CBRE and JLL posted double digit growth in the third quarter of 2015, with Europe the best performing region for both businesses.
The world’s top two agents posted revenues of $2.7bn (£1.8bn) and $1.5bn respectively, reflecting growth rates of 19% and 10% .
The EMEA region accounted for $738m of CBRE’s global revenues, 42% up on the same quarter last year, the result of the company’s acquisition of Global Workplace Solutions.
EMEA revenue rose by 18% excluding GWS.
The company’s global earnings increased by 12% to $326.6m during the period.
CBRE EMEA chief executive Martin Samworth said that every business line had achieved strong growth but highlighted capital markets, occupier outsourcing and hotels as the top performers.
CBRE’s investment management business, CBRE Global Investments, achieved a 9% increase in revenues – 19% in local currency terms – to $114.1m.
JLL’s EMEA business generated $322m in the three months to the end of September, up by 25% on the previous year.
Overall company earnings rose to $190m during the period, up by nearly 14% on the same quarter last year.
Project and development services was the strongest-performing business line globally for JLL, rising by 43% in revenue terms to $232.3m while revenue from capital markets rose by 26% to $223.7m.
LaSalle Investment Management’s revenues were hit by currency fluctuations, dropping by 6% in dollar terms to $134m year-on-year.
JLL president and chief executive Colin Dyer said: “We completed another record quarter at JLL, with double-digit fee revenue growth across all service lines and geographic segments, healthy margin expansion and continued outstanding performance by LaSalle Investment Management.
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Colliers International posted a 39% earnings rise to $43m (£28m) in its first quarter as an independent company.
The rise was fuelled by a 25% rise in local currency revenues to £275m. EMEA revenue contributed £70m.
