYSE: CWH) 42.9 million-sq.-ft. property portfolio, excluding properties classified as discontinued operations. CBRE’s appointment is targeted to take effect on or around October 1, 2014, subject to CommonWealth R... 
19/Jun/14London Remains World’s Most Expensive Office Market
Three of Five Priciest Markets are in Asia Five of 10 Fastest Growing Occupancy Cost Markets are in U.S. LOS ANGELES--(BUSINESS WIRE)--Jun. 19, 2014-- London’s West End remained the world’s highest-priced office market, but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, according to CBRE Global Research and Consulting’s semi-annual Global Prime Office Occupancy Cost... 
19/Jun/14CBRE Group, Inc. Announces Upgrade of Debt Rating from Standard & Poor’s
LOS ANGELES--(BUSINESS WIRE)--Jun. 19, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that Standard & Poor’s Rating Services (S&P) has raised its rating on CBRE’s debt. CBRE’s Secured Debt has been upgraded to Investment Grade, BBB- (from BB). CBRE’s enterprise rating has been lifted to BB+ (from BB) with a positive outlook. CBRE’s Unsecured Debt rating was also increased to BB (from B+). S&P cited more conservative financial mana... 
05/Jun/14CBRE Group, Inc. To Present at the 34th Annual William Blair & Company Growth Stock Conference
LOS ANGELES--(BUSINESS WIRE)--Jun. 5, 2014-- CBRE Group, Inc. (NYSE:CBG) announced today that Jim Groch, Chief Financial Officer, and Gil Borok, Deputy Chief Financial Officer, will present at the 34th Annual William Blair & Company Growth Stock Conference on Wednesday, June 11, 2014, in Chicago, IL. The presentation is scheduled for 2:00 pm Central Time. A live audio webcast of the presentation will be accessible via the Investor Rela... 
04/Jun/14CBRE Group, Inc. Ranks #3 among All Outsourcing Firms Globally
CBRE Maintains Position as Top Commercial Real Estate Services Firm in IAOP Global Outsourcing 100© LOS ANGELES--(BUSINESS WIRE)--Jun. 4, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has been recognized as a top three outsourcing services provider in the world for 2014, and is once again the highest-ranked commercial real estate services company, according to the International Association of Outsourcing Professionals’ (IAOP) Glob... 
19/May/14CBRE Group, Inc. Announces Chairman of the Board Succession
Richard Blum Steps Down as Chairman, Continues on the Board Ray Wirta Selected as Next Chairman LOS ANGELES, Calif.--(BUSINESS WIRE)--May 19, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that Richard (Dick) Blum has stepped down as Chairman of the Board and that Ray Wirta has been selected by the Board to succeed Mr. Blum as Chairman. Mr. Wirta was Vice Chairman of the Board. The succession occurred following the annual sharehold... 
30/Apr/14CBRE Group, Inc. Reports Robust Revenue and Earnings Growth for the First Quarter of 2014
Revenue Increases by 26%, While Adjusted Earnings Per Share Rises 56% to $0.25 LOS ANGELES--(BUSINESS WIRE)--Apr. 30, 2014-- CBRE Group, Inc. (NYSE:CBG) today reported very strong revenue and earnings growth for the first quarter ended March 31, 2014. First-Quarter 2014 Results Revenue for the quarter totaled $1.9 billion, an increase of 26% (27% in local currency) from $1.5 billion in the first quarter of 2013. ... 
17/Apr/14CBRE Group, Inc. Announces First Quarter 2014 Earnings Conference Call and Webcast
LOS ANGELES--(BUSINESS WIRE)--Apr. 17, 2014-- CBRE Group, Inc. (NYSE:CBG) will release its first quarter 2014 financial results shortly after the 4 p.m. Eastern time market close on Wednesday, April 30, 2014. Management will hold a conference call to discuss results at 5 p.m. Eastern time on that same day (Wednesday, April 30, 2014). The call will be webcast and accessible through the Investor Relations section of the Company’s Web site at... 
