Slide 1: Forward-Looking Statements
FORWARD – LOOKING STATEMENTS This presentation contains statements that are forward looking within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our future growth momentum, operations, financial performance, and business outlook. These statements
Slide 2: The Global Market Leader
THE GLOBAL MARKET LEADER GLOBAL LEADERSHIP WITH BROAD CAPABILITIES SCALE AND DIVERSITY LEADING GLOBAL BRAND 1. Includes affiliate offices as of December 31, 2012. 2. Excludes affiliate offices. 3. As of June 30, 2013. #1 leasing #1 investment sales #1 outsourcing #1 appraisal and valuation #1 commer
Slide 3: Our Vision
OUR VISION Be the preeminent, vertically integrated global commercial real estate services and investment firm serving our clients with market-leading collaboration.
Slide 4: Our Key Strengths
OUR KEY STRENGTHS Market-leading professionals across business lines and geographies A loyal and diverse client base Most highly regarded, recognized brand in the industry Unmatched service line and geographic footprint Ability and willingness to invest in our business
Slide 5: Our Client Service Model
OUR CLIENT SERVICE MODEL Provide a complete suite of premier services to property investors and occupiers across the globe.
Slide 6: Diversification
DIVERSIFICATION 2012 REVENUE1 BY CLIENT TYPE LTM 6/30/13 REVENUE2 BY GEOGRAPHY 1. 2012 revenue of $6.5 billion includes $5.7 million of revenue related to discontinued operations. 2. LTM 6/30/13 revenue of $6.8 billion includes $14.6 million of revenue related to discontinued operations.
Slide 7: Revenue Diversification
REVENUE DIVERSIFICATION 1. Contractual revenue includes: Property , Facilities and Project Management (14% in 2006 and 35% in LTM 6/30/13), Appraisal & Valuation (7% in 2006 and 6% in LTM 6/30/13), Investment Management (6% in 2006 and 7% in LTM 6/30/13), Development Services (1% in both 2006 and LT
Slide 8: Revenue Breakdown
REVENUE BREAKDOWN 1. Includes revenue from discontinued operations of $4.9 million and $8.9 million for the three and six months ended June 30, 2013, respectively. 2. Contains recurring revenue aggregating approximately 61% and 62% of total revenue for the three and six months ended June 30, 2013, r
Slide 9: Global Corporate Services (GCS)
GLOBAL CORPORATE SERVICES (GCS) 1. Represents combined data for CBRE and Trammell Crow Company prior to 2007; includes properties managed by Asset Services; does not include joint ventures and affiliates. 2. Total outsourcing revenue (including Asset Services) comprises 37% of total revenue. Does no
Slide 10: Leasing
LEASING 1. Includes Trammell Crow Company’s revenue for the period from December 20, 2006 through December 31, 2006. 2. As of January 1, 2013. Does not include affiliate offices. Approximately 4,1002 leasing professionals worldwide Tailored service delivery by property type and industry/market speci
Slide 11: Office Leasing Market Outlook
OFFICE LEASING MARKET OUTLOOK forecast Office TW Rent Index; % change versus a year ago Office Vacancy rate; % U.S. Office Rent Forecast and Vacancy
Slide 12: Capital Markets
CAPITAL MARKETS Includes Trammell Crow Company’s revenue for the period from December 20, 2006 through December 31, 2006. As of January 1, 2013. Does not include affiliate offices. Approximately 1,6002 investment sales and mortgage brokerage specialists worldwide Specialization across all major prop
Slide 13: Global Investment Management
CAGR =23% $88.2 billion in assets under management $191.8 million of co-investments As of December 31 for each year presented except for Q2 2013, which is as of June 30, 2013. As of June 30, 2013. ($ in Billions) HIGHLIGHTS2 ASSETS UNDER MANAGEMENT1 PERCENT OF YTD Q2 2013 GLOBAL REVENUE YTD Q2 2013
Slide 14: Assets Under Management and Typical Fee Structure
As of June 30, 2013. Assets under management (AUM) refers to the fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of properties and real est
Slide 15: Development Services: Trammell Crow Company
$6.4 billion in process/pipeline $72.4 million of co-investments $16.2 million in recourse debt to CBRE and repayment guarantees PROJECTS IN PROCESS/PIPELINE1 HIGHLIGHTS3 PERCENT OF YTD Q2 2013 GLOBAL REVENUE ($ in Billions) As of December 31 for each year presented except for Q2 2013, which is as o
Slide 16: Historical Performance 1992-2012
HISTORICAL PERFORMANCE 1992 – 2012 CAGR = 16% Average Annual Organic Growth of 9% 1992 – 2012 CAGR = 21% ($ in Millions) ($ in Millions) 3 4 4 4 4,7 2 3 6 6 6 6,7 REVENUE1 NORMALIZED EBITDA AND MARGIN5 4 6 4 6 See slide 23 for footnotes. 360 392 429 469 583 759 1,187 1,403 1,518 1,362 1,362 1,810 2,
Slide 17: Mandatory Amortization and Maturity Schedule
As of June 30, 2013 MANDATORY AMORTIZATION AND MATURITY SCHEDULE $ in millions $1,200.0 million revolver facility matures in March 2018. As of June 30, 2013, the outstanding revolver balance was $140.3 million. 1 Global Cash Available Revolver 1,424 20 40 40 68 255 221 2 352 198 800 - 250.0 500.0 75
Slide 18: Capitalization
CAPITALIZATION Excludes $109.9 million and $94.6 million of cash in consolidated funds and other entities not available for Company use at June 30, 2013 and December 31, 2012, respectively. Net of original issue discount of $9.5 million at December 31, 2012. Represents notes payable on real estate i
Slide 19: Business Outlook
At mid-year, performance generally is unfolding consistent with expectations Expect continued slow macro recovery Brand and well-balanced business give us confidence in the current environment Anticipate full year revenue growth in the mid to high single digits Property sales expected to remain stro
Slide 20: Appendix
APPENDIX a (CBRE | INVESTOR PRESENTATION
Slide 21: Reconciliation of Normalized EBITDA to EBITDA to Net Income (Loss)
RECONCILIATION OF NORMALIZED EBITDA TO EBITDA TO NET INCOME (LOSS) Notes: Includes EBITDA related to discontinued operations of $13.0 million for the twelve months ended June 30, 2013, $5.6 million for the year ended December 31, 2012, $14.1 million for the year ended December 31, 2011, $16.4 millio
Slide 22: Slide No reimbursements are included for the period 1992 through 1996, as amounts were
Slide 17 No reimbursements are included for the period 1992 through 1996, as amounts were immaterial. Reimbursements for 1997 through 2001 have been estimated. For 2002 and forward, reimbursements are included. Includes Insignia activity for the period July 23, 2003 through December 31, 2003. Includ