Here’s Why Vulcan Value Partners Reallocated Capital from CBRE Group (CBRE)

2 hours ago 1

Soumya Eswaran

Tue, January 27, 2026 astatine 6:16 AM CST 4 min read

Investment absorption company Vulcan Value Partners recently released its fourth-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. All the strategies of Vulcan Value Partners delivered affirmative results successful the year. The Large Cap Composite (Net) returned -1.5% successful Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% successful Q4 and 9.5% YTD, The Focus Composite (Net) retuned 0.1% successful Q4 and 7.1% YTD, Focus Plus Composite (Net) returned 0.1% successful Q4 and 6.2% YTD and the All-Cap Composite (Net) returned 1.3% successful Q4 and 10.7% YTD. Despite overvalued markets, the steadfast improved its price-to-value ratios portion inactive achieving affirmative returns, prioritizing information and semipermanent gains implicit short-term performance. This concern echoes the precocious 1990s dot-com bubble, wherever hype and precocious valuations led to a crash, and today’s AI disruptions look to reflector that pattern, with investors risking overpaying for promising businesses. The steadfast is addressing specified situations by sticking to its concern discipline. For much accusation connected the firm’s champion picks successful 2025, delight cheque its apical 5 holdings. In addition, delight cheque the firm’s apical 5 holdings to cognize its champion picks successful 2025.

In its fourth-quarter 2025 capitalist letter, Vulcan Value Partners highlighted stocks similar CBRE Group, Inc. (NYSE:CBRE). Vulcan Value Partners exited its holdings successful CBRE Group, Inc. (NYSE:CBRE) from its Focus Strategy during the quarter. CBRE Group, Inc. (NYSE:CBRE) is simply a commercialized existent property services and concern company. CBRE Group, Inc. (NYSE:CBRE) shares traded betwixt $108.45 and $173.05 implicit the past 52 weeks. On January 26, 2026, CBRE Group, Inc. (NYSE:CBRE) banal closed astatine $170.31 per share. One-month instrumentality of CBRE Group, Inc. (NYSE:CBRE) was 4.29%, and its shares gained 6.82% of their worth implicit the past 3 months. CBRE Group, Inc. (NYSE:CBRE) has a marketplace capitalization of $50.68 billion.

Vulcan Value Partners stated the pursuing regarding CBRE Group, Inc. (NYSE:CBRE) successful its 4th fourth 2025 capitalist letter:

"CBRE Group, Inc. (NYSE:CBRE) was an fantabulous concern for us. As the world’s largest commercialized existent property services company, CBRE has a market-leading presumption successful leasing and spot income brokerage. It besides has a ample and increasing recurring business, which includes facilities management, task management, and concern management. These businesses supply net stableness during cyclical downturns successful commercialized existent property transactions. CBRE besides benefits from robust diversification crossed plus classes, including office, concern & logistics, beingness sciences, retail, and multifamily. We purchased shares successful June 2022 astatine highest interest regarding the aboriginal of the bureau owed to distant work, rising involvement rates, and a weakening economy. Since then, less-transactional segments person continued to turn strongly, and leasing has mostly recovered. While spot income stay beneath pre-COVID levels, CBRE expects its Core EPS to execute a caller grounds successful 2025. CBRE’s worth grew implicit the people of our ownership, but its stock terms roseate faster, and we reallocated superior to much discounted businesses."