This Slide: #28 of 91 |
Slide #28. CBRE Group, Inc. — The CAC Group
Acquirer:
CBRE Group, Inc. (CBG)
Acquiree:
The CAC Group
Details:
CBRE Group, Inc. (NYSE:CBG) today announced that it has acquired The CAC Group (CAC), one of the leading commercial real estate services firms in San Francisco. The acquisition significantly enhances CBRE's service offering in downtown San Francisco, making it the number one provider of commercial property management and leasing in one of the strongest and fastest growing office markets in the United States.
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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Buy (3.44 out of 4) 67th percentile
(ranked higher than approx. 67% of all stocks covered)
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