CBRE has reported 5% growth in its global revenue to $3bn (£2.3bn) with adjusted earnings up 7% to $303.2m in the first quarter of 2017.
The company posted a 2% rise in fee revenue from EMEA to $476m, which reflected a 10% rise in local currency.
EMEA revenue was affected by foreign exchange movements, CBRE said, particularly from the devaluation of the pound.
Overall revenue in the UK rose by 8% in pound terms, with 9% growth in leasing and 5% growth in sales.
Martin Samworth, chief executive of EMEA at CBRE, said the year started with double-digit growth across its European business, including in Germany, Spain and Switzerland.
He added: “Notably, our business in London had a very strong start to the year, driven by high levels of activity from overseas investors.
“While we are mindful of the broader macro-economic environment, we enter the second quarter with our business in great shape across the region and we are well positioned to deliver exceptional outcomes for our clients.”
Bob Sulentic, president and chief executive of CBRE, said the company focused on becoming a more “balanced and capable enterprise”, which involved growing its operating platform and service offering.
He said: “This was clearly evident in our first-quarter results, with excellent top-line and bottom-line organic growth across our regional services businesses globally.
“This growth came against a backdrop of lower sales market volumes in many parts of the world. Our earnings were further enhanced by the steps we took in late 2015 and 2016 to calibrate our costs while also investing in our strategy.”
In recent years, CBRE has grown its facilities management businesses, acquiring Norland for £230m in 2013 and JCI’s Global Workplace Solutions in 2015.
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