CBRE Group, Inc. Files 8-K on Financials and Operations
Ticker: CBRE · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1138118
Sentiment: neutral
Topics: financial-condition, operations, regulation-fd
TL;DR
CBRE filed an 8-K on Jan 14, 2025, detailing financial results and operations.
AI Summary
On January 14, 2025, CBRE Group, Inc. filed an 8-K report. The filing primarily concerns the company's results of operations and financial condition, along with disclosures related to Regulation FD and other events. It also includes financial statements and exhibits.
Why It Matters
This filing provides investors with crucial updates on CBRE Group's financial performance and operational status, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing reporting on financial condition and operations, not indicating any immediate adverse events.
Key Players & Entities
- CBRE GROUP, INC. (company) — Registrant
- January 14, 2025 (date) — Date of earliest event reported
- 2121 North Pearl Street Suite 300 Dallas , Texas 75201 (address) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing by CBRE Group, Inc.?
The primary purpose of this 8-K filing is to report on CBRE Group, Inc.'s results of operations and financial condition, as well as to provide Regulation FD disclosures and report on other events.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on January 14, 2025.
What is CBRE Group, Inc.'s principal executive office address?
CBRE Group, Inc.'s principal executive office is located at 2121 North Pearl Street, Suite 300, Dallas, Texas 75201.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the Commission File Number for CBRE Group, Inc.?
The Commission File Number for CBRE Group, Inc. is 001-32205.
Filing Stats: 755 words · 3 min read · ~3 pages · Grade level 11.6 · Accepted 2025-01-14 17:00:09
Key Financial Figures
- $0.01 — hich registered Class A Common Stock, $0.01 par value per share " CBRE " New Yo
Filing Documents
- cbre-20250114.htm (8-K) — 54KB
- cbre-ex99_1.htm (EX-99.1) — 31KB
- img12390227_0.jpg (GRAPHIC) — 36KB
- 0000950170-25-005427.txt ( ) — 264KB
- cbre-20250114.xsd (EX-101.SCH) — 31KB
- cbre-20250114_htm.xml (XML) — 5KB
From the Filing
8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 14, 2025 CBRE GROUP, INC. (Exact name of Registrant as Specified in Its Charter) Delaware 001-32205 94-3391143 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 2121 North Pearl Street Suite 300 Dallas , Texas 75201 (Address of Principal Executive Offices) (Zip Code) (214) 979-6100 (Registrant's Telephone Number, Including Area Code) Not Applicable (Former Name or Former Address, if Changed Since Last Report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.01 par value per share " CBRE " New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. This Current Report on Form 8-K is filed by CBRE Group, Inc., a Delaware corporation (the "Company"), in connection with the matters described herein. Item2.02 Results of Operations and Financial Condition. On January 14, 2025, the Company issued a press release announcing preliminary full year 2024 revenue results for a newly created Building Operations & Experience segment. A copy of that press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein. The information included in this Current Report on Form 8-K under this Item 2.02 (including Exhibit 99.1 hereto) is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), except as expressly set forth by specific reference in such filing. Item7.01 Regulation FD Disclosure. On January 14, 2025, the Company issued a press release announcing (i) a definitive agreement to acquire Industrious National Management Company, LLC ("Industrious"), a leading provider of flexible office solutions, (ii) certain changes in executive leadership responsibilities and (iii) the creation of a new Building Operations & Experience segment. A copy of that press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein. The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 hereto) is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act, except as expressly set forth by specific reference in such filing. Item8.01 Other Events. In connection with the Industrious acquisition, the Company will create a new business segment called Building Operations & Experience ("BOE"). The new BOE segment will consist of the Company's Enterprise Facilities Management, Local Facilities Management and Property Management business lines and Industrious. With this change, the Company's four business segments for 2025 will be: Advisory Services, Building Operations & Experience, Project Management and Real Estate Investments. Item9.01 Financial Statements and Exhibits (d) Exhibits The following documents are attached as exhibits to this Current Report on Form 8-K: Exhibit No. Exhibit Description 99.1* Press release dated January 14, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). *Furnished herewith. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 14, 2025 CBRE GROUP, INC.