03/Apr/14National Real Estate Investor Ranks CBRE Group, Inc. as No. 1 Commercial Real Estate Brokerage Firm for Eleventh Consecutive Year
LOS ANGELES--(BUSINESS WIRE)--Apr. 3, 2014-- National Real Estate Investor (NREI), the leading publication for professional real estate investors, has ranked CBRE Group, Inc. (NYSE:CBG) as the No. 1 commercial real estate brokerage firm for the 11th year in a row. The ranking, featured in the publication’s April 2014 issue, is based on the aggregate value of sales and leasing transactions completed globally during 2013. CBRE was responsibl... 
26/Mar/14CBRE Group, Inc. Appoints Chief Executive Officers for EMEA and Asia Pacific Regions
LOS ANGELES--(BUSINESS WIRE)--Mar. 26, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced the appointment of Martin Samworth as Chief Executive Officer of its Europe, Middle East and Africa (EMEA) region and of Daniel Queenan as Chief Executive Officer of its Asia Pacific (APAC) region. The appointments are effective immediately. Mr. Samworth previously served as Managing Director, EMEA, where he oversaw operational management of the regio... 
20/Mar/14CBRE Group, Inc. Named as a 2014 World’s Most Ethical Company by the Ethisphere Institute
Award Recognizes Leadership in Ethical Business Practices, Commitment to Sustainability and Community Service LOS ANGELES--(BUSINESS WIRE)--Mar. 20, 2014-- CBRE Group, Inc. (NYSE:CBG) has been recognized as a 2014 World’s Most Ethical Company® by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance. CBRE was honored with this award in recognition of its strong corporate ... 
20/Mar/14CBRE Leads Global Commercial Property Investment Sales Activity in 2013 for Third Consecutive Year
LOS ANGELES--(BUSINESS WIRE)--Mar. 20, 2014-- CBRE Group, Inc. (NYSE:CBG) was the top-ranked firm for commercial real estate investment sales throughout the world during 2013, according to Real Capital Analytics (RCA). CBRE has achieved the number one position in each of the three years that RCA has published global rankings. RCA credited CBRE with a 22.0% market share* across all property types in 2013 on a global basis. CBRE held the top spot i... 
17/Mar/14CBRE Group, Inc. Advises CWCapital on $2.5 Billion Mortgage Loan and Real Estate Asset Portfolio Sale
LOS ANGELES--(BUSINESS WIRE)--Mar. 17, 2014-- CBRE Group, Inc. (NYSE: CBG) today announced that its National Loan Sale Advisory Group advised CWCapital Asset Management LLC (CWCAM) on the sale of a portfolio of 62 mortgage loans and real estate assets for a combined $2.5 billion notional principal balance. The portfolio, consisting of office, retail and hospitality assets across the United States, was stratified into three pools and further ... 
05/Mar/14CBRE Group, Inc. Named Top Real Estate Brand in Lipsey Survey for 13th Consecutive Year
LOS ANGELES--(BUSINESS WIRE)--Mar. 5, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has been named the top global brand in commercial real estate by The Lipsey Company for the 13th consecutive year. Lipsey, a training and professional development firm specializing in commercial real estate, has since 2001 surveyed commercial real estate professionals on their perceptions of the industry’s leading brands. More than 100,000 U.S.... 
03/Mar/14CBRE Group, Inc. Ranked Among Fortune Magazine’s Most Admired Companies
CBRE Is the Highest-Ranked Commercial Real Estate Services and Investment Firm for the Fourth Straight Year; Climbs to Second Spot in Real Estate Industry Overall LOS ANGELES--(BUSINESS WIRE)--Mar. 3, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it was the highest-ranked commercial real estate services and investment firm in Fortune’s 2014 Most Admired Companies list. This is the fourth consecutive year that CBRE was the hig... 
03/Mar/14CBRE Group, Inc. Closes Acquisition of VALTEQ
CBRE Expands Building Consultancy Capabilities in Germany with Addition of Technical Due Diligence Specialists LOS ANGELES--(BUSINESS WIRE)--Mar. 3, 2014-- CBRE Group, Inc. (NYSE: CBG) today announced that it has closed the acquisition of VALTEQ Gesellschaft mbH and its subsidiaries (“VALTEQ”). VALTEQ is a leading technical real estate consulting firm in Germany, founded by Dr. Thomas Herr, Dr. Gabriele Lüft and Jürgen Scheins, and it speciali... 
