CBRE Group, Inc. (CBG) ended last trading session with a change of -1.24 percent. It trades at an average volume of 2.1M shares versus 2.1M shares recorded at the end of last trading session. The share price of $35.95 is at a distance of 49.11 percent from its 52-week low and down -2.15 percent versus its peak. The company has a market cap of $12.11B and currently has 336.81M shares outstanding. The share price is currently 0.85 percent versus its SMA20, 9.52 percent versus its SMA50, and 20.81 percent versus its SMA200. The stock has a weekly performance of 0.08 percent and is 14.16 percent year-to-date as of the recent close.
On March 13, 2017 CBRE Group, Inc. (CBG) has been recognized as a 2017 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. This is the fourth year in a row CBRE has achieved this recognition.
“CBRE’s values and culture are key pillars of our strategy. We pride ourselves on being trusted advisors to our clients and our people are deeply committed to acting with integrity and excellence as they deliver strong outcomes for our clients,” said Bob Sulentic, president and chief executive officer of CBRE.
Alexandria Real Estate Equities, Inc. (ARE) recently recorded 0.26 percent change and currently at $109.09 is 34.2 percent away from its 52-week low and down -9.81 percent versus its peak. It has a past 5-day performance of -7.17 percent and trades at an average volume of 659.23K shares. The stock has a 1-month performance of -5.12 percent and is -1.84 percent year-to-date as of the recent close. There were about 92.87M shares outstanding which made its market cap $10.13B. The share price is currently -6.46 percent versus its SMA20, -3.94 percent versus its SMA50, and 1.8 percent versus its SMA200.
On March 9, 2017 Alexandria Real Estate Equities, Inc. (ARE) announced the pricing of its public offering of 6,100,000 shares of common stock at a price of $108.55 per share, of which 4,000,000 shares will be subject to the forward sale agreements described below. The Company also granted the underwriters a thirty-day option to purchase up to 915,000 additional shares. The offering is expected to close on or about March 15, 2017, subject to customary closing conditions.
J.P. Morgan, BofA Merrill Lynch and Citigroup are the joint book-running managers for the offering. RBC Capital Markets, Mizuho Securities, TD Securities, Scotiabank, Goldman, Sachs & Co., Barclays, MUFG, SMBC Nikko, UBS Investment Bank, BB&T Capital Markets, BBVA, BNP PARIBAS, Baird, Evercore ISI, Capital One Securities, PNC Capital Markets LLC and SunTrust Robinson Humphrey acted as co-managers for the offering.