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News

CBRE Adjusts Hotel Industry Forecast As 2022 Corporate Travel Budgets Come Into Focus

... still 29.3% less than 2019. As for 2022, CBRE reports that anecdotal evidence suggests that the delta variant is ... places with low operating costs and relatively fewer health restrictions, CBRE predicts. These include Dallas, Las Vegas, New Orleans, Orlando ...

Oct 12, 2021
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CBRE Fund Buys … Wait, What, A Swedish Bus Company?
News

CBRE Fund Buys … Wait, What, A Swedish Bus Company?

... needs of the world’s biggest institutional investors. CBRE Caledon Capital Management bought Karlssonbuss from the Karlsson family ... allocations to alternative investments, including real assets,” then-CBRE GI CEO Ritson Ferguson said. “Caledon’s market- ...

Jan 29, 2021
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Industrious Walnut Creek
News

CBRE Buys 35% Stake In Industrious For $200M

... firms announced Monday. The deal will make CBRE Industrious' largest shareholder. CBRE’s current flexible-space offering, Hana, will ... the real estate space. Under the agreement, two CBRE executives, Sulentic and Global Chief Investment Officer Emma ...

Feb 22, 2021
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CBRE Laying Off Just Under 200 At Corporate HQ
News

CBRE Laying Off Just Under 200 At Corporate HQ

...  Notification document filed with the state of Texas.  CBRE announced the relocation of its corporate headquarters from Los ... earlier version of this story incorrectly identified the former CBRE headquarters as the current headquarters. The story has ...

Feb 21, 2021
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CBRE Enters The AI Arms Race, Provides Platform At 20,000 Facilities
News

CBRE Enters The AI Arms Race, Provides Platform At 20,000 Facilities

“With high-quality data integrated into a single ecosystem, our clients benefit from operational and energy efficiencies while improving uptime and increasing reliability across their asset portfolios,” Saville-King said in a statement. AI-powered ...

Aug 22, 2023
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CBRE
News

CBRE Creates $400M Blank Check Company For Future Acquisitions

... to the Securities and Exchange Commission for the creation of CBRE Acquisition Holdings Inc., a special purpose acquisition company with ... the goal of raising $400M. CBRE Group President and CEO Bob Sulentic has been named ...

Nov 09, 2020
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photovoltaic
News

CBRE-Backed Altus Partners With High Street Logistics To Decarbonize 18M SF Portfolio

... , Altus Power merged in a $1.6B deal with with CBRE Acquisition Holdings, a special-purpose acquisition company, and went public ...

Jun 15, 2023
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Rob Byrne joins CBRE's industrial leasing team.
News

CBRE Hires Away Leader Of Cushman & Wakefield’s Boston Industrial Team

CBRE has brought on a new leader for its Boston-area ... . “Rob is another great addition to our exceptional Boston team,” CBRE Executive Managing Director Michael Affronti said in a statement. “His ...

May 10, 2023
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CBRE headquarters Los Angeles
News

CBRE Confirms HQ Move To Dallas, But Few Jobs Going With It

... earnings call and declined to comment beyond the statement. CBRE’s connection to Texas is well-established: The company ... taxes, entitlements, corrupt judges and government,” Ware said of CBRE’s move. Ware redeveloped JCPenney’s former Plano headquarters into ...

Oct 29, 2020
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CBRE CEO Robert Sulentic
News

CBRE Expects Its BTR Development Business To Boom This Year

... surprised. Brokerages typically don’t buy listed developers, and CBRE beat competition from some big private equity firms to acquire ... latter point refers to an announcement this week that CBRE has hired European logistics development veteran Ian Worboys to ...

Feb 25, 2021
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