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Slide #7. CBRE Group, Inc. — VALTEQ
CBRE Group, Inc. (CBG)
CBRE Group, Inc. (NYSE:CBG) today announced that it has closed the acquisition of VALTEQ Gesellschaft mbH and its subsidiaries ("VALTEQ"). VALTEQ is a leading technical real estate consulting firm in Germany, founded by Dr. Thomas Herr, Dr. Gabriele Lft and Jrgen Scheins, and it specializes in technical and environmental due diligence for commercial real estate. It also provides technical asset management, project management, facilities management and consulting services, and specializes in creating economically-feasible sustainability solutions. VALTEQ's team of approximately 60 professionals will now be fully integrated with CBRE's Building Consultancy group in Germany and across Europe.
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)
(ranked lower than approx. 95% of all stocks covered)
Based on Zacks ABR data;
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