Construction
The AI Scare Trade Hits Commercial Real Estate: Separating Market Sentiment from Structural Reality
In the span of 48 hours this week, the three largest commercial real estate services firms in the world collectively lost tens of billions of dollars in market capitalization. CBRE Group saw its stock decline more than 20% over two trading sessions. JLL and Cushman & Wakefield each fell by double digits. By Wednesday afternoon,…
February 19, 2026