CBRE Group Inc. Reports Strong Q4 2024 Financial Results
CBRE Group Inc. has released its financial results for the fourth quarter of 2024, exceeding analyst expectations. The company’s core earnings per share (EPS) surpassed estimates, driven by solid performance across its segments.
Key Highlights
- Core EPS surged past analyst estimates
- Segment performance drove strong financial results
- CBRE expects mid-teens growth in core EPS for 2025
Expansion Plans
CBRE has announced plans to expand its operations, with a focus on growth in key markets.
European Data Centre Market
According to CBRE research, Europe is expected to see a record level of new data centres in 2025, driven by increasing demand for artificial intelligence and cloud computing. This growth is expected to be accompanied by a significant increase in energy needs.
Key Statistics
- Record level of new data centres expected in Europe in 2025
- Increasing demand for artificial intelligence and cloud computing driving growth
- Significant increase in energy needs expected to accompany data centre growth