With a market cap of $42.7 billion, CBRE Group, Inc. (CBRE) is the world’s largest commercial real estate services and investment firm and a leading provider of critical infrastructure services, with more than 155,000 employees serving clients across 100+ countries. The company operates through four key segments: Advisory; Building Operations & Experience; Project Management; and Real Estate Investments, offering services spanning leasing, facilities management, project management, investment management, and development.
Shares of the Dallas, Texas-based company have lagged behind the broader market over the past 52 weeks. CBRE stock has fallen 5.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.3%. In addition, shares of the company are down 8.4% on a YTD basis, compared to SPX’s 13.3% return.