CBRE raises full-year profit forecast on strong leasing demand
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CBRE has raised its full-year profit forecast due to strong leasing demand, particularly in the U.S., as companies return to offices. The company's shares rose 2.6% in premarket trading. CBRE now expects core earnings per share for 2025 to be between $6.25 and $6.35, up from previous estimates. In Q3, CBRE reported a net income of $363 million, or $1.21 per share, with total revenue rising 13.5% to $10.26 billion.
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