Dear readers! We are pleased to present you the sixth issue of the LOGISTICS magazine in 2025, which contains a lot of relevant materials. In the latest issue, our permanent partner COMITAS company presents an innovative solution dictated by the shortage of warehouse space and difficulties with personnel selection – the high-rise automated self-supporting "COMITAS Warehouse".
Dear readers! The first half of the year is approaching, which means that on the pages of the fifth issue of the magazine you will find a lot of useful analytical materials on the markets of warehouse real estate, cargo transportation, etc. Our authors Yu.V. Klimenko, M.G. Grigoryan, R.N.
Dear readers! We present to your attention the fourth issue of the LOGISTICS journal. By tradition, in the April issue we summarize the results of TransRussia | SkladTech 2025. This year, the exhibition attracted a record number of exhibitors and over 30,000 visitors. Under the heading "non-economic activity", we are posting an interesting article by A.V. Efimov on the prospects for the development of non-primary non-energy exports from Russia to Vietnam.
GAAP EPS of $0.58, up 87%
Adjusted EPS of $0.64, up 28%
Revenue and Fee Revenue up 11% and 10%, respectively
Los Angeles, CA
CBRE Group, Inc. (NYSE:CBG) today reported strong financial results for the third quarter ended September 30, 2017.
“We are pleased to produce another quarter of excellent results, with double-digit revenue growth and adjusted earnings per share up 28%,” said Bob Sulentic, CBRE’s president and chief executive officer. “Our performance is the direct result of our focused strategy to produce exceptional outcomes for our clients and the commitment of our more than 75,000 people to executing our strategy.”
“The strength of our performance in the third quarter was broad-based. Each of our three global regions produced solid organic growth. Leasing returned to double-digit growth, and was especially strong in the U.S. Revenue growth accelerated in our occupier outsourcing business, as we continue to capitalize on our commanding position in this growing sector. Global property sales saw healthy growth, despite a generally tepid market for transaction activity, reflecting the strength of our brand and ability to take market share. Finally, we also had excellent performance in both of our real estate investment businesses.”
Mr. Sulentic added: “We continue to see healthy momentum across most of our businesses and regions and are increasing our full-year 2017 guidance for adjusted earnings per share to a range of $2.58 to $2.68.”
Third-Quarter 2017 Results
- APAC leasing revenue surged 17% (same local currency), with especially strong growth in Australia, Greater China, India and Japan.
- Americas leasing revenue rose 14% (13% in local currency), and 16% in the United States, paced by strong performance in New York City.
- In EMEA, Germany, Italy and Spain led the way to 7% (4% local currency) growth for the region.
- In the Global Investment Management segment, assets under management (AUM) totaled $98.3 billion, up $10.4 billion, or $2.6 billion excluding the Caledon Capital acquisition, which was completed in August 2017. Positive foreign currency movement added $2.2 billion to AUM versus the prior-year quarter.
- In the Development Services segment, projects in process totaled $5.9 billion, down $1.2 billion from the third quarter of 2016, while the pipeline totaled $5.4 billion, up $1.7 billion in the same period. Fee-only and build-to-suit projects constitute more than 50% of the pipeline.