4/5/2024, 11:09:02 am

CBRE's revenue rise 7.1% to $7.94 billion in Q1 2024

BENGALURU: Real estate services provider CBRE Group's first-quarter profit beat analysts' estimates on Friday, helped by higher leasing demand at a time when commercial property sales remain under pressure from elevated interest rates. "Leasing outperformed expectations, driven by office leasing growth globally," CBRE CEO Bob Sulentic said. The company's global leasing revenue rose 4%.