Thursday 29 October 2020

CBRE income falls nearly 10%

CBRE’s income fell nearly 10 percent during the third quarter as the pandemic forced large office tenants to put their leasing decisions on hold. Income for the world’s largest real estate services firm fell 9.2 percent from July through September compared to the same time last year to $245 million, the company reported Wednesday. CEO Bob Sulentic said revenue was being pushed down as large corporate occupiers kicked the can down the road on major



source https://therealdeal.com/2020/10/29/cbre-income-falls-nearly-10/

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