CBRE Group (CBRE) Investor presentation summary

Key messages for investors

• Double-digit Core EPS growth through cycles, with a diversified and resilient business mix supporting stability and expansion.

• Market leadership across 9 of 11 core business lines, with a focus on operational excellence and scalable models.

• Strong capital allocation track record, prioritizing M&A, co-investments, and share repurchases to drive shareholder value.

Financial performance and growth

• Core EPS grew at a 14% CAGR from 2012 to 2025, outpacing the S&P 500's 8% CAGR.

• Earnings rebounded quickly after the 2023 real estate downturn, surpassing prior peaks in less than two years.

• Free cash flow conversion remains high, with $7B generated over 2021-2025.

Business resilience and diversification

• Strategic investments shifted the business toward more cyclically resilient and secularly favored segments.

• Resilient business lines now contribute over 80% of revenue, with significant growth in infrastructure and data centers.

• Revenue diversification across property type, geography, business line, and client base has increased overall stability.