Los Angeles, May 07, 2012 – CBRE Group Inc. (NYSE:CBG) has been named to the FORTUNE 500 list of the largest U.S.-based companies for the fifth straight year. CBRE remains the only commercial real estate services firm ever included in the FORTUNE 500.
“Our success is built on a foundation of insight, collaboration, global resources and best-in-class client service,” said Brett White, Chief Executive Officer of CBRE. “Our position as the only commercial real estate services provider in the FORTUNE 500 further underscores the confidence clients have in our people, platform and consistent delivery of exceptional results around the world.”
The FORTUNE 500 ranks U.S.-based companies by total revenue. CBRE was ranked at #416 on the list, up 24 places from the prior year.
Earlier this year, CBRE led National Real Estate Investor’s Top Brokerage list for the ninth year in a row. For the second straight year CBRE also was the highest ranked real estate services firm on Fortune's list of the Most Admired Companies.
In 2011, CBRE arranged global sales and leasing transactions with total value of $159 billion and managed commercial properties and corporate facilities totaling more than 3.2 billion sq. ft., including properties managed by affiliate companies.
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.