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CBRE-News
CBRE-Events
CBRE Reports Q2 Revenue of $11.2B, Below Consensus
Reports Q2 revenue $11.2B, consensus $11.28B. "The momentum in CBRE's business continued in the second quarter, with Core EPS up 30% on a 16% revenue increase," said Bob Sulentic, CBRE's chair and chief executive officer. "Our strength was balanced across the company. Each of our segments - Advisory, Building Operations & Experience, Project Management and Real Estate Investments - grew Segment Operating Profit by more than 25%."
Venu Holding Secures Over $150M in C-PACE Financing
Venu Holding (VENU) announced that CBRE Group (CBRE), retained by the Company to secure Commercial Property Assessed Clean Energy financing, has identified more than $150M in gross proceeds for VENU. C-PACE proceeds are expected to fully fund the balance of construction for Regent Bank Amphitheater in Broken Arrow, Oklahoma, expected to open in fall 2026, and Sunset Amphitheater in McKinney, Texas, expected to open in the first quarter of 2027. C-PACE is long-term, fixed-rate financing secured through a property tax assessment tied to qualifying building improvements, providing VENU with institutional-scale capital without issuing equity.
CBRE Investment Management Closes $630 Million Capital Raise
CBRE Investment Management and Accelerate Infrastructure Opportunities announced the closing of a $630 million primary capital raise following strong demand from global investors. Aerial view of a solar farm, illustrative of the renewable infrastructure sites Accelerate acquires across its digital, renewable and transportation platform. The capital raise includes additional investments from funds managed by CBRE IM and new investments from Mubadala Investment Company, Australian Retirement Trust and other leading global investors, bringing total equity committed to the platform to $1.26 billion.
CBRE Reports Q1 Revenue of $10.5B
Reports Q1 revenue $10.5B, consensus $10.23B. "CBRE continued to generate strong financial results while making important strategic gains during the first quarter of 2026. Together, our three services segments - Advisory, Building Operations & Experience and Project Management - grew revenue by 20% and operating profit by nearly 30%. Additionally, profits from our data center land development program were delivered earlier in the year than anticipated," said Bob Sulentic, CBRE's chair and chief executive officer. "We had strong growth from both our Resilient and Transactional Businesses during the quarter. Notably, our work related to infrastructure assets, consisting of the services we perform for data centers as well as power, telecom and transportation assets, among others, has become a source of significant profits and growth spanning all four business segments," Sulentic added.
Meta Partners with CBRE to Train Thousands of Fiber Technicians
Meta Platforms (META) and CBRE (CBRE) announced LevelUp - a multiyear program to recruit and train thousands of fiber technicians to build Meta data centers in the U.S. CBRE will establish and run multiple training centers across the U.S., starting this summer. Successful graduates will have the opportunity to put their skills to work at Meta construction sites across the U.S. through Meta's network of contractors. This training program addresses the growing shortage of fiber technicians needed to build next-generation data center infrastructure. By preparing new, job-ready technicians, it expands the skilled workforce, increases access to high-quality career opportunities and creates a clear pathway for recent high school graduates. For people looking to start a new career or recent high school graduates exploring options, these jobs offer competitive earning potential in a growing field. CBRE will train thousands of workers to install technical infrastructure, fiber-optic cables, network gear, and other mission-critical equipment at Meta's data center construction sites. The curriculum is designed to be broadly applicable, equipping trainees with skills that are in high demand across the construction and data center industries, and will provide a foundation for long-term, transferable careers in the skilled trades sector.
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