CBRE Maintains Top Commercial Real Estate Services Firm Ranking in IAOP Global Outsourcing 100
2013/05/29
*The Japanese translation of this release was disseminated in Japan on the date above. Please note that the original version of this release was announced in English on May 7.
Los Angeles – May 7, 2013 – CBRE Group, Inc. (NYSE:CBG) today announced that it has been recognized as the #4 outsourcing services provider across all industries, and is once again the highest-ranked commercial real estate services company, according to the International Association of Outsourcing Professionals’ (IAOP) Global Outsourcing 100 for 2013. The firm remains the only commercial real estate services firm to be ranked in the top 10, a feat it has accomplished in four of the past five years.
“Our continued strong performance among the world’s best outsourcing companies is testimony to how our people are delivering consistently superior service,” said Bill Concannon, CBRE’s chief executive officer of Global Corporate Services. “Their focus on excellence in serving our clients has created a distinct advantage for CBRE in the global outsourcing market.”
The Global Outsourcing 100 ranks the top outsourcing service providers across all industries. The rankings are determined by an independent panel of judges based on characteristics such as size and growth rate, customer references, demonstrated competencies, and management capabilities. The IAOP panel credited CBRE for particular strengths in customer references, company recognitions, employee management and executive leadership. Last year, IAOP and the Information Services Group (ISG) also honored CBRE for its leadership in corporate responsibility, with the first IAOP/ISG Global Outsourcing Social Responsibility Impact Award.
"As moderate economic growth continues, choosing the right outsourcing partners is critically important," said IAOP Chairman Michael Corbett. “By focusing on its clients and insisting on consistently excellent service, CBRE has distinguished itself as an outsourcing service provider of choice in the commercial real estate industry."
CBRE provides a broad range of commercial real estate services on a global basis. The company was responsible for more than $189.8 billion of property sales and lease transactions in 2012, and managed more than 3.3 billion sq. ft. (including properties managed by affiliates) of commercial properties and corporate facilities as of December 31, 2012. The Company signed 46 long-term outsourcing contracts, including 22 new accounts, during the first quarter of 2013.
Attachment: Press Release
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
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