New Delhi, May 17, 2019: CBRE Group, Inc. (NYSE: CBRE) has risen to #146 on the Fortune 2019 list of the 500 largest U.S.-based public companies. The company’s position rose from 2018, when it was ranked at #207. CBRE has been ranked among Fortune’s Most Admired Companies for seventh consecutive year.
“Our continued rise on Fortune’s prestigious list is a testament to our people and their intense focus on delivering great outcomes for our clients,” said Bob Sulentic, President and Chief Executive Officer of CBRE.
On this achievement, Anshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa CBRE said “It’s a proud moment for all of us in CBRE today. The improvement of ranking in Fortune list is a testimony of our adherence to the global standards we have created and abide by. We will continue to stand up to the trust and confidence we have built with our clients and employees in India as well as the world.”
CBRE provides a broad range of commercial real estate services on a global basis. The company was responsible for more than $380 billion of property sales and lease transactions in 2018 and manages more than 6.1 billion sq. ft. of commercial properties and corporate facilities. The company also operates the largest commercial real estate development company in the U.S. (Trammell Crow Company), one of the world’s largest real estate investment management businesses (CBRE Global Investors) and a growing flexible-space solutions business (Hana).
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. CBRE was the first International Property Consultancy to set up an office in India in 1994. Since then, the operations have grown to include more than 8,000 professionals across 10 offices with a presence in over 80 cities in India. As a leading international property consultancy, CBRE provides clients with a wide range of real estate solutions, including Strategic Consulting, Valuations/Appraisals, Capital Markets, Agency Services, Asset Services and Project Management. The guiding principle at CBRE is to provide strategic solutions that make real estate holdings more productive and economically efficient for its clients across all service lines.
CBRE has been included in the Fortune 500 since 2008, ranking #207 in 2018. It has also been voted the industry’s top brand by the Lipsey Company for 17 consecutive years and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for 6 years in a row.