What is the market expecting?

摘要

The share prices of both firms have risen significantly since the spring in expectation of an improvement in profits.Back in March CBRE's shares dropped to a low of $2.36 and JLL's fell to $16.99, as investors worried about the companies' financial health and the state of global real estate markets. But after raising new equity and refinancing their debt, both firms have allayed concerns, although they both still have high levels of debt.