CBRE Group, Inc., is a holding company that conducts all of its operations through its indirect subsidiaries. It is a commercial real estate services firm. The Company offers a range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other types of commercial real estate. CBRE Services, Inc., its direct wholly owned subsidiary, is also a holding company and is the primary obligor or issuer with respect to most of its long-term indebtedness. The Company operates in five segments: Americas, Europe, Middle East and Africa (EMEA), Asia Pacific, Global Investment Management and Development Services. In March 2014, the Company acquired VALTEQ Gesellschaft mbH and its subsidiaries. Effective July 14, 2014, CBRE Group Inc acquired PKF Consulting USA LLC, a Atlanta-based provider of consulting services. Effective July 16, 2014, CBRE Group Inc acquired US Equities Realty LLC, a Chicago-based provider of real estate management services.