CBRE Group adds Guy Metcalfe to its Board of Directors

– USA, CA –  CBRE Group, Inc. (NYSE: CBRE) today announced the appointment of Guy Metcalfe to its Board of Directors, effective February 26, 2024, expanding the Board to 12 members.

“Guy is one of the premier strategic advisors in the real estate industry. Our Board will be greatly enhanced by his deep knowledge of and broad perspective on our sector as well as his sharp strategic thinking as we plot a course for CBRE’s continued growth.” said Chair and CEO, Bob Sulentic.

About Guy A. Metcalfe

Guy Metcalfe was a Managing Director and member of Morgan Stanley’s investment banking executive committee. He led its real estate investment banking business for over two decades before retiring as Global Chairman on January 31, 2024.

In more than 30 years at Morgan Stanley, Mr. Metcalfe advised clients on over $850 billion of transactions. He has served as a trusted strategic advisor to CBRE and helped to consummate notable capital-raising, mergers and acquisitions, and capital markets transactions for the company.

In addition, Mr. Metcalfe advised on some of the most transformational transactions in the real estate industry, including the mergers of each AMB Property Corp., KTR Capital Partners, Industrial Property Trust, Liberty Property Trust, and Duke Realty with Prologis; and, among others, Blackstone’s acquisitions of Trizec Properties, Equity Office Properties, Hilton Hotels, BioMed Realty Trust, Gramercy Property Trust and QTS Realty. He also advised on numerous initial public offerings, follow-on offerings, significant private capital raises, and secured and unsecured debt offerings.

Guy Metcalfe said: “I’ve seen CBRE up close for many years and know its strategic, operational and financial strengths are unmatched in the real estate services sector. The company is extremely well positioned for the future and I am excited to work with Bob and my fellow Directors to help drive growth and excellence across the business.”

He serves on the Board of Directors of nonprofits, including the Child Mind Institute, and has been an advisor on real estate matters to the Partnership Fund for New York City.

He holds a B.A. in Business Administration (with honors) from the Ivey Business School at the University of Western Ontario.

About CBRE Group, Inc.

CBRE Group, Inc. is a Fortune 500 and S&P 500 company headquartered in Dallas and the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services, and development services.

SOURCE: https://www.cbre.com/

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