CBRE Group Expands with Turner & Townsend Merger

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CBRE Group ( (CBRE) ) has provided an announcement.

CBRE Group announced the completion of its project management business combination with Turner & Townsend, enhancing its global footprint in program and project management services. Vincent Clancy, CEO and Chair of Turner & Townsend, joins CBRE’s Board, bringing significant industry expertise and leadership that is expected to strengthen CBRE’s position in key growth sectors such as infrastructure and green energy.

More about CBRE Group

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, based on 2023 revenue, and is a Fortune 500 and S&P 500 company headquartered in Dallas. The company provides a comprehensive range of services, including facilities management, transaction and project management, property management, investment management, and more, with a workforce of over 130,000 employees serving clients in over 100 countries.

YTD Price Performance: 0.0%

Average Trading Volume: 1,886,669

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $39.75B

See more data about CBRE stock on TipRanks’ Stock Analysis page.

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