DALLAS, June 24, 2024--CBRE Group, Inc. (NYSE:CBRE) today announced that the company plans to combine its Project Management business with Turner & Townsend, its majority-owned subsidiary that provides program management, cost consultancy and project management services globally.
Extensive real estate market knowledge and a solid outsourcing business bode well for CBRE Group (CBRE), though macroeconomic uncertainty and its adverse impact on commercial real estate transactions are concerning.
To enhance data center capabilities, CBRE Group (CBRE) announces the acquisition of Direct Line Global.