CBRE #1 Real Estate Company on Fortune’s Most Admired List
Makes Global Roster for Seventh Consecutive Year
LOS ANGELES--(BUSINESS WIRE)-- CBRE Group, Inc. (NYSE:CBRE) today announced that it was the top-ranked real estate company on Fortune’s World’s Most Admired Company roster as the company made the prestigious ranking for the seventh consecutive year. Fortune defines the real estate industry broadly to include commercial real estate service providers, property owners, hotel and health care facility operators, residential firms and others.
Fortune rates companies on nine attributes related to corporate performance. CBRE led the industry in two key performance attributes – people management and global capabilities – and placed second in service quality, management quality, innovation, financial soundness, use of corporate assets and long-term investment.
CBRE has risen steadily on Fortune’s measure of corporate reputation and reached the number one position for the first time in 2019.
“Fortune provides one of the most definitive and highly regarded report cards on corporate reputation. CBRE’s steady climb to the number one ranking in our sector is a direct reflection of the excellent work our people are doing to deliver differentiated outcomes for our clients,” said Bob Sulentic, president and chief executive officer of CBRE.
Drawing from a base of some 1,500 companies, Fortune evaluated 680 companies from 30 countries in determining the Most Admired Companies. Fortune surveys board directors, executives and financial analysts to determine the rankings.
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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 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.
Source: CBRE Group, Inc.
Released January 22, 2019