CBRE Group, Inc. Rises to #128 on the Fortune 500
LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE: CBRE) has risen to #128 on the 2020 Fortune 500 list of the largest U.S.-based public companies. The company’s position rose from 2019, when it was ranked at #146.
“CBRE’s continued growth reflects our people’s deep commitment to delivering great outcomes for our clients,” said Bob Sulentic, the company’s president and chief executive officer. “Their dedicated service has never been more critically important than right now, as together we help our clients, colleagues and communities navigate the formidable challenges created by COVID-19.”
CBRE provides a broad range of commercial real estate services on a global basis. The company was responsible for more than $432 billion of property sales and lease transactions in 2019 and manages more than 6.8 billion sq. ft. of commercial properties and corporate facilities. The company also operates one of the world’s largest real assets investment management businesses (CBRE Global Investors), the largest commercial real estate development company in the U.S. (Trammell Crow Company), one of the largest residential developers in London (Telford Homes) and an enterprise flexible workspace solutions business (Hana).
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange filings and public conference calls and webcasts.
Source: CBRE Group, Inc.
Released May 18, 2020