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Extensive real estate market knowledge and a solid outsourcing business bode well for CBRE Group (CBRE), though macroeconomic uncertainty and its adverse impact on commercial real estate transactions are concerning.
To enhance data center capabilities, CBRE Group (CBRE) announces the acquisition of Direct Line Global.
CBRE Group (NYSE: CBRE) just announced plans of buying Direct Line Global from Guardian Capital Partners. Its shares have been in a downtrend over the past three months and are down another 1.0% on Wednesday morning.