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CBRE expands earnings as infrastructure services accelerate

CBRE ($CBRE) reported third-quarter 2026 revenue of $11.52 billion, an increase of approximately 13%, with GAAP earnings rising 26% to $1.52 per share. Core earnings, the company’s adjusted measure, increased 28% to $2.05 per share. Core EBITDA grew almost 29% to approximately $1.0 billion, with double-digit growth in both its resilient and transaction-linked businesses. Infrastructure services revenue reached $4.5 billion over the preceding twelve months, up 50%, highlighting a faster-growing a

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CBRE agrees Onnec purchase with £460 million upfront and conditional earnout

CBRE ($CBRE) has agreed to acquire data-centre infrastructure specialist Onnec for an initial £460 million in cash, with up to £300 million more payable if specified growth thresholds are met. Onnec employs approximately 800 people and operates across Europe and Asia-Pacific. The deal would broaden CBRE’s critical-infrastructure capabilities in those regions and complement its existing US operations in a growing market for data-centre development and support. Onnec is expected to generate approx

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CBRE Investment Management acquires Tenet Equity for $1.6 billion

Cerberus announced the sale of Tenet Equity to CBRE Investment Management ($CBRE) for $1.6 billion. CBRE’s investment-management business completed the purchase on behalf of several investment strategies. Tenet specializes in US middle-market corporate real estate, providing companies with sale-and-leaseback financing and other property-based capital solutions while allowing them to continue operating from their facilities. Tenet’s portfolio includes more than 200 properties totaling approximate

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