CBRE Group

CBRE Group

CBRE Group Jonathan Poland

CBRE Group, Inc. (CBRE) is a leading provider of commercial real estate services and investment solutions worldwide. The company was founded in 1906, is headquartered in Dallas, Texas, and operates through three main segments: Advisory Services, Global Workplace Solutions, and Real Estate Investments. The Advisory Services segment offers a range of services, including leasing advice, property sales and mortgage services under the CBRE Capital Markets brand, property and project management services for owners and investors in various types of properties, and appraisal and valuation services, as well as consulting services such as property condition reports and environmental consulting. The Global Workplace Solutions segment provides facilities management, project management, and transaction management services. The Real Estate Investments segment offers investment management services under the CBRE Investment Management brand to institutional investors, development services under the Trammell Crow Company brand, and flexible-space solutions under the CBRE Hana brand.

as of February 5, 2023

Low gross margins and what looks like a bloated employee base is going to hamper CBRE long-term even if the space for real estate brokerage services is at a low point. The share price is up 260% over the last decade, while its book value is up 450%, and priced at roughly 16x forward earnings there isn’t enough meat on the bone to produce 20% a year for investors since I cannot see the growth rate keeping up with historical averages.

Learn More
Scotts Miracle-Gro Jonathan Poland

Scotts Miracle-Gro

The Scotts Miracle-Gro Company (SMG) is an American multinational corporation that specializes in the manufacturing, marketing, and distribution of lawn,…

Microsoft Corporation Jonathan Poland

Microsoft Corporation

Microsoft Corporation (MSFT) is a multinational technology company headquartered in Redmond, Washington, United States. It was founded in 1975 by…

Teck Resources Jonathan Poland

Teck Resources

Teck Resources Limited (TECK) is a company involved in the exploration, acquisition, development, and production of natural resources across Asia,…

First Republic Bank Jonathan Poland

First Republic Bank

First Republic Bank (FRC) and its subsidiaries offer private banking, private business banking, and private wealth management services to clients…

PayPal Holdings Jonathan Poland

PayPal Holdings

PayPal (PYPL) is an online payment system that allows individuals and businesses to send and receive payments electronically. The company…

James Hardie Industries Jonathan Poland

James Hardie Industries

James Hardie Industries plc (JHX) is a leading global manufacturer and marketer of fiber cement building products, primarily used in…

Hudbay Minerals Jonathan Poland

Hudbay Minerals

Hudbay Minerals Inc. (HBM) is a Canadian-based diversified mining company primarily focused on the discovery, production, and marketing of base…

Boise Cascade Jonathan Poland

Boise Cascade

Boise Cascade Company (BCC), founded in 1957 and headquartered in Boise, Idaho, is a leading manufacturer and distributor of wood…

UFP Industries Jonathan Poland

UFP Industries

UFP Industries, Inc. (UFPI), a multinational corporation, specializes in designing, manufacturing, and marketing a diverse range of wood, non-wood composites,…

Jonathan Poland (“JP”) is a publisher, not a registered investment advisor, and nothing on this website is intended, and it should not be construed, to be investment advice. Under no circumstances does any information posted on this website represent a recommendation to buy or sell a security. The information on this site is not intended to be, nor does it constitute investment advice or recommendations. In no event shall JP be liable to any visitor or third party for any damages of any kind arising out of the use of any content or other material published or available on this site, or relating to the use of, or inability to use, any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Past performance does not guarantee future results. Read the full legal disclaimer.

Content Database

Efficiency Jonathan Poland

Efficiency

Efficiency is a measure of how well resources are used to produce goods and services. It is typically calculated by…

Brand Engagement Jonathan Poland

Brand Engagement

Brand engagement refers to the interaction between a customer and a brand, and can be used as a way to…

Operations Planning Jonathan Poland

Operations Planning

Operations planning involves identifying and implementing strategies and tactics to optimize the core processes and practices that enable a business…

Negotiation Tactics Jonathan Poland

Negotiation Tactics

Negotiation tactics are strategies and techniques used in the process of negotiation to help achieve an individual or group’s objectives.…

Abundance Mentality Jonathan Poland

Abundance Mentality

Abundance mentality is the belief that there is enough for everyone, and that abundance, rather than scarcity, should be the…

Network Infrastructure Jonathan Poland

Network Infrastructure

Network infrastructure refers to the hardware and software components that are used to build and support a computer network. It…

Positive Feedback Loop Jonathan Poland

Positive Feedback Loop

A positive feedback loop is a situation where an initial change or input (A) leads to a further change or…

Psychographics Jonathan Poland

Psychographics

Psychographics is the study of personality, values, attitudes, interests, and lifestyles. It is a research method used to identify and…

Environmental Challenges Jonathan Poland

Environmental Challenges

Environmental issues are detrimental changes to the Earth’s natural surroundings that negatively impact the current quality of life for individuals…