CBRE Group, Inc. (NYSE: CBRE) has risen to #122 on the 2021 Fortune 500 list of the largest U.S.-based companies—up from #128 in 2020.
“COVID-19 posed unprecedented challenges throughout 2020,” said Bob Sulentic, CBRE’s president and chief executive officer. “Our continued rise in the Fortune rankings in a year of such challenges reflects our people’s passion for delivering great outcomes for our clients while dealing with significant upheaval in their personal lives. We could not be prouder of the way they rose to the occasion.”
Fortune ranks companies by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in and operate in the U.S. and file financial statements with a government agency.
CBRE reported total revenue of $23.8 billion in 2020. The company provides a diversified suite of commercial real estate services on a global basis. It was responsible for more than $290 billion of property sales and lease transactions in 2020, manages more than 7.0 billion sq. ft. of commercial properties and corporate facilities, and, as of March 31, 2021, had $124.5 billion of investment assets under management and $15.0 billion of real estate development assets in process.
Earlier this year, CBRE was the top-ranked real estate company on Fortune's Most Admired Company roster for the third consecutive year. CBRE was also ranked #22 on the Barron's list of the 100 Most Sustainable Companies in the U.S. and recognized as one of the 2021 World’s Most Ethical Companies® by Ethisphere for the eighth year in a row.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. We routinely post important information on our website, including corporate and investor presentations and financial information. We intend to use our website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Such disclosures will be included in the Investor Relations section of our website at https://ir.cbre.com. Accordingly, investors should monitor such portion of our website, in addition to following our press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
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