Here’s Why Third Avenue Invested in CBRE Group (CBRE)

Third Avenue Management, an investment management company, released its “Real Estate Value Fund” second quarter 2022 investor letter. A copy of the same can be downloaded here. The fund returned a -15.39% (after tax) in the second quarter compared to -17.22% for its benchmark index, the FTSE EPRA NAREIT Developed Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.

Third Avenue Management discussed stocks like CBRE Group, Inc. (NYSE:CBRE) in...