CBRE Group, Inc. (NYSE:CBG)
A commercial real estate services firm offers a full range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other commercial real estate assets.
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Cawabonga!!!!
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commercial real estate plays not affected by by recent downturn
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REITS are hot
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Trading Markets 9 rating
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My first exposure to CBG was being in a CBG-managed property and being impressed. I did my DD and liked it more--caught it before the 500; still holding.
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CBRE is vertically integrating its real estate services platform with the addition of Trammell Crowe. CBRE can now market its property management, leasing, project management, and other services to Trammell's Fortune 500 clients.
Also, the company is perfectly poised to capitalize on the trend of large corporations outsourcing their real estate services; construction, leasing, purchase/sale, etc.
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The housing market in the US is slowing, but retail isn't and CBG is in other countries!
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Core services include property sales, leasing, project management, mortgage banking, appraisals, research and consulting. Market will
self correct.
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Things go better with Coke...
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good performer is oversold...
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Commercial real estate typically outperforms residential but this time is different. Margins are unsustainably high going into a slowdown so look out below. The housing stocks actually look more washed out but commercial still needs to correct more
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