Strong Revenue Growth
Both resilient and transactional businesses achieved double-digit revenue growth, with resilient revenues rising 17% and transactional businesses growing at 15%.
Record Global Leasing Revenue
Global leasing revenue was the highest for any second quarter in company history, driven by strong demand for office space.
Increase in Core EPS Guidance
CBRE raised its core EPS expectations for the year to a range of $6.10 to $6.20, representing better than 20% growth for the year.
Growth in Advisory Services
Advisory Services revenue rose 14% with SOP growing 31%, driven by 250 basis points of margin expansion.
Strong Performance in Project Management
Project Management achieved 13% revenue growth and 18% SOP growth, benefiting from the integration with Turner & Townsend.