Moody’s Raises CBRE’s Debt Rating to Baa2 with Positive Outlook

LOS ANGELES–(BUSINESS WIRE)–CBRE Group, Inc. (NYSE:CBRE) today announced that Moody’s Investors Service has raised its senior unsecured rating to Baa2, with a positive outlook. Last month, Standard & Poor’s Global Ratings raised CBRE’s corporate rating to BBB+. In making the upgrade, the Moody’s analysis cited CBRE’s strong market position, improving credit profile and increased revenue from recurring sources. “We have pursued a strategy of conservatively managing our balance sheet while