4 Articles
4 Articles
Commercial real-estate giant CBRE sees choppy waters ahead due to tariffs: ‘Our outlook has become less clear’
CBRE beat earnings estimates but executives took a more cautious tone, maintaining guidance for the year rather than raising it because of economic uncertainty and recession fears stemming from the president’s tariff agenda. The world’s largest commercial real estate services company posted an earnings beat but sees choppy waters ahead. Blame the president’s tariffs. Because of “uncertainty created by the tariff situation, our outlook has beco…
CBRE's Strong Earnings That Could Carry It Through Potential Recession
CBRE (CBRE) saw strong growth in global markets, recording billions in profits during the first quarter of 2025. Although markets such as office and industrial have shown few widespread signs of distress from political turmoil, CBRE is still treading lightly going into the second quarter, thanks to uncertainty around tariffs and continually high interest rates, Bob Sulentic, CBRE’s chair and chief executive officer, said Thursday morning during …
Trade War Weighs On CBRE's Growth, But CEO Sees M&A Opportunity In Slowdown
The ongoing trade war kept CBRE from boosting its outlook for 2025 at the end of the first quarter, CEO Bob Sulentic said on the firm's earnings call Thursday. The global brokerage beat analyst expectations in its first-quarter performance, but Sulentic cautioned that the tit-for-tat tariff battle has made clients more hesitant and wary of big decisions about investments in space. “Things didn't go from good to bad. Things went from really good…
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