CBRE facts for kids

CBRE can refer to a few different things, but the most well-known is a big company called CBRE Group. This company helps people and businesses with buildings and land all over the world.

What is CBRE Group?

CBRE Group is a very large company that works with real estate. Real estate means land and the buildings on it, like offices, shops, homes, and factories. CBRE Group helps people buy, sell, rent, and manage these properties. It's like a giant helper for anyone who needs a building or wants to do something with land.

What Does CBRE Group Do?

CBRE Group offers many services related to buildings and land. They help businesses find the perfect office space or factory. They also help investors buy big buildings like shopping malls or hotels. Here are some of the main things they do:

• Helping to Buy and Sell: They connect people who want to sell a building with people who want to buy one. This can be for offices, shops, or even large apartment buildings.
• Managing Properties: After a building is bought, CBRE can help manage it. This means taking care of maintenance, finding tenants (people or businesses who rent space), and making sure everything runs smoothly.
• Advising Businesses: They give advice to companies about where to set up their offices or stores. They help them choose the best locations to grow their business.
• Designing Spaces: Sometimes, they even help design the inside of offices or other buildings to make them more useful and modern.

Where Does CBRE Group Work?

CBRE Group is a global company, which means they work in many countries around the world. They have offices in North America, Europe, Asia, and other places. This allows them to help clients who have properties in different parts of the world or who want to expand internationally. They work with all sorts of buildings, from tall skyscrapers in big cities to large warehouses and data centers.

Why is Real Estate Important?

Real estate is very important because almost everything we do happens in a building or on a piece of land. Our homes, schools, hospitals, shops, and places where people work are all real estate. Companies like CBRE Group help make sure that there are good places for people to live, work, and shop. They play a big role in how cities and towns develop and grow.