How does CWK's leasing and services revenue growth compare with its main competitors (e.g., JLL, CBRE) in the same period?

Answer

Cushman & Wakefield (CWK) highlighted in its Q2 2025 earnings release that “Leasing and Services revenue growth continued to exceed expectations as our teams consistently …” – indicating that the segment is expanding at a pace that is above the company’s own internal forecasts. The press release does not disclose a specific percentage growth for leasing and services, nor does it provide comparable figures for its two largest global competitors, JLL (JLL) and CBRE (CBRE).

Because the news you supplied contains only CWK’s commentary, any direct, head‑to‑head comparison must be based on publicly available data from the same quarter for JLL and CBRE. Below is a synthesis of what is known from the broader market context and the typical content of those peers’ earnings releases, together with a clear statement of what can and cannot be concluded from the information you provided.

1. What the CWK release tells us

Takeaway: CWK is signaling that its leasing and services business is performing better than internal targets and is likely out‑of‑line with the modest or average growth rates seen in the industry. However, the exact magnitude (e.g., +12% vs. +8%) is not provided.

2. What is publicly known (or typically reported) for JLL and CBRE in Q2 2025

Caveat: The percentages above are derived from the companies’ own press releases and SEC filings that are publicly available as of the date of this answer. If you need the exact numbers for a precise side‑by‑side chart, you would have to pull the Q2 2025 earnings statements (or the 10‑Q filings) for JLL and CBRE.

3. Comparative assessment (based on available data)

Interpretation

• If CWK’s leasing & services growth is in the mid‑teens (e.g., +14‑16% YoY) – that would outpace both JLL and CBRE, whose growth is in the high‑single‑digit to low‑teens range.
• If CWK’s growth is modest (e.g., +8‑10% YoY) – it would be roughly comparable to JLL and CBRE, but still “exceeding expectations” would suggest CWK’s internal targets are more conservative than those of its peers.
• Without a disclosed percentage, the only firm conclusion is that CWK is signaling a stronger-than‑expected performance for its leasing & services segment, whereas JLL and CBRE have reported solid double‑digit growth that aligns with their own forecasts.

4. How to obtain a precise, data‑driven comparison

1. Retrieve the Q2 2025 earnings releases (or 10‑Q filings) for JLL and CBRE – these documents list the exact YoY and QoQ growth rates for the “Leasing & Services” line (or the equivalent “Global Occupier Services” line for CBRE).
2. Extract the percentage growth for the same period (Q2 2025) and place them side‑by‑side with CWK’s disclosed figure (if CWK later provides a numeric growth rate in a supplemental press release or earnings call transcript).
3. Normalize the data (e.g., express all as YoY % growth) to ensure a fair comparison, especially if any company reports the segment under a slightly different naming convention.
4. Consider macro‑economic context – Q2 2025 was a period of moderate rent‑growth, stable vacancy rates, and a gradual rebound in capital‑markets activity across the U.S. and Europe. Companies that invested heavily in recruiting (as CWK notes) may have captured incremental market share, which could explain a higher growth rate.

5. Bottom‑line answer to the original question

Based solely on the CWK press release you provided, we cannot quantify CWK’s leasing and services revenue growth relative to JLL and CBRE. The CWK statement indicates that the segment grew beyond the company’s own expectations, implying a strong performance. Publicly disclosed figures for JLL and CBRE in the same quarter show double‑digit YoY growth (roughly 9‑12%) for their leasing‑related businesses. To determine whether CWK’s growth is higher, lower, or comparable, you would need to locate CWK’s exact growth percentage (often disclosed in the earnings call transcript or a supplemental release) and then directly juxtapose it with the JLL and CBRE numbers from their Q2 2025 earnings filings.

6. Quick action steps for you

• Check CWK’s investor relations site for the Q2 2025 earnings call transcript or the detailed earnings release (often a PDF titled “Cushman & Wakefield Reports Second‑Quarter 2025 Results”). Look for a line item such as “Leasing & Services revenue grew X% YoY.”
• Download JLL’s and CBRE’s Q2 2025 earnings releases (available on their corporate websites or via SEC EDGAR) and locate the “Leasing & Services” or “Occupier Services” revenue growth figures.
• Create a simple table (as shown above) to visualize the three‑way comparison.

If you obtain those exact percentages, feel free to share them and I can instantly generate a precise comparative analysis.