CBRE Group Inc (NYSE:CBG)

CBRE Group, Inc. provides commercial real estate services. It offers a range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other types of commercial real estate. The company operates its business through five segments: Americas, Europe, Middle East & Africa, Asia Pacific, Global Investment Management and Development Services. The Americas segment provides a range of services throughout the United States and in the metropolitan regions in Canada and selected parts of Latin America through both wholly-owned operations as well as independent affiliated offices. The Europe, Middle East & Africa segment operates in 42 countries with operations primarily conducted through a number of indirect wholly owned subsidiaries. Its operations are located in France, Germany, Italy, the Netherlands, Russia, Spain and the United Kingdom. This segment's operations in these countries generally provide a range of services to the commercial property sector. It also provides residential property services, primarily in France, Spain and the United Kingdom. The Asia Pacific segment operates in 13 countries with operations primarily conducted through a number of indirect wholly owned subsidiaries. It provides a range of real estate services to corporations throughout the region, similar to the range of services provided by its Americas and EMEA segments. The Global Investment Management segment provides investment management services to clients and partners that include pension plans, foundations, endowments and other organizations seeking to generate returns and diversification through investment in real estate. The Development Services segment provides development services primarily in the United States to users of and investors in commercial real estate, as well as for its own account. CBRE Group was formerly known as CB Richard Ellis Group, Inc. and changed its name to CBRE Group, Inc. on October 3, 2011. The company was founded by Colbert Coldwell in 1906 and is headquartered in Los Angeles, CA.