Commercial real estate Project Management local-currency revenue growth measures CBRE Project Management segment revenue growth after removing foreign-currency translation effects.
CBRE reported 18.1% local-currency growth in Project Management revenue in the second quarter of 2026. Reported revenue increased 19.1% to $2.045B from $1.717B.
Infrastructure and real-estate projects both contributed
CBRE cited solid infrastructure activity in the U.K., Europe, and the Middle East plus strong real-estate project gains in North America and Asia.
That makes the segment broader than office fit-outs or construction management alone.
Pass-through costs affect reported revenue
Project Management pass-through costs were $1.080B, up from $884M.
Read it with Building Operations local-currency revenue growth and resilient 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 EconomicsRecurring and contract-based services4 of 4 bridge concepts supportedContinue through this bridge:Building Operations GrowthLoan Servicing Portfolio GrowthResilient Business Growth
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Compare Project Management local-currency growth with pass-through costs and infrastructure/real-estate project mix preserved.
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