Form 8-K · Current report
CBRE Group 8-K, filed Oct 20, 2026
- Filed
- CIK
- 0001138118
- Accession no.
- 0001193125-26-426827
Summary
CBRE Group has agreed to acquire Onnec Group Limited, a London-based provider of data center infrastructure services, for an initial £460 million ($610 million) in cash plus a multi-year earnout of up to £300 million ($400 million) tied to growth thresholds. The transaction is subject to customary regulatory approvals and is expected to close around the end of the year.
Key points
- Onnec is expected to generate approximately £370 million ($498 million) in revenue and more than £50 million ($67 million) of core EBITDA in 2027, and the acquisition is expected to be immediately accretive to CBRE's core earnings per share.
- Onnec has roughly 800 employees serving hyperscalers in the United Kingdom, Continental Europe and Asia Pacific, and will operate within CBRE's Critical Infrastructure Services line of business.
- CBRE expects that line to generate nearly $4.5 billion in 2027 revenue including Onnec, with total estimated 2027 infrastructure services revenue of nearly $7.0 billion excluding periodic data center land sales.
- CBRE Chief Operating Officer Vikram Kohli said the deal fits the company's strategy of building a global infrastructure services business to complement its real estate services business.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 7.01 Regulation FD Disclosure. On October 20, 2026, the Company issued a press release announcing a definitive agreement to acquire Onnec Group Limited, a leading provider of data center infrastructure services across Europe and Asia Pacific. A copy of that press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein. The information included in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 hereto) is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as…
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.