Who is cbre

Many companies want to get rid of their in-house real estate operations and other functions unrelated to their core business. Before the acquisition, CBRE focused on managing real estate for firms in telecommunications, healthcare and financial services, Sulentic said.

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Learn More. This real estate services company is a market leader with a strong track record. Real estate has long been the go-to investment for those looking to build long-term wealth for generations. Let us help you navigate this asset class by signing up for our comprehensive real estate investing guide. CBRE Group is the largest commercial real estate firm in the world and one of the oldest. Its predecessor firm was founded in San Francisco in and was a subsidiary of Sears in the s.

In , it was spun out to private investors as CB Commercial. CBRE provides a variety of services for investors, property owners, buyers, and tenants.

In addition to property sales and leasing, CBRE provides facilities, transaction, and project management; property management; investment management; strategic consulting; and more. CBRE also holds the number one global market share in leasing, property sales, outsourcing, and development and valuation services. The company has more than , employees worldwide and does business in more than countries.

The bulk of the rest comes from its Global Workplace Solutions business, which includes the company's facilities management operations and its project management business. This isn't exactly a tiny business. CBRE has a rock-solid balance sheet and actually has a net leverage ratio of zero , meaning it has just as much cash as debt. Before adding CEO to his title, Sulentic served as CBRE's president, and in , he served as chief financial officer in the midst of the global financial crisis.

By far, the most significant news item affecting any real estate stock in the past year or two has been the COVID pandemic. And different real estate companies have been affected in different ways and to different extents. At the onset of the pandemic , CBRE's business certainly felt the effects. Loan servicing income increased, as did the company's loan portfolio, as the surge in borrowing activity brought on by record-low interest rates created a bright spot in an otherwise ugly earnings release at the height of the pandemic.

The business rebounded nicely throughout the rest of In specific types of commercial real estate, here's what CBRE's market share looks like:. Another interesting development is CBRE's big push into the co-working space. Co-working has had a troubled few years, so it's interesting to see CBRE so interested in it. CBRE Group went public in June and has been an excellent long-term investment for its early shareholders. CBRE has been not only a strong investment for those who got in at the beginning but also a fairly solid investment for most people who got in along the way.

CBRE is the undisputed market leader in commercial real estate services worldwide. If you have a positive outlook on commercial real estate over the coming years and want to invest in a market leader with an excellent track record of delivering for its shareholders, CBRE deserves a spot on your watch list. Our team of analysts agrees.