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Real Estate Stocks Sink as Worries About AI Risks Spread
Shares of CBRE Group Inc., a major commercial real estate services company, fell 8.8%, bringing the two-day decline to 20% in the worst such move since 2020. Jones Lang LaSalle Inc. fell 7.6% Thursday, Cushman & Wakefield Ltd. dropped 12% and Newmark Group Inc. slid 4.2%. An index tracking stocks of office real estate companies retreated 4.2%. Feb 12, 2026 - $CWK
AI Jitters Spread to Commercial Real Estate
Commercial real estate services firms this week have become one of the latest sectors to feel the stock market’s anxiety over artificial intelligence. Shares of companies such as CBRE, Jones Lang LaSalle and Cushman & Wakefield fell sharply Wednesday and Thursday—down more than 25% for the two days—amid fears that AI could automate research, pricing analysis and deal sourcing. Still, the AI concerns surfaced prominently on CBRE’s earnings call Thursday, even though the company reported record fourth-quarter revenue and double-digit earnings growth. Feb 12, 2026 - $CWK
Real Estate Services Stocks Sink in Latest ‘AI Scare Trade’
For CBRE and Cushman & Wakefield, the moves marked the biggest drop since 2020 in the midst of the Covid-driven market selloff. “We believe investors are rotating out of high-fee, labor-intensive business models viewed as potentially vulnerable to AI-driven disruption,” Keefe, Bruyette & Woods analyst Jade Rahmani wrote in a note to clients Wednesday. Feb 11, 2026 - $CWK
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