CBRE delivered another strong quarter with double-digit growth across core segments, driven by robust leasing, sales, and infrastructure services, supported by secular tailwinds and strategic market positioning.

• Revenue increased 20% across Advisory, Building Operations & Experience, and Project Management, with transactional business growth peaking at 22%.
• Data center land development profits were realized earlier than planned, contributing to stronger earnings and embedded gains of ~$900 million to be monetized over time.
• Infrastructure services, including critical data center and telecom assets, generated nearly $950 million in Q1 revenue, up over 60% YoY, reinforcing the company’s focus on resilient, secular growth drivers.
• EPS outlook upgraded to $7.60–$7.80 for 2026, implying over 20% growth at the midpoint, assuming favorable economic conditions.
• Free cash flow remained strong, with $1.7 billion generated in the quarter, underpinning disciplined capital allocation and reinvestment strategies.