10 Best Real Estate and Realty Stocks To Buy According to Hedge Funds

5. CBRE Group, Inc. (NYSE:CBRE)

Number of Hedge Fund Holders: 49

CBRE Group, Inc. (NYSE:CBRE) is one of the largest commercial real estate services and investment firms globally. The firm has a leading global market position in leasing, property sales, outsourcing, property management, and valuation. CBRE serves clients in over 100 countries across the globe. These clients are served through three business segments including REI (real estate investments), advisory services, and GWS (global workplace solutions).

CBRE Group, Inc. (NYSE:CBRE) has the privilege to serve as the largest commercial property developer in the US with $148 billion of assets under management within its Investment Management business. The market-leading competitive position, highly resilient business lines, and sufficient investment capacity are driving forces for the firm’s long-term growth.

For the third quarter ended September 30, CBRE Group, Inc. (NYSE:CBRE) witnessed strong results for all of its segments. Revenue for the Advisory Services segment was up 19% while revenue for the GWS segment was up 12.3%, year-over-year. Simultaneously, the REI segment saw its revenue climb 43.8% over the year. The quarterly performance marked the second-highest third-quarter core earnings per share in the company’s history.

CBRE Group, Inc. (NYSE:CBRE) works in every dimension of commercial real estate and is a global leader in a growing industry. As of Q3, the stock was held by 49 hedge funds. Thus, CBRE Group is one of the top real estate and realty stocks to buy according to hedge funds.