CBRE Group remains a Buy based on my assessment of its data center business's robust growth and its 2Q2026 financial prospects. CBRE's proportion of EBITDA derived from data centers has gone up from a low single-digit percentage for FY2021 to the mid-teens in FY2025. I expect Q2 2026 earnings to outperform expectations, supported by strong advisory pipelines, the integration of its project management operations, and ongoing share repurchases.
CBRE Group: Eyes On Data Center Potential And Near-Term Financial Outlook
Source: Seeking Alpha