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Market Impact: 0.35

The Zacks Analyst Blog Highlights Jones Lang LaSalle, CBRE Group and Cushman & Wakefield

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Jones Lang LaSalle, CBRE and Cushman & Wakefield are benefiting from outsourcing trends and workplace transformation, driving growth despite ongoing real estate headwinds. Demand for outsourced real-estate services and workplace redesign is propping up fee revenues and advisory work even as core property markets remain soft. The news is sector-positive for large commercial real-estate services firms, but does not indicate a broad recovery in property fundamentals.

Analysis

Jones Lang LaSalle, CBRE and Cushman & Wakefield are benefiting from outsourcing trends and workplace transformation, driving growth despite ongoing real estate headwinds. Demand for outsourced real-estate services and workplace redesign is propping up fee revenues and advisory work even as core property markets remain soft. The news is sector-positive for large commercial real-estate services firms, but does not indicate a broad recovery in property fundamentals.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.30

Ticker Sentiment

CBRE0.40