CBRE Approves $5B Stock Buyback, Says Stock Undervalued Despite 40% Rally
The brokerage's executives expect transaction volume to improve in 2025 and believe the stock's current value doesn't reflect long-term growth prospects.
The brokerage's executives expect transaction volume to improve in 2025 and believe the stock's current value doesn't reflect long-term growth prospects.
Russell Ingrum joins Cushman & Wakefield as the company looks to expand in Texas.
Leaders of the $146B asset management arm said investors are going from defense to offense.
Lucian Bukowski is suing CBRE to compel arbitration in hopes of accessing his client files after being filed, according to the lawsuit.
Scott Schnuckel is joining the team as managing director of retail and will be focusing on growth strategy.
The global brokerage saw 12% revenue growth year-over-year, with CEO Bob Sulentic describing the quarter as the firm's best ever for core earnings.
Social networks of brokers and property managers are important to CRE vendors. CBRE recognized this and hosted a vendor fair, with proceeds going to charity.
The Trump administration's tariffs are expected to raise construction costs, which could bring projects to a halt.
CBRE grew revenue by 12% in the fourth quarter and said AI will cut research costs by 25%, but its stock continues to fall amid a brokerage sell-off.
Christopher Fudacz is joining BBG Real Estate Services after more than a decade at CBRE, where he most recently led operations for U.S. data center valuations.
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