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 companyon 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.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190122005876/en/
Robert McGrath
212.984.8267
robert.mcgrath@cbre.com
Source: CBRE Group, Inc.