Significant EPS Growth
Adjusted earnings per share increased by 95% to $0.39 year-to-date, marking the strongest first half earnings growth since going public in 2018.
Capital Markets Expansion
Capital Markets revenue grew by 26% in Q2, with substantial hiring of brokers in the Americas, indicating a focus on talent expansion.
Leasing Revenue Growth
Leasing revenue increased 8% in Q2, with strong demand across all asset types and notable activity in the Americas and EMEA regions.
Debt Reduction Achievements
Prepaid an additional $150 million in debt, reducing gross debt from $3.2 billion to $2.8 billion and saving over $45 million in annual interest.
High Client Retention
Achieved a 96% annualized retention rate in the Global Occupier Services (GOS) business year-to-date.
Overall Revenue and Margin Growth
Second quarter fee revenue grew by 7% to $1.7 billion, with adjusted EBITDA rising 15% to $162 million, expanding the margin by 75 basis points to 9.5%.