CBRE maintains annual core profit forecast, flags 'less clear' outlook due to tariffs
Return-to-office trends have improved as office occupiers regain confidence and boost leasing activity, particularly in the U.S. Meanwhile, a rebound in property sales, especially in the Americas and EMEA, points to growing investor appetite. However, a wave of sweeping and erratic tariffs imposed by U.S. President Donald Trump has caused chaos in global markets, with companies finding it difficult to predict where their businesses stand and plan for possible scenarios. "Since (the end of the first quarter), driven by the uncertainty created by the tariff situation, our outlook has become less clear," CBRE CEO Bob Sulentic said.