Though CBRE Group (CBRE) Q1 results will likely reflect benefits from improving occupier outsourcing business and acquisitions, a choppy macroeconomic environment is a concern.

CBRE Group, Inc. (NYSE:CBRE) announced that it has promoted Emma Giamartino to Executive Vice President, Corporate Development, with responsibility for leading the company’s mergers and acquisition (M&A) activities globally. Ms. Giamartino’s appointment is effective June 1, 2020.

CBRE Group, Inc. (NYSE:CBRE) today reported financial results for the first quarter ended March 31, 2020.

CBRE (CBRE) delivered earnings and revenue surprises of 7.14% and 7.27%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Those holding CBRE Group (NYSE:CBRE) shares must be pleased that the share price has rebounded 34% in the last thirty...

Hotels this year nationwide are expected to weather RevPAR declines almost three times worse than in the Great Recession.

CBRE Group, Inc. (NYSE:CBRE) will release its first quarter 2020 financial results at approximately 6:55 a.m. Eastern time on Thursday, May 7, 2020. Management will hold a conference call on that same day (Thursday, May 7, 2020) to discuss these results at 8:30 a.m. Eastern time.

CBRE Group, Inc. (NYSE:CBRE) announced today that Leah Stearns, the company’s Chief Financial Officer, will present at the Needham Virtual Technology & Media Conference on Wednesday, May 20, 2020. The presentation is scheduled for 3:15 p.m. Eastern time.

CBRE Group, Inc. (NYSE: CBRE) has risen to 128 on the 2020 Fortune 500 list of the largest U.S.-based public companies. The company’s position rose from 2019, when it was ranked at 146.

Analysts are beginning to predict the hotel industry’s recovery from the coronavirus downturn in travel, but some caution there are still too many unknown variables awaiting properties when they reopen. Marriott CEO Arne Sorenson Monday said most of the world’s hotel markets had hit their bottom performance levels and were beginning to show signs of […]

CBRE Group's (CBRE) Q1 results reflect solid performance in the Advisory Services segment, though decline in its co-investments in the public real estate securities portfolio played spoilsport.

Since the Covid-19 coronavirus pandemic swept through Houston, many tenants have struggled simply to keep their businesses afloat, let alone pay their rent on time. That has put property owners in the terrifying position of having to make loan payments at a time when little cash is coming in.

A recent surge in online shopping has led local industrial real estate brokers to anticipate an absorption boom once the virus recedes and social distancing mandates are lifted. The big question, however, is whether the anticipated uptick in demand tied to e-commerce will be enough to offset uncertainty created by record-low oil prices.

(Bloomberg Opinion) -- If working from home during the pandemic has shown anything, it’s that apartments and houses are our castles, like it or not.Hong Kong is emerging from a semi-lockdown (restaurants open, schools shut, workers everywhere on the home-office spectrum) and it’s clear that investors see refuge in housing, too. The world’s least-affordable residential prices look likely to keep floating in their own bubble, even as the coronavirus pummels the economy to its worst levels on record. Real estate in the territory is running at two speeds — a battered retail and office sector with fortunes tied to the broader economy that contracted 8.9% in the first quarter co-existing with a resilient housing market that seems impervious to the disaster around it.No commercial property transactions in the three months that opened 2020 involved a buyer from mainland China, the first time that’s happened since 2009, according to CBRE Group Inc., which tracks deals over HK$77 million ($10 million). It’s a stark contrast to a few years ago, when Chinese investors were snapping up offices and retail space for eye-popping prices. But as China moves off its virus sudden stop and Hong Kong cautiously opens up, there’s still little good news for owners of commercial real estate. Office vacancy rates for grade A properties are hitting 7.3%, not much off the 8.2% high in June 2009 during the global financial crisis. Prices are struggling, slumping to HK$23,385 per square foot in the first quarter, according to Colliers. That’s a 9.3% drop from a peak in September 2018, when mainland banks and insurers still saw Hong Kong as the primary launchpad  to expand globally. Capital controls on Chinese firms like HNA Group Co. that binged on debt to acquire assets globally, followed by the U.S.-China trade war and last year’s protests, put an end to much of that.Capital values for retail have been hit even harder than offices, down 14% to HK$33,964 per square foot from HK$39,478 at the end of last year. They’re 27% under highs of HK$46,344 per square foot in March 2014, when the city was in the midst of a tourist boom. With virus restrictions easing, there are glimmers of hope for the city's shops. Yet border controls with mainland China remain in place and the travel industry is cratering worldwide; only a brave forecaster would say that the heady days of around 65 million visitors chalked up in 2018 will soon return.Hong Kong housing, on the other hand, has kept its Teflon-like qualities. Home prices have fallen just 7.7% since last June’s peak, before the protests gained steam. Residential transaction volumes are down 9.7% since then, but up almost 50% since the year began. Home transactions should pick up again because the city still suffers from a supply shortage. Hong Kong’s target for housing in the next 10 years is for 430,000 apartments. Assuming they’re all built, that still comes to 10% less than projected demand, according to Bloomberg Intelligence analyst Patrick Wong. Citigroup analyst Ken Yeung reckoned in a note Monday that the worst is over for home prices, which could rise between 5% and 10% by the end of 2020.Pricking this bubble, even if anyone was trying, wouldn’t be easy. Take jobs. The 4.2%  first-quarter jobless rate is bound to go higher. But it will be more reflective of restaurant and hotel employees than those in finance or the middle class who are more likely to buy their dwellings. The government’s plan to dole out “helicopter money” to Hong Kongers and direct bailout funds to hard-pressed companies that keep their workers seems to be stopping mass unemployment. The real reason that Hong Kong home prices can’t seem to crash is the U.S. Federal Reserve.For all of Hong Kong’s economic ups and downs, home prices have risen a whopping 210% since the end of 2008, when the U.S. began cheapening money to cope with the global financial crisis. Because the Hong Kong currency is tied to the U.S. dollar, the city has to mirror Fed moves.Now, with Fed rates close to zero, and looking to stay that way, Hong Kong housing has an all-new allure for investors who sat on the sidelines through the trade war and protests. The one-month interbank rate, against which most mortgages are priced, is at its lowest  since April 2018, and well under the 5% of 2007. Few homeowners are stressed.  The loan-to-value ratio of mortgages is just 56%, the highest since late 2014, but hardly a picture of households scrambling to pay banks.In a world where liquidity has made prices irrational and in a market with insufficient supply, it's hard to see Hong Kong housing prices losing their fizz just because the economy tanks. At least on this investment, there’s no place like home.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Nisha Gopalan is a Bloomberg Opinion columnist covering deals and banking. She previously worked for the Wall Street Journal and Dow Jones as an editor and a reporter.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

