CBRE Group - statistics & facts
The most important figures behind CBRE's growth
Each year, the company's growth can be tracked by an expanding workforce, growing revenues, and assets under management. In just a decade, the number of CBRE employees, has tripled reaching 130,000 in 2023. This expansion reflects a year-on-year increase in the company’s revenues. The largest revenue sources include facilities management, leasing, property sales, and project management, but the company is also active in valuation, loan servicing, loan originations, and asset management. In 2023, CBRE saw its revenue peak at nearly 32 billion U.S. dollars. The company owns a growing property portfolio, including multifamily, office, industrial, and other real estate. In the same year, CBRE's assets under management reached 23 billion U.S. dollars - the highest figure on record.Which are CBRE’s main competitors?
CBRE is the leader within its most profitable segment – advisory services. In 2022, the company headed the ranking for the highest value of investment sales. Additionally, CBRE had more space leased than any of its competitors. Some of CBRE’s main competitors are Colliers and Cushman & Wakefield. Both companies operate globally, with the U.S. as their primary market. Colliers’ main product services include outsourcing and advisory, leasing, capital markets, and investment management. Cushman & Wakefield’s business is organized into four service lines: services, leasing, capital markets, and valuation & other. The list would not be complete without some of the other big real estate companies: JLL, Newmark, and Avison Young.Despite the recent challenging period for the commercial real estate industry, CBREs robust financial performance demonstrates that the company is well-positioned for growth.