CBRE Group (CBRE) Risk Factor Changes

Further, we have announced, and may from time to time announce, certain initiatives, including goals, targets and objectives, related to GHG emissions and other sustainability matters, in our SEC filings or in other p…

As the size and scope of our business has increased significantly, compliance with numerous licensing and other regulatory requirements and the possible loss resulting from non-compliance have both increased.

A significant actual or potential theft, loss, corruption, exposure, fraudulent use or misuse of client, employee or other personal information or proprietary business data, whether by third parties or as a result of…

As of December 31, 2025, we are required to comply with the European Union General Data Protection Regulation (GDPR) as well as the United Kingdom (U.K.) equivalent and other global data protection laws (including in…

Security breaches and other disruptions of our information and technology networks, as well as that of third-party vendors, could compromise our information and intellectual property and expose us to liability, reputa…

Our business requires the continued operation of information technology and communication systems and network infrastructure.

Our business relies heavily on information technology, including solutions provided by third parties, to deliver services that meet the needs of our clients.

Subject to the maximum amounts of indebtedness permitted by the covenants under our debt instruments, we are not restricted in the amount of additional recourse debt we are able to incur, and so we may in the future i…

As of December 31, 2025, our total debt, excluding notes payable on real estate (which are generally non-recourse to us) and warehouse lines of credit (which are recourse only to our wholly-owned subsidiary, CBRE Capi…

policies, procedures and programs are not adequate, or employees do not receive related adequate training or follow them for any reason, the consequences may be severe to us, including serious injury or loss of life,…

Having large and concentrated clients may lead to greater or more concentrated risks of loss if, among other possibilities, such a client (i) experiences its own financial problems, which may lead to larger individual…

Our BOE business also requires us to accurately model the working capital needs of this business.

Contracts for our BOE clients often include complex terms regarding payment of fees, risk transfer, liability limitations, termination, due diligence and transition timeframes.

During the ordinary course of business within our development services business line, we provide numerous completion and budget guarantees requiring us to complete the relevant project within a specified timeframe and…

Selective investment in real estate projects is critical to our development services business strategy within our Real Estate Investments segment, and there is an inherent risk of loss of our investments.

An important part of the strategy for our Real Estate Investments segment involves co-investing our capital in certain real estate investments with our clients, and there is an inherent risk of loss of our investments.

•the impact of regional or country-specific business cycles and economic instability, including those related to geopolitical, weather, public health or safety events;

•adverse changes in regulatory, tax or trade policies (including tariffs) or uncertainty about potential changes in such regulatory, tax or trade policies;

credit availability.

Periods of economic weakness or recession, fiscal or political uncertainty, market volatility, declining employment levels, declining demand for commercial real estate, falling real estate values, disruption to the gl…

As of December 31, 2024, we had over $1.4 billion invested in certain companies and projects that we do not control that were accounted for under the cost/measurement alternative method of accounting, equity method or…

We have equity investments in certain companies or projects that we do not control, which subject us to risks related to their respective businesses.

any additional or similar changes to laws or regulations, including the interpretation or implementation thereof, will occur in the future.

A significant actual or potential theft, loss, corruption, exposure, fraudulent use or misuse of client, employee or other personal information or proprietary business data, whether by third parties or as a result of…

may require us to compromise on certain contract terms with respect to the payment of fees, the extent of risk transfer, or acting as principal rather than agent in connection with supplier relationships, liability li…

The protection of our brand, including related trademarks, may require the expenditure of significant financial and operational resources.

We have committed resources to expand our worldwide sales and marketing activities, to globalize our service offerings and products in select markets and to develop local sales and support channels.

Our international operations require us to comply with a broad range of complex legal, geopolitical and regulatory environments in which we operate.

Our operations are subject to international social, political and economic risks in foreign countries.

violations.

service providers for which there is no certainty of uninterrupted availability.

order to finance our operations and investments.

We have approximately 155,000 employees (including Turner & Townsend employees) as well as independent contractors working in over 100 countries.

assurance that we will not have to perform under any such guarantees.

The protection of our brand, including related trademarks, may require the expenditure of significant financial and operational resources.

We have invested in enhancing our service and product offerings globally.

The global nature of our operations subject us to international social, political, legal and economic risks across a number of jurisdictions.

Disruptions in the credit markets may have a material adverse effect on our business of providing advisory services to owners, investors and occupiers of real estate in connection with the leasing, disposition and acq…