Financial research concept

Advisory Sales Revenue

CBRE Advisory sales revenue measures revenue from commercial property sales transaction services within Advisory Services.

By Lee BaileyPublished Sep 24, 2026
Research context

See what supports this page, how current it is, and where comparable or historical context is available.

Research date
Sep 24, 2026Use the dated article and cited sources for the definition, examples, and stated limitations.
Operating-model context
17 connected conceptsPart of the reviewed Commercial Real Estate Services Economics; issuer definitions remain distinct where disclosed.
Company examples
1 reviewed companyRelationships reflect supported examples, not a normalized cross-company KPI ranking.
  1. What moves it
  2. Investor caution
  3. Part of the Commercial Real Estate Services Economics
  4. See It in Company Research
  5. Continue Research

advisory sales revenue is an issuer-specific CBRE operating measure. CBRE reported $2.120 billion for 2025.

What moves it

Advisory sales revenue is tied to commercial property transaction activity and therefore tends to be cyclical with capital availability, investor confidence, asset values, and market liquidity.

Investor caution

This is transaction-services revenue, not the dollar value of properties sold and not investment gains from CBRE's own real estate investments.

Primary source: CBRE 2025 Form 10-K.

Part of the Commercial Real Estate Services Economics

Connect transaction advisory, outsourced building operations, project management, investment services, pass-through costs, and segment profitability to understand commercial real estate services economics.

How the model fits together
  • Transaction advisory activity and monetization: Advisory Services revenue and operating profit connect the transaction cycle to segment earnings, while leasing and property-sales revenue expose two major transactional drivers. Advisory margin should be interpreted with transaction mix and seasonality rather than as a fixed structural rate.
  • Outsourced operations, projects, and pass-through scale: Building Operations & Experience and Project Management can report large gross revenue because client-funded pass-through costs are recognized in both revenue and expense. Facilities-management and property-management revenue add service-mix context, while segment profit and margin show how those businesses convert reported revenue into earnings.
  • Real estate investment-services economics: Real Estate Investments revenue, segment operating profit, and margin isolate CBRE's investment-management and development economics from the much larger fee and outsourcing businesses. Disposition gains, equity income, and other segment adjustments can make the segment's reported profit especially period-sensitive.

See It in Company Research

These companies are examples of how the concept is reported or discussed in public filings. Definitions can differ by issuer; these links open company research rather than a normalized metric comparison.

Continue Research

Continue from the concept into the Grizzly Bulls research surface that best matches the next question. These links are research continuations, not recommendations or required steps.

Compare stocks

Compare commercial real estate services stocks

Continue into stock comparison after reviewing transaction revenue, outsourced building operations, project management, investment services, and pass-through economics.

Continue research

Explore more topics in the Financial Research Encyclopedia.