CBRE Group to Acquire Onnec for $610 Million to Expand Data Center Infrastructure

Key Facts

1CBRE Group announced a definitive agreement to acquire Onnec Group Limited for £460 million (approximately $610 million).

2The acquisition aims to enhance CBRE's data center infrastructure capabilities across Europe and the Asia Pacific region.

CBRE Group announced a definitive agreement to acquire Onnec Group Limited for £460 million, or approximately $610 million in cash. According to a statement on Business Wire, the acquisition is designed to enhance CBRE's global critical infrastructure capabilities and support the data center requirements of large technology clients in key international markets.

The transaction aims to strengthen the company's service offerings across Europe and the Asia Pacific region. CBRE stock closed at $130.77 on October 19, 2026, having traded between a day high of $133.05 and a day low of $129.92 during that session.