12 Best Real Estate and Realty Stocks To Buy Now

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 companies 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 of being the largest commercial property developer in the US with $148 billion of assets under management within its Investment Management business. Through building its resilient businesses, its leadership in the global leasing markets, scaling and diversifying its business resulting in a growing total addressable market, CBRE’s short and long-term growth prospects stand promising.

The firm demonstrated its business strength and resilience in its recent quarter by posting its second-highest third-quarter core earnings on record. The strong quarterly performance featured all three business segments experiencing strong double-digit revenue and segment operating profit growth. On January 2, the stock’s rating was upgraded by analysts at Jefferies Financial Group from Hold to Buy, currently having a $152 target price on the stock, up from their previous target price of $133 and maintaining a positive 2025 outlook on commercial real estate services.