Wednesday, August 7, 2013

Rising Sales Drive Solid Mid-Year Results for Big CRE Firms




National Commercial Real Estate News From CoStar Group





Rising Sales Drive Solid Mid-Year Results for Big CRE Firms



Brokerage fees from strengthening investment sales and to a lesser extent, leasing, bolstered financial results for the largest publicly traded CRE services in the first half of 2013.

In their recent second-quarter and first-half 2013 earnings statements, CEOs of CBRE Group, Jones Lang LaSalle and FirstService, parent company of Colliers International, said their businesses benefitted from rising fees and market activity associated with a CRE market...






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