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Segments
 6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segments Segments
We organize our operations around, and publicly report our financial results on, three global business segments: (1) Advisory Services; (2) Global Workplace Solutions and (3) Real Estate Investments. In addition, we also have a “Corporate, other and elimination” segment. Our Corporate segment primarily consists of corporate headquarters costs for executive officers and certain other central functions. We track our strategic non-core non-controlling equity investments in “other” which is considered an operating segment and reported together with Corporate but does not meet the aggregation criteria for presentation as a separate reportable segment. These activities are not allocated to the other business segments. Corporate and other also includes eliminations related to inter-segment revenue.

Segment operating profit (SOP) is the measure reported to the chief operating decision marker (CODM) for purposes of making decisions about allocating resources to each segment and assessing performance of each segment. Segment operating profit represents earnings, inclusive of amounts attributable to non-controlling interest, before net interest expense, write-off of financing costs on extinguished debt, income taxes, depreciation and amortization and asset impairments, as well as adjustments related to the following: certain carried interest incentive compensation expense to align with the timing of associated revenue, fair value adjustments to real estate assets acquired in the Telford acquisition (purchase accounting) that were sold in the period, costs incurred related to legal entity restructuring, efficiency and cost-reduction initiatives, integration and other costs related to acquisitions and a provision associated with Telford's fire safety remediation efforts. This metric excludes the impact of corporate overhead as these costs are reported under Corporate and other.

Summarized financial information by segment is as follows (dollars in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Revenue
Advisory Services$2,041,673 $2,587,983 $3,895,541 $4,836,431 
Global Workplace Solutions5,426,062 4,908,145 10,763,784 9,713,761 
Real Estate Investments255,657 277,281 479,503 561,038 
Corporate, other and eliminations (1)
(3,529)(2,131)(7,851)(7,019)
Total revenue$7,719,863 $7,771,278 $15,130,977 $15,104,211 
Segment Operating Profit
Advisory Services$315,443 $520,657 $585,175 $986,311 
Global Workplace Solutions232,680 218,296 462,336 421,032 
Real Estate Investments33,131 274,518 164,629 441,570 
Total reportable segment operating profit$581,254 $1,013,471 $1,212,140 $1,848,913 
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(1)Eliminations represent revenue from transactions with other operating segments. See Note 12.
Reconciliation of total reportable segment operating profit to net income is as follows (dollars in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Net income attributable to CBRE Group, Inc.$201,403 $487,322 $318,295 $879,619 
Net income attributable to non-controlling interests4,750 2,594 12,931 $6,568 
Net income206,153 489,916 331,226 $886,187 
Adjustments to increase (decrease) net income:
Depreciation and amortization154,387 162,359 315,878 311,391 
Asset impairments— 26,405 — 36,756 
Interest expense, net of interest income42,982 18,518 71,396 31,344 
Provision for income taxes55,404 120,762 83,439 117,024 
Carried interest incentive compensation (reversal) expense to align with the timing of associated revenue(459)(7,495)6,519 15,361 
Impact of fair value adjustments to real estate assets acquired in the Telford acquisition (purchase accounting) that were sold in period— (1,451)— (3,147)
Costs incurred related to legal entity restructuring— 10,245 — 11,921 
Integration and other costs related to acquisitions36,444 8,209 54,578 16,330 
Costs associated with efficiency and cost-reduction initiatives2,310 — 140,557 — 
Provision associated with Telford’s fire safety remediation efforts (1)
— 37,505 — 37,505 
Corporate and other loss, including eliminations84,033 148,498 208,547 388,241 
Total reportable segment operating profit$581,254 $1,013,471 $1,212,140 $1,848,913 
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(1)See Note 15 for additional information.
Our CODM is not provided with total asset information by segment and accordingly, does not measure or allocate total assets on a segment basis. As a result, we have not disclosed any asset information by segment.
Geographic Information

Revenue in the table below is allocated based upon the country in which services are performed (dollars in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2023202220232022
Revenue
United States$4,211,104 $4,436,115 $8,355,700 $8,567,512 
United Kingdom1,055,985 1,046,493 2,051,413 2,032,491 
All other countries2,452,774 2,288,670 4,723,864 4,504,208 
Total revenue$7,719,863 $7,771,278 $15,130,977 $15,104,211