Los Angeles – March 20, 2012 –
CBRE Group, Inc. today announced that it has won the 2012 Large Cap Public Company Growth Award from the Association for Corporate Growth (ACG) of Los Angeles. The award recognizes Los Angeles-based companies with a market capitalization greater than $1 billion that have exhibited consistent, sustainable and profitable growth while demonstrating outstanding performance and leadership in their industries.
The ACG credited CBRE with strong financial performance in 2011 in spite of subpar economic growth and challenging capital market conditions worldwide.
“The Los Angeles area is home to premier companies across many industries. We are honored to be recognized for exceptional performance when measured against these elite companies,” said Brett White, CBRE Chief Executive Officer. “We thank the ACG for this honor and salute our professionals, whose unwavering dedication to putting our clients first has enabled our success for more than a century.”
The ACG is a global community for middle-market M&A dealmakers and business leaders focused on driving growth. Los Angeles has one of ACG’s largest and most active chapters, frequently holding events and providing networking opportunities. For more information on the organization, please visit www.acgla.org.About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com