CBRE #1 Real Estate Company On Fortune’s Most Admired List
Makes Global Roster for Seventh Consecutive Year
“It is great to have joined a firm that is ranked so highly globally as well as nationally. The depth of CBREs global reach, local talent and tech focus means we can deliver for Irish clients in a way that our competitors simply cannot match. Ireland is well positioned to develop as a centre of excellence for all services related to real estate and CBRE has the network to leverage that expertise globally. It’s exciting times for the broader property industry which is quickly being transformed by the forces of data, digital, AI and blockchain and CBRE is taking the steps necessary to bring the very best of these innovations to clients. CBRE is not only a great real estate operator, it is a great company full stop”. Myles Clarke, MD CBRE Ireland on CBRE’s announcement on making the Global roster for the seventh consecutive year.
Los Angeles – January 22, 2019 –CBRE Group, Inc. (NYSE:CBRE) today announced that it was the top-ranked real estate company on Fortune’s World’s Most Admired Company roster as the company made the prestigious ranking for the seventh consecutive year. Fortune defines the real estate industry broadly to include commercial real estate service providers, property owners, hotel and health care facility operators, residential firms and others.
Fortune rates companies on nine attributes related to corporate performance. CBRE led the industry in two key performance attributes – people management and global capabilities – and placed second in service quality, management quality, innovation, financial soundness, use of corporate assets and long-term investment.
CBRE has risen steadily on Fortune’s measure of corporate reputation and reached the number one position for the first time in 2019.
“Fortune provides one of the most definitive and highly regarded report cards on corporate reputation. CBRE’s steady climb to the number one ranking in our sector is a direct reflection of the excellent work our people are doing to deliver differentiated outcomes for our clients,” said Bob Sulentic, president and chief executive officer of CBRE.
Drawing from a base of some 1,500 companies, Fortune evaluated 680 companies from 30 countries in determining the Most Admired Companies. Fortune surveys board directors, executives and financial analysts to determine the rankings.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated 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.
CBRE U.C., (CBRE Ireland) registered in Ireland, no. 316570. PSRA Licence No. 001528 is the country’s largest commercial real estate services company with offices in Dublin and Cork. Currently employing over 150 employees, we work with occupiers, investors and developers of office, industrial and logistics, retail, hotel and healthcare property, providing strategic advice and execution for property sales and leasing; tenant representation, corporate services; property and project management; appraisal and valuation; development services; investment management and debt advisory; business rates and compulsory purchase and research and consulting. Please visit our website at www.cbre.ie