CBRE Group (CBRE) Acquires 35% Stake in Flexible Workspace Firm Industrious - Bloomberg, Citing Interview
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
CBRE Group (CBRE) Tops Q4 EPS by 51c, Revenues Beat
February 23, 2021 6:58 AM ESTCBRE Group (NYSE: CBRE) reported Q4 EPS of $1.45, $0.51 better than the analyst estimate of $0.94. Revenue for the quarter came in at $6.91 billion versus the consensus estimate of $6.33 billion.
We ended 2020 on a high note with adjusted earnings per share for the quarter reaching an all-time high and adjusted EBITDA growing by 9%,... More
CBRE Group (CBRE) Acquires 35% Interest in Industrious
February 22, 2021 8:06 AM ESTCBRE Group, Inc. (NYSE: CBRE) today announced the acquisition of a 35 percent interest in Industrious, a leading provider of premium flexible workplace solutions in the U.S. CBRE is now Industrious largest shareholder. In addition, CBRE is expected to acquire an additional 5 percent of Industrious in the coming weeks, which would result in a 40 percent total stake.
The investment significantly increases CBREs participation in the flexible workplace sector and positions the company to meet rising demand from occupiers for agile space solutions a trend that is being accelerated by the Covid-19... More
