Leasing, services lead to steady quarterly earnings for big FM firms

Commercial services firms saw success in office and industrial leasing activity, while major building control and automation companies worked through tariff impacts, according to earnings reports.

By Joe Burns • Aug. 15, 2025

Heat pump adoption expected to grow despite federal shift

The One Big Beautiful Bill Act accelerates a move toward affordability, ease of installation and retrofit readiness, according to one manufacturer.

By Joe Burns • Aug. 14, 2025

Office occupiers seek ways to improve vibrancy of space: CBRE

Workers that go into the office when it’s only partially full don’t find the environment appealing and are less likely to return the next day, the firm reports. 

By Joe Burns • Aug. 11, 2025

JLL sees continued demand for increasingly scarce energy efficient assets

Strong growth in workplace, property and project management drove an increase in the firm's real estate services revenue during the second quarter. 

By Joe Burns • Aug. 6, 2025

Cushman & Wakefield sees success in services retention, leasing in Q2

The firm has benefited from a flight to quality in office and industrial markets, with companies continuing to make deals despite tariff-driven volatility, CEO Michelle MacKay says.  

By Joe Burns • Aug. 5, 2025

Colliers engineering segment grows 67% in Q2

The firm secured contracts for infrastructure development and large-scale projects in the private sector and expects leasing to tick up.

By Joe Burns • Aug. 1, 2025

Data centers drive Schneider Electric gains as tariffs bite

The company expects its pricing power to help it offset tariff impacts and inflation over the next quarters.

By Brian Martucci • Aug. 1, 2025

Data center demand buoys Johnson Controls’ Q3 earnings

Tariff impacts were noticeable but manageable on strong internal execution, the company says. Looking to the fourth quarter, it’s taking a conservative view.

By Brian Martucci • July 30, 2025

CBRE’s building operations, project management and leasing segments surge

The firm’s resilient businesses, including facilities management, grew faster than transactional revenue, which also performed well as companies executed growth plans.

By Joe Burns • July 29, 2025

With acquisition, Limbach pushes into long-term facility services

By adding Pioneer Power to its operations, the specialized facility solutions company is furthering a shift to maintenance and other agreements with building owners.

By Joe Burns • Updated July 14, 2025

Utilities, energy developers back Senate’s more lenient tax credit timeline

A powerful coalition of trade associations and energy groups thanked senators for rolling back some of the House version’s deepest cuts, but the two chambers will need to agree on a final bill.

By Brian Martucci • June 26, 2025

Judge strikes down National Science Foundation’s 15% funding cap for research overhead

The new ruling blocks an effort to cap research overhead reimbursements, which universities use to support development and maintenance of laboratories and facilities.

By Natalie Schwartz • June 25, 2025

Senate Finance Committee reduces House IRA cuts, but few changes for wind and solar

Wind and solar projects must begin construction by the end of 2025 to qualify for the Inflation Reduction Act’s full 45Y and 48E tax credits in the Finance Committee's proposed budget bill.

By Diana DiGangi • June 25, 2025

Canada threatens further tariffs on US steel, aluminum

The exact new rate will depend on progress made toward a tariff deal with the Trump administration that is slated to begin July 21.

By Philip Neuffer • June 23, 2025

For the big players in facilities management, a good quarter

Despite tariff uncertainty and recent reorganizations, the four largest U.S. commercial real estate brokerages — CBRE, JLL, Cushman & Wakefield and Colliers — reported strong growth in the first quarter. 

By Robert Freedman • May 16, 2025

HqO launches platform to link building operations, tenant experience and financial outcomes

The platform aims to unify disconnected data and processes and provide a system of record for tenant experience that can help inform asset value and decision-making.

By Joe Burns • May 15, 2025

Building obsolescence risks can help guide renovation planning: JLL

Deep retrofits of central business district office assets can generate well over $3,500 per square meter while saving upwards of 60% on energy costs, the company says.

By Joe Burns • May 12, 2025

JLL sees successful Q1 for new real estate management services segment

The company benefited from growth in its workplace and project management businesses, along with a broader recovery in the office sector, but it won’t predict future market conditions. 

By Joe Burns • May 9, 2025

Tariff impacts are manageable, Johnson Controls says

The building solutions company is also confident it can manage increased competition in the data center cooling market, executives said in an earnings call this week.

By Brian Martucci • May 8, 2025

Colliers’ engineering segment booms, but tariffs postpone long-term leasing decisions

Talk about tariffs on services raises an additional concern for the company, although its decentralized structure could help it avoid higher costs, executives said. 

By Joe Burns • May 7, 2025

Energy-as-a-service vs. energy performance contracts: a primer

Both models can provide energy efficiency upgrades with no upfront costs, but asset ownership is one point on which they diverge.

By Joe Burns • May 1, 2025

Cushman & Wakefield unfazed by tariff uncertainty, bolsters services

The company’s services business is now mostly mechanical and engineering, after being known as a janitorial business, CEO Michelle MacKay said. 

By Joe Burns • April 30, 2025

Coworking space grows nationwide, but prices and size trends vary

Demand for space from hybrid teams, solo workers and enterprise clients will likely continue to drive expansion in top-tier cities as well as previously overlooked metro areas, CoworkingCafe says.

By Joe Burns • April 29, 2025

CBRE’s property management surges, but tariffs cloud company outlook

The firm saw outsized growth in its local facilities management business in the U.S., and noted immediate wins from a reorganization that took place earlier this year.

By Joe Burns • April 25, 2025

Newmark to combine property, facilities management

The move is seen as a way to boost recurring revenue by making it easier to expand what the company offers building owners and to cross sell them services.

By Robert Freedman • April 15, 2025