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CBRE (CBRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK , July 15, 2024 /PRNewswire/ -- MainStay CBRE Global Infrastructure Megatrends Term Fund (the "Fund") (NYSE: MEGI) today announced the Fund's monthly distributions for July 2024 of $0.1250 per common share. The Fund's current annualized distribution rate is 11.39% based upon the closing price of $13.17 on July 11, 2024, and 10.11% based upon the Fund's closing NAV of $14.83 as of the same date.
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CBRE (CBRE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In February, “longtime investor” Sonny Kalsi told Barron's that the commercial real estate sector would make a comeback in 2025. The publication noted that Kalsi, who co-manages an investment division of Canadian insurer Sun Life called BGO, handles about $80 billion of commercial real estate investments.
CBRE Group (CBRE) is set to combine its Project Management business with Turner & Townsend to generate incremental run-rate core EPS by the end of 2027.
BUCHAREST, Romania , June 25, 2024 /PRNewswire/ -- Real estate investor-developer HAGAG Development Europe (TASE: HGGE) and leading real estate consulting agency CBRE Romania have recently signed an exclusive agreement destined to place Romania on the map of luxury shopping destinations. Romania's luxury goods market is estimated to generate revenues of EUR 535.82 million in 2024, with a significant contribution from online sales (13.8%).
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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.