JUST IN: One of the largest US luxury brokerages, Christie’s International Real Estate, becomes first major brokerage to create a division to "exclusively" handle property sales made in Bitcoin & crypto, New York Times reports. ...

Core Insights - CBRE Group, Inc. is set to announce its Q2 2025 earnings on July 29, showcasing its leadership in real estate services with a comprehensive suite of offerings [1] - The company reported a 6.2% earnings surprise in the last quarter, with a net revenue growth of 17%, closely aligning with an 18% increase in transactional businesses [2] Financial Performance - Over the past four quarters, CBRE has consistently surpassed the Zacks Consensus Estimate, with an average earnings beat of 10.4% [3] - The Zacks Consensus Estimate for Q2 revenues is $9.36 billion, indicating an 11.6% year-over-year increase, while the EPS estimate has slightly decreased to $1.05, still reflecting a 29.6% year-over-year growth [7][8] Business Strategy and Market Trends - CBRE is focusing on building a balanced operating model with a shift towards contractual revenues, which is expected to support performance [3] - The demand for outsourcing services is providing significant growth opportunities, particularly in facilities management across key sectors like technology, industrial, data centers, and healthcare [4] - The company is investing in technology to enhance operational efficiency and client solutions, which is likely aiding in navigating current market challenges [5] Market Conditions - Despite a gradual recovery in the Advisory Services segment, ongoing macroeconomic uncertainties and elevated interest rates are impacting commercial real estate transaction activities [6][8]

Group 1 - CBRE Group is the global leader in the real estate service market, holding the 1 position in leasing, property sales, outsourcing, appraisal, and property management markets [1] - Financial institutions have consistently increased asset allocations to the real estate market over the past few years [1]

Core Insights - Newmark Group, Inc. has been engaged by Jack in the Box Inc. to oversee the strategic disposition of 150 to 200 restaurant locations primarily in the western United States [1][2] - This initiative is part of Jack in the Box's broader strategy to streamline operations and enhance financial performance [2] Company Overview - Newmark Group, Inc. is a leading commercial real estate advisor and service provider, generating over $2.8 billion in revenues for the twelve months ended March 31, 2025 [4] - The company operates from 165 offices with approximately 8,100 professionals across four continents [4] Service Offerings - Excess Space Retail Services, a Newmark company, specializes in lease restructuring, terminations, subleasing, and property sales, having helped clients reduce real estate liabilities by more than $6 billion [3] - The team employs a combination of financial analysis, local brokerage coordination, and transaction management to support clients undergoing strategic changes [3]