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CBRE beats earnings estimates, expands data center footprint with Onnec acquisition, maintains Buy rating.

Company Fundamentals
27 Oct 2026, 13:30 WIB
Seeking Alpha
View Source
Bullish
CBRE beats earnings estimates, expands data center footprint with Onnec acquisition, maintains Buy rating.

CBRE Group, Inc. reported quarterly earnings that surpassed consensus estimates by 5%, driven by strong sales of data center land and high demand from hyperscale clients. The company also expanded its international presence in data centers by acquiring Onnec, which enhances its scale and cross-marketing opportunities. These positive developments support a continued Buy rating for CBRE, reflecting confidence in its growth prospects and strategic positioning in the data center market.

CBRE Group shares are trading at USD 122.67 on Pluang, showing a slight decline of 0.17% in the last day. This data is current as of Oct 27, 2026, 17:11 WIB, reflecting steady investor interest with a market cap of $35.41 billion and a typical hold time of 6 days.

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