27 April 2017 | Herpreet Kaur Grewal
CBRE has reported strong financial results for the year ended 31 March 2017.
The group reported that it had made revenue of £2.32 billion ($3.0 billion), up 5 per cent. Fee revenue was £1.5 billion ($1.9 billion), up 5 per cent.
Bob Sulentic, CBRE's president and chief executive officer, said: "We have been keenly focused for some time on a strategy to make CBRE a more balanced and capable enterprise that produces highly differentiated outcomes for our clients."
He added: "In support of this strategy, we have made targeted organic investments and acquisitions aimed at bolstering our talent base, service offering and operating platform. These investments have allowed us to significantly improve our ability to provide integrated solutions to our clients around the world as well as our digital and consultative capabilities. All of this has positioned us to better satisfy our clients and take market share."