Dallas-based commercial property firm CBRE Group saw a more than 20% increase in second-quarter revenues, fueled by growth in leasing, management and development.
CBRE reported $7.8 billion in revenues for the most recent quarter and continues to see its performance rebound from declines suffered early in the pandemic.
“All three business segments posted double-digit revenue and segment-operating profit growth, despite the significant currency headwinds that affected all U.S.-based global companies,” CBRE president and CEO Bob Sulentic said in a statement. “These results reflect the benefits of our diversification strategy and an economic backdrop that was still generally supportive despite heightened macro concerns.”
