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Fortune
Fortune
Alena Botros

Commercial real estate giant CBRE sees choppy waters ahead due to tariffs: ‘Our outlook has become less clear’

(Credit: Andrew Harrer/Bloomberg via Getty Images)
  • CBRE beat earnings estimates but executives took a more cautious tone, maintaining guidance for the year rather than raising it, because of economic uncertainty and recession fears stemming from the president’s tariff agenda. 

The world’s largest commercial real estate services company posted an earnings beat but sees choppy waters ahead. Blame the president’s tariffs. 

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