CBRE was the largest global commercial real estate services and investment firm by revenue in 2023, operating an extensive workforce of over 130,000 employees across more than 100 countries.
Amid a challenging year for the commercial real estate market and a noticeable decline in transactional activity within the advisory segment, CBRE demonstrated resilient global performance in its agency services, including notably its Global Workplace Solutions division, which grew by 10%.
The firm completed significant real estate deals in the US market, driving $153.7 billion in investment sales throughout 2023, which represented 34% of the nation’s entire real estate investment activity. It demonstrated top positioning across multiple asset classes in the country including office, industrial, multi-family and retail. The company also topped the domestic leasing market having closed deals worth $131.6 billion.
In line with shifting workplace dynamics, CBRE led numerous large-scale workplace transformation projects for multinational corporations.