Real Estate Stocks Plunge Amid AI Scare Trade

CBRE Group, Inc. (NYSE: CBRE) is the **world's largest commercial real estate services and investment firm**, delivering integrated solutions like leasing, property sales, management, valuation, investment management, and development across every sector and geography.[1][2][5] Headquartered in Los Angeles with over 155,000 employees (including Turner & Townsend) in more than 100 countries, it serves nearly 90 Fortune 100 clients and manages $155 billion in assets.[1][2] Tracing roots to a 1906 San Francisco firm, CBRE evolved through strategic growth: acquiring Insignia ESG in 2003 for dominance in New York and London; going public in 2004 and joining the S&P 500 in 2006; merging with Trammell Crow Company that year to lead outsourcing; snapping up ING's real estate arm in 2011 ($90 billion AUM boost) and rebranding; and bolstering facilities management via Johnson Controls in 2015, when revenue first topped $10 billion.[3] **Key achievements** include #1 global rankings in leasing, sales, outsourcing, management, and valuation; top commercial real estate brand for 24 straight years (2025 Lipsey survey); World's Most Ethical Company for 11 years (Ethisphere); and Trammell Crow as top U.S. developer for eight years.[1][3] Revenue climbed from $21.3 billion (2018) to $31.9 billion (2023), with net income fluctuating but resilient amid market shifts.[4] A Fortune 500/S&P 500 powerhouse, it holds 9.7% U.S. market share in real estate sales/brokerage as a "Rising Star."[4] Today, CBRE thrives on proprietary tech, data-driven insights from 500 researchers, and four segments: Advisory Services, Building Operations & Experience, Project Management, and Real Estate Investments.

**Jones Lang LaSalle (JLL)** is a leading global professional services firm specializing in commercial real estate and investment management, helping clients buy, build, occupy, manage, and invest in diverse properties worldwide.[1][3][4] Founded through mergers tracing back over 200 years— including LaSalle Partners (established 1968 in Chicago) and Jones Lang Wootton—JLL officially formed in 1999 and is headquartered in Chicago, Illinois.[1][3][6] By 2016, it had acquired 80 companies, established 100 offices, and grown LaSalle Investment Management to oversee $58 billion in assets.[3] Today, as a **Fortune 500** company ranked 188th, JLL operates in over 80 countries with 102,000–112,000 employees and reported $19.4 billion in annual revenue.[2][3] JLL delivers a broad suite of services: property and facilities management, leasing, valuation, project management, workplace strategy, asset management, development, and sustainability consulting.[1][3][4] Its tech arm, **JLL Technologies (JLLT)**, powers solutions across 14 billion square feet of real estate, leveraging AI, PropTech via JLL Spark venture fund, and innovations for net-zero goals.[3][5][6][7] Under CEO Christian Ulbrich, JLL invests heavily in AI—more than any real estate peer—driving smarter buildings, flexible workspaces, and decarbonization.[1][7] Key achievements include a 2040 net-zero emissions pledge (51% Scope 1-3 reduction by 2030 from 2018), partnerships with top clients for decarbonization, and recent moves like acquiring Javelin Capital for clean energy expertise and supporting 18 startups via JLL Foundation loans since 2022.[2][7] In 2024, JLL marked 25 years o

**Cushman & Wakefield** is a leading global commercial real estate services firm, providing full-service solutions like brokerage, property management, leasing, site selection, and capital markets advisory for occupiers and owners worldwide.[1][2][3][5] Founded on October 31, 1917, in New York City by brothers-in-law J. Clydesdale Cushman and Bernard Wakefield as a small family business, it expanded nationally in the 1960s and formed a worldwide partnership in 1994 across the U.S., Europe, Asia, and beyond.[1][2] A pivotal 2001 acquisition of Cushman Realty Corporation brought family descendants back into leadership, strengthening its U.S. West Coast presence.[2] The transformative 2015 merger with DTZ—majority-owned by TPG, PAG, and OTPP—catapulted it to $6 billion in revenue and 45,000 employees, handling $191 billion in transactions and 4.3 billion square feet under management by 2016.[2] Today, headquartered in Illinois as a public company, it boasts **52,000 professionals** across **400 offices in 60 countries**, managing **5.1 billion square feet** of space.[2][3][5][6] It reported **$9.5 billion in 2023 revenue** (rising to **$9.4 billion in 2024**), with a notable 1.9% U.S. market share in property management.[2][5][6] Key achievements include iconic projects like Shanghai's Silver Court and Chicago's Sears Tower, plus awards for client impact and ESG initiatives under "Living Change Now."[1][4] Notable aspects highlight its innovative edge: a commitment to diversity, equity, and inclusion across its global workforce; the Cushman & Wakefield Charitable Foundation supporting STEAM education, affordable housing, and youth programs; and forward-thinking insights on trends like Asia-Pacific capita