On January 14, 2025, CBRE Group, Inc. announced several significant developments. Firstly, they issued a press release disclosing preliminary full-year revenue results for 2024 for their newly created Building Operations & Experience segment. Additionally, CBRE announced the acquisition of Industrious National Management Company, LLC, a leading provider of flexible office solutions. This acquisition aligns with the establishment of the Building Operations & Experience segment, which will include the company’s existing Enterprise Facilities Management, Local Facilities Management, and Property Management business lines, alongside Industrious.

Further, the company revealed changes in executive leadership roles to support this new business direction. The creation of the Building Operations & Experience segment marks a strategic expansion for CBRE, diversifying its service offerings and enhancing operational capabilities. These announcements were detailed in the press release attached as Exhibit 99.1 to their Current Report on Form 8-K, which also included other financial disclosures and statements about the company's forward direction.