CBRE Group (CBRE) News Today

CBRE Group, Inc. (NYSE:CBRE) saw its stock price decrease today amid significant insider selling, even as the firm reported healthy transactional activity and strategic hires.

• CBRE facilitated the $11.4 million sale of a retail property in Van Nuys, underscoring its strength in capital markets and brokerage services.
• Vacancy rates in leading data-center markets hit record lows, highlighting robust demand in a sector where CBRE offers leasing and advisory solutions.
• The company named ex-Partners Group executive Ryan Kasten to head its Austin office, bolstering its leadership in a high-growth region.
• CBRE entered new $3.5 billion credit agreements and amended an existing term loan, boosting liquidity but modestly raising leverage.
• A report noted accelerated office conversions and demolition of older buildings, reflecting market trends that could generate advisory opportunities for CBRE.
• Chief Accounting Officer Lindsey S. Caplan sold 1,497 shares at an average price of $140.00, reducing her ownership by approximately 5.0%.
• Caplan also sold 1,935 shares at $140.00 each, further trimming her stake by about 8.8%.