CBRE Group (CBRE) is the world’s largest real estate services and investment firm by revenue. The company has leading market positions within leasing, property sales, occupier outsourcing, and valuation services. CBRE Group provides its services to real estate occupiers and investors across the globe. The company works in three segments, Advisory Services, Global Workplace Solutions, and Real Estate Investments.
Since 2010 the economy has boomed, and the real estate market has thrived. But with the COVID-19 pandemic 2020 has slowed CBRE Group’s transactions down. I believe that the current valuation is fair, and there is a possibility to have a bounce back from a V-shaped economic recovery. Nonetheless, I am not an investor right now, as I would like more of a margin of safety.
Past Financial Results
Source: SEC 10-K’s
CBRE Group has had a revenue CAGR of 17.09% over the past five years. Now I should clear