The Zacks Analyst Blog Highlights: Cushman & Wakefield, JLL, CBRE and Goldman Sachs

(Bloomberg) -- When JPMorgan Chase & Co. was casting around for new office space in Shanghai in late 2018, executives weren’t interested in just any building. It had to be one they could stamp their name on.That was Shanghai Tower, China’s tallest skyscraper, from where the bank’s logo shines across the city’s historic Bund area. At the end of last year, it boosted its occupancy to 20,000 square meters (215,300 square feet).The move was symbolic of Wall Street’s ambition to capitalize on the opening of China’s $45 trillion financial industry.Enlarging workspace is one step in tapping the long-awaited opportunity to control local ventures or establish wholly owned entities in the world’s second-largest economy. A commitment to stay the course is offering much-needed respite for commercial property developers in financial capital Shanghai as the coronavirus threatens a sector that was already oversupplied.“Foreign financial tenants are undeterred by the outbreak. We haven’t really seen anyone winding back expansion plans like some other multinational companies,” said Fion Zhang, CBRE Group Inc.’s head of office services in eastern China. “They’re seizing the favorable policies in China, and their appetite for space is growing.”JPMorgan agreed earlier this month to buy out its local partner in a mutual fund joint venture. The bank is also seeking full ownership of its futures venture in China, Bloomberg reported in December, and has taken majority control of a local securities unit.Nomura Holdings Inc., Japan’s biggest brokerage, has nearly doubled the size of its office space to around 5,000 square meters. The firm expects local headcount to more than double by 2023 as it builds up its wealth-management business and expands into investment banking.Bank of America Corp., one of the largest full-service U.S. investment banks, expanded office space by 20% when moving into the prestigious International Finance Center in the fourth quarter, a person familiar with the matter said, declining to be named because the details are private.Such moves are a boon in a city where office vacancy rates are expected to climb to 30% this year with rents sliding 6%, according to Colliers International Group Inc. Nationwide, the portion of empty offices last year soared to levels last seen during the global financial crisis amid a supply glut and slowing economy.It’s hoped that with China’s financial markets opening further, more empty space will be absorbed. CBRE expects foreign firms’ increased control of local ventures to be one of the biggest drivers of office demand in Shanghai this year.China eased foreign ownership limits on April 1, allowing firms to run their own money management units and investment banks. Morgan Stanley, Goldman Sachs Group Inc. and Credit Suisse Group AG have all won approval to take control of their securities joint ventures in the past two months.Super TenantsFirms including JPMorgan and Mitsubishi UFJ Financial Group Inc. are already “super tenants” in Shanghai, meaning they have at least 10,000 square meters of office space, about the size of a Manhattan city block.Some international firms have been so keen to secure their desired location they’ve had their parent company sign the lease rather than wait until a locally incorporated venture is formally set up, agents say.The presence of Wall Street heavyweights, along with giant asset managers such as BlackRock Inc. and Vanguard Group Inc., will also lure smaller funds and family offices, said Dave Chiou, head of China research at Colliers. Switzerland’s EFG Bank AG, for instance, leased 120 square meters of space in Shanghai’s World Financial Center in the fourth quarter, according to people familiar with the matter.“Before, most foreign institutions acted more like passive financial investors in their Chinese joint ventures and hadn’t much sway in office decisions,” said Cary Zheng, a senior director at Savills Plc. “As they boost stakes to leading roles, they’re bringing office-upgrading proposals to the table.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to lift restrictions tied to COVID-19.

CBRE (CBRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

It is now my pleasure to introduce your host, Kristyn Farahmand, Vice President and Corporate Finance. Earlier today, we issued a press release announcing our financial results, and it is posted on the Investor Relations page of our website cbre.com, along with a presentation slide deck that you can use to follow along with our prepared remarks as well as an Excel file that contains additional supplemental materials.

The big market downturn in March has sent price earnings ratios down along with prices for stocks, indicating that good values for investors may be readily available on the market. The stock market peaked around Valentine’s Day with the S&P 500 at 3,400. The index has since entered a “bear” market going as low as […]