CBRE Group review
CBRE is the world's largest commercial real estate services firm by 2025 revenue, per its own 10-K. The filing also shows that most of that revenue is not brokerage. Facilities management alone brought in 50.9% of revenue. Leasing brought in 11.1%, and property sales 5.2%.
Last verified: 2026-10-20
Dallas, Texas · Public (NYSE: CBRE). Scored on 65 of 100 points.
Key facts
| Item | Detail |
|---|---|
| Headquarters | Dallas, Texas. Principal executive offices: 2121 North Pearl Street, Suite 300, Dallas, Texas (10-K cover). |
| Ownership | Public (NYSE: CBRE) |
| FY2025 revenue | $40.55 billion |
| People | More than 155,000, incl. Turner & Townsend (Dec 31, 2025) |
| Coverage | More than 100 countries |
| Services | Leasing, capital markets, property and facilities management, project management, investment management |
| Leadership | Robert Sulentic, Chair and CEO; Emma Giamartino, CFO and Chief Investment Officer; Vikram Kohli, COO and CEO, Advisory Services (10-K) |
| Fees | CBRE publishes no fee schedule. |
| Website | www.cbre.com |
Source for all rows: CBRE Group 10-K for FY2025 (SEC), accessed 2026-10-20.
What the filings reveal
Revenue mix, FY2025
| Line | Revenue | Share |
|---|---|---|
| Facilities management | $20.64 billion | 50.9% |
| Project management | $7.66 billion | 18.9% |
| Advisory leasing | $4.50 billion | 11.1% |
| Property management | $2.58 billion | 6.4% |
| Advisory sales (capital markets) | $2.12 billion | 5.2% |
| Valuation | $815.0 million | 2.0% |
| Investment management | $602.0 million | 1.5% |
| Commercial mortgage origination | $551.0 million | 1.4% |
| Loan servicing | $503.0 million | 1.2% |
| Other portfolio services | $354.0 million | 0.9% |
| Development services | $277.0 million | 0.7% |
| Corporate, other and eliminations | $-50.0 million | -0.1% |
Pass-through costs were $16.75 billion, or 41.3% of revenue. The 10-K splits revenue into $33.11 billion from “resilient” business lines and $7.49 billion from transactional ones.
- Facilities, project and property management together brought in about 76% of FY2025 revenue (our sum of the 10-K lines).
- About 61% of CBRE employees, not counting Turner & Townsend, have their costs reimbursed by clients, mostly in the Building Operations & Experience segment.
- Brand names in the 10-K include Trammell Crow Company, which does development mostly in the U.S., and CBRE Investment Management. So CBRE can be your broker, your developer and your investment manager.
- Reports four segments: Advisory Services, Building Operations & Experience, Project Management and Real Estate Investments.
Score breakdown
| Criterion | Weight | Score /10 | Points |
|---|---|---|---|
| Scope of services | 25 | 10 | 25.0 |
| Fee transparency | 20 | 3 | 6.0 |
| Client experience | 15 | pending | |
| Market coverage | 15 | 10 | 15.0 |
| Responsiveness | 10 | pending | |
| Verified reviews | 10 | pending | |
| Scale | 5 | 10 | 5.0 |
Math: 51.0 points earned of 65 available. 51.0 / 65 × 10 = 7.8 / 10. Client experience, responsiveness and verified reviews are pending. See how we score.
Where it ranks
- Main ranking: #1 of 6
- National firms hub: listed by operating model
- City hubs with a verified local office: Charlotte, New York City, Los Angeles, Chicago, Dallas-Fort Worth, Houston, Miami, Washington, D.C., Atlanta, Phoenix, Boston, Philadelphia, Riverside-San Bernardino, San Francisco, Detroit, Seattle, Minneapolis-St. Paul, Tampa, San Diego, Denver, Orlando, Baltimore, St. Louis, San Antonio, Austin, Portland, Sacramento, Pittsburgh, Las Vegas, Cincinnati
In Charlotte
1120 South Tryon Street, Suite 200, Charlotte, NC 28203. The office page claims more than 30 years as the dominant provider in the Charlotte market and more than 350 local employees. It names Denise Dexter as Senior Managing Director and Charlotte Market Leader (announced Sept 14, 2026). Source: CBRE Charlotte office page. See the Charlotte hub.
CBRE brokers we profile
Todd Barton (Atlanta, GA, industrial leasing and sales); John Suerth (Chicago, IL, industrial leasing and sales); Ed Frantz (Houston, TX, industrial leasing and sales). Not a ranking. See the broker section.
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Evidence notes
- Figures come from the FY2025 annual filing or results release linked above. Shares of revenue are our arithmetic on the reported lines.
- Not verified: client satisfaction, response times, review averages and local team quality. These stay pending until we have data we have read ourselves.
- Firm claims such as “largest” or “leading” are quoted as the firm’s own words.
Last verified 2026-10-20. Figures were re-read from the linked sources that day.
View changelog
- Profile published. Score carried over unchanged from the main ranking.
Other profiles: JLL Colliers Cushman & Wakefield Newmark Marcus & Millichap
Sources
- CBRE Group 10-K for FY2025 (SEC) · accessed 2026-10-20
- CBRE Charlotte office page · accessed 2026-10-20