This Slide: #24 of 91 |
Slide #24. CBRE Group, Inc. — Whitestone Research Corporation
Acquirer:
CBRE Group, Inc. (CBG)
Acquiree:
Whitestone Research Corporation
Details:
CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired Whitestone Research Corporation, an industry-leading provider of facilities related cost analytics tools and services. Based in Santa Barbara, CA, Whitestone provides consulting services, cloud and server-based software tools and statistical indices that accurately model, forecast, and benchmark facilities costs for single assets and global real estate portfolios. Whitestone also publishes operations and maintenance and repair cost references for markets worldwide.
CBRE Group is a holding company. Through its subsidiaries, Co. is a commercial real estate services and investment firm. Co. has five segments: The Americas, which consists of operations located in the U.S., Canada and Latin America, Europe, Middle East and Africa, which mainly consists of operations in Europe; Asia Pacific, which includes operations in Asia, Australia and New Zealand; Global Investment Management business, which consists of investment management operations in North America, Europe and Asia Pacific; and Development Services business, which consists of real estate development and investment activities primarily in the U.S.
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