CBRE Group announced that it has been named to Fortune’s World’s Most Admired Companies roster for the 14th year in a row.
Fortune grades companies on nine attributes related to corporate performance based on surveys of industry participants. CBRE led the real estate sector on six performance attributes— service quality, management quality, people management, social responsibility, global competitiveness and use of corporate assets. The company placed second on three attributes: innovation, financial soundness and long-term investment value.
“CBRE’s consistently strong showing, across nearly a decade and a half, in this key benchmark of corporate reputation reflects our people’s unwavering focus on excellence in every aspect of our business. Because of them, our company, clients and communities are continuing to thrive,” said Bob Sulentic, CBRE’s chair and chief executive officer.
Drawing from a base of some 1,500 companies, Fortune evaluated 660 companies from 29 countries in determining the World’s Most Admired Companies. The real estate sector encompasses REITs, property owners, service providers, residential firms and other companies. Fortune surveys board directors, executives and financial analysts to determine the individual company scores and rankings.
