Cbre Group Inc · NYSE:CBRE
Cbre — Investor Presentation (September 2022)
13 slides from Cbre's investor presentation, September 2022
Slide 1: CBRE Real Estate Investments Overview
CBRE Real Estate Investments Overview September 2022
Slide 2: Forward-Looking Statements
REI INVESTOR OVERVIEW Forward-Looking Statements This presentation contains statements that are forward looking within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding CBRE's future growth prospects, investor sentiment, investment activity, the
Slide 3: Real Estate Investment Businesses Differentiate CBRE
REI INVESTOR OVERVIEW Real Estate Investment Businesses Differentiate CBRE Financial Overview REI within CBRE Leverages CBRE’s global brand Business Line Operating ’18-21 CAGR 2018 (1) 2019 2020 2021 Profit % Benefits from CBRE’s global infrastructure, Development 195 120 153 351 22% leadership and
Slide 4: U.S. Logistics Program – Synergies with REI and CBRE
REI INVESTOR OVERVIEW U.S. Logistics Program – Synergies with REI and CBRE Developer, Investor, Operator Model Portfolio as of June 30, 2022 Investing in Secularly Favored Industrial Market Developer: E-Commerce: Exclusive first access to Trammell E-commerce sales exploded at the Crow’s logistics pi
Slide 5: CBRE Co-Investments Driving Returns and Alignment
REI INVESTOR OVERVIEW CBRE Co-Investments Driving Returns and Alignment Align CBRE with Key Partners and Investors: Equity Co-Investment Balances CBRE can stand alongside key investors in projects by investing in deals from our Real Estate Investments businesses Historical Returns Indicate Accretive
Slide 6: CBRE Investment Management Snapshot
REI INVESTOR OVERVIEW CBRE Investment Management Snapshot By Product Type (3) Key Operating Metrics – AUM $, billions Gross AUM ($B) ■ Direct Private RE 85.2 ■ Indirect Private RE 40.7 ■ Real Estate Credit 2.6 ■ Listed Real Assets 10.8 ■ Private Infrastructure 7.6 2002 2004 2006 2008 2010 2012 2014
Slide 7: Investment Management – Capital Raising
REI INVESTOR OVERVIEW Investment Management – Capital Raising Overall Investor Sentiment Capital Raised - $, billions Denominator Effect and Cautious Optimism: Investors on pause due to broader macro/market uncertainty; Cautious optimism for a bounce Sovereigns and Insurance Companies Active: Larges
Slide 8: Investment Management AUM Growth Driven by Strong Net Inflows
REI INVESTOR OVERVIEW Investment Management AUM Growth Driven by Strong Net Inflows Assets Under Management Waterfall ($, billions) 8 Definitions, endnotes and reconciliations are provided at the end of the presentation
Slide 9: CBRE Development Snapshot
REI INVESTOR OVERVIEW CBRE Development Snapshot In-Process by Property Type (3) In-Process and Pipeline Portfolio Pipeline In-Process Telford Acquisition 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 In-Process % of Total ’15 ’16 ’17 ’18 ’19 ’20 ’21 ’22 ■ Industrial
Slide 10: Development Process Supporting Continued Growth
REI INVESTOR OVERVIEW Development Process Supporting Continued Growth Developer, Investor, Operator Model Construction Starts Site, Financial, Market Analysis: TCC professionals conduct analysis and identify favored assets Place Land under Contract: Experienced professionals move quickly to secure l
Slide 11: End Notes, Supplemental Slides, GAAP Reconciliation Tables
End Notes, Supplemental Slides, GAAP Reconciliation Tables
Slide 12: End Notes
REI INVESTOR OVERVIEW End Notes 1. Management refined their estimate for 2018 and believe it is a materially accurate representation of the segment’s operating performance for this year 2. Trammell Crow’s Average IRR in excess of 30% represents deals completed from 2012 through 2021 3. As of June 30
Slide 13: Reconciliation of Real Estate Investments Business Line Operating Profit to Segment Operating Profit
REI INVESTOR OVERVIEW Reconciliation of Real Estate Investments Business Line Operating Profit to Segment Operating Profit $ in millions, totals may not sum due to rounding Twelve Months Ended, June 30, December 31, 2022 2021 2020 2019 2018 2017 2016 2015 Investment Management Operating Profit $210