Commercial real estate leasing local-currency revenue growth measures year-over-year change in CBRE global leasing revenue after removing foreign-currency translation effects.
CBRE reported 23% local-currency leasing revenue growth in the second quarter of 2026. Reported leasing revenue increased 24%.
Growth was broad across regions
The U.S. increased 24%, EMEA rose 22% in local currency, and APAC grew 20% in local currency.
CBRE said office and industrial activity led U.S. growth.
Revenue growth is not square-footage growth
Leasing revenue can reflect transaction size, commission rates, property mix, geography, and deal count.
Read it with Advisory local-currency revenue growth and transactional business revenue growth.
Primary source: CBRE Q2 2026 SEC-filed earnings release.
Part of the Commercial Real Estate Services Growth Economics
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- CBREOpen operating-model research →10 of 10 reviewed concepts in Commercial Real Estate Services Growth EconomicsAdvisory transaction and valuation activity5 of 5 bridge concepts supportedContinue through this bridge:Advisory Local-Currency GrowthMortgage Origination GrowthProperty Sales Local-Currency GrowthValuations Local-Currency Growth
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