Should Investors Retain CBRE Group (CBRE) Stock for Now?
CBRE(CBRE) ZACKS·2024-06-21 15:51
CBRE Group's (CBRE) wide array of real estate products and service offerings and healthy outsourcing business positions it well for growth. However, persistent macroeconomic uncertainty and its adverse impact on commercial real estate transactions raise concerns for the company. High interest rates add to its woes. CBRE, the largest commercial real estate services and investment firm (based on 2023 revenues), holds extensive knowledge of domestic and international real estate markets. This helps it enjoy a ...