CBRE · 10-Q · 2026Q3 · Full report
Capital Expenditure Program
CBRE GROUP, INC. · 2026-10-22 · Importance 44 · Surprise 24 · In source text
CBRE incurred $321 million of capital expenditures during the nine months ended September 30, 2026. The company anticipated approximately $500 million of capital expenditures, net of tenant concessions, for 2026. As of September 30, 2026, it also had $172 million of future commitments related to REI co-investment funds, with approximately $13 million expected to be funded in 2026, plus commitments of $16 million to consolidated projects and $68 million to unconsolidated projects in REI.
Key facts
- CBRE expected approximately $500 million of capital expenditures, net of tenant concessions, for the referenced expected period. source
- CBRE incurred $321 million of capital expenditures during the nine months ended September 30, 2026. source
- At September 30, 2026, CBRE had $172 million of future commitments related to REI co-investment funds, approximately $13 million of which was expected to be funded in the referenced period. source
- At September 30, 2026, CBRE was committed to fund additional capital of $16 million to consolidated projects and $68 million to unconsolidated projects within REI. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -1.4% | CBRE expected approximately $500 million of capital expenditures, net of tenant concessions, for the referenced expected period. |
| assets | positive | committed | +1.4% | CBRE expected approximately $500 million of capital expenditures, net of tenant concessions, for the referenced expected period. |