27/Feb/14CBRE Group, Inc. Announces Reorganization of Global Finance and Corporate Development Functions
Jim Groch Named Chief Financial Officer and Global Director of Corporate Development Gil Borok Named Deputy Chief Financial Officer and Chief Accounting Officer LOS ANGELES--(BUSINESS WIRE)--Feb. 27, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced a reorganization of its Global Finance and Global Corporate Development activities. Under the new structure, Jim Groch will serve as Chief Financial Officer and Global Director of C... 
14/Feb/14CBRE Group, Inc. Renews Relationship with Bank of America Merrill Lynch, with Expanded Mandate
LOS ANGELES--(BUSINESS WIRE)--Feb. 14, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has renewed and expanded its relationship with Bank of America Merrill Lynch (BofAML) (NYSE: BAC), the global financial services firm. Under the international contract, CBRE’s Global Corporate Services (GCS) group will now provide transaction, project and facilities management, critical engineering, portfolio and consultancy services for BofAML across Europe... 
13/Feb/14CBRE Leads U.S. Investment Sales Activity in 2013 for Eighth Year in a Row
LOS ANGELES--(BUSINESS WIRE)--Feb. 13, 2014-- CBRE Group, Inc. (NYSE:CBG) was the number one firm for commercial real estate investment sales in the U.S. during 2013, according to Real Capital Analytics (RCA)—the eighth consecutive year that CBRE has claimed the top spot. RCA credited CBRE with a 17.2% market share across all property types in 2013.* CBRE’s market share was 440 basis points (bps) better than the second-place firm. ... 
05/Feb/14CBRE Group, Inc. Reports Adjusted Earnings Per Share Increases of 22% for Fourth-Quarter and 17% for Full-Year 2013
Adjusted EPS Totals $0.67 for Fourth Quarter and $1.43 for 2013 2013 Revenue Reaches New Milestone at $7.2 Billion, Up 10% (11% in Local Currency) for the Year Normalized EBITDA Surpasses $1.0 Billion for First Time LOS ANGELES--(BUSINESS WIRE)--Feb. 5, 2014-- CBRE Group, Inc. (NYSE:CBG) today reported continued strong revenue and adjusted earnings growth for the fourth quarter and year ended December 31, 2013. F... 
30/Jan/14CBRE Group, Inc. Enters into Definitive Agreement to Acquire VALTEQ
CBRE to Expand Building Consultancy Capabilities in Germany with Addition of Technical Due Diligence Specialists LOS ANGELES--(BUSINESS WIRE)--Jan. 30, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has entered into a definitive agreement to acquire VALTEQ Gesellschaft mbH and its subsidiaries (“VALTEQ”). VALTEQ, which was founded by its current owners, Dr. Thomas Herr, Dr. Gabriele Lüft and Jürgen Scheins, is a leading technical r... 
24/Jan/14CBRE Group, Inc. Announces Fourth Quarter 2013 Earnings Conference Call and Webcast
LOS ANGELES--(BUSINESS WIRE)--Jan. 24, 2014-- CBRE Group, Inc. (NYSE:CBG) will release its fourth quarter 2013 financial results shortly after the 4 p.m. Eastern time market close on Wednesday, February 5, 2014. Management will hold a conference call to discuss results at 5 p.m. Eastern time on that same day (Wednesday, February 5, 2014). The call will be webcast and accessible through the Investor Relations section of the Company’s Web si... 
21/Jan/14CBRE Group, Inc. Enhances Services Offering with Acquisition of Greenville, South Carolina-Based Affiliate
LOS ANGELES--(BUSINESS WIRE)--Jan. 21, 2014-- CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired the commercial real estate brokerage, investment property sales and property management services business of The Furman Co., Inc. and certain of its affiliates. The brokerage, investment property sales and property management business – which is based in Greenville, South Carolina – has served as CBRE’s affiliate in Upstate South Carolina and ha...