The stock market hit a rough patch after the New Year, but it appears to be recovering, having taken back some of its losses.

On the real estate front, however, the news is much rosier. The two real estate juggernauts CBRE and JLL have been seriously outpacing the S&P 500 since Jan. 1. CBRE is up 4.3% and JLL is charging ahead with an 18.3% gain.

The strong performance on Wall Street reflects the real estate recovery, which will fuel sales, brokerage commissions and an assortment of other fees.

There is another angle here, though. As the stocks and earnings keep rising, we may see an active M&A market as CBRE and JLL focus on driving growth through expanding offices, hiring staff, and making strategic acquisitions of smaller firms. There are a number of firms that must be in their radar screens, and I fully expect to real about this or that acquisition in the coming months.

Happy days are here again.



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Director, Real Estate
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Private Equity Associate (PRE-MBA)
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Real Estate Analyst
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Asset Management Associate
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BOSTON PROPERTIES
Vice President, Controller
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Chief Communications Officer
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DELOITTE LLP
Workplace Strategy Designer
(TORONTO, ONTARIO) Position will focus on anticipating real estate issues and building solutions supporting the business requirements, aligned with the Corporate Real Estate space strategy. Additional duties include promoting and evolving the Alternative Work Styles (AWS) program and ensuring participants have the resources, training, services and support to work effectively in their work arrangement; acting as a primary source of real estate information for the business units on a day-to-day basis to foster a good working relationship; and working closely with business units to help achieve their real estate–related goals by monitoring the occupancy and business trends of their business.

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