NEW YORK, July 31, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports
highlighting Realogy Holdings Corp. (NYSE: RLGY), CBRE Group, Inc.
(NYSE: CBG), Jones Lang LaSalle Inc. (NYSE: JLL), CoStar Group Inc.
(NASDAQ: CSGP), and Brookfield Office Properties Inc. (NYSE: BPO).
Today's readers may access these reports free of charge - including
full price targets, industry analysis and analyst ratings - via the
links below.
Realogy Holdings Corp. Research
Report
On July 24, 2013, Realogy Holdings
Corp. (Realogy) reported financial results for Q2 2013. The Company
reported that its net revenue for Q2 2013 was $1.5 billion, indicating a 17.1% YoY increase.
Net income was $84 million in Q2
2013, compared to net loss of $25
million in Q2 2012. Commenting on the results, Richard A. Smith, Realogy's Chairman, CEO, and
President, said, "The material improvement in our second quarter
financial results is largely attributable to the strength of our
business model, the strong performance of management, a
dramatically improved balance sheet with a corresponding material
reduction in interest expense, and a housing market recovery that
is showing resiliency. Recently, there has been renewed focus on
rising mortgage rates and what impact they will have on the housing
market. We believe the recovery is, and will continue to be, a
long-term process." The Full Research Report on Realogy Holdings
Corp. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-28/RLGY]
--
CBRE Group, Inc Research Report
On July 25, 2013, CBRE Group, Inc
(CBRE) reported its financial results for Q2 2013. The Company's
revenue for Q2 2013 amounted to $1.7
billion, an increase of 8.8% YoY. Non-GAAP net income went
up to $101.8 million, or $0.31 per diluted share, in Q2 2013, compared to
$88.0 million, or $0.27 per diluted share, in Q2 2012. Robert Sulentic, CBRE's President and CEO,
commented, "During the quarter, CBRE benefited from our balanced
business mix and focus on serving our clients. Revenue grew solidly
overall with meaningful improvement in all three geographic regions
and continued strength in our global capital markets and occupier
outsourcing businesses. This performance is especially noteworthy
in light of continued weak global economic growth and heightened
financial market volatility late in the quarter." The Full Research
Report on CBRE Group, Inc - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.InvestorsReports.com/report/2013-07-28/CBG]
--
Jones Lang LaSalle Inc. Research
Report
On July 23, 2013, Jones Lang
LaSalle Inc. (Jones Lang LaSalle) announced that it has highlighted
Paris as the hub of European
luxury retail investment in its latest Pulse Report. James
Dolphin, Head of EMEA Retail, commented, "In our Destination Europe
2013 report, Jones Lang LaSalle revealed that Paris can command the highest rents for
international retailers, followed by Zurich and London. Paris
continues to attract the biggest international and national brands
that inevitably look to the city to open flagship stores, in
particular the premium and luxury brands." Further Sophie
Benaïnous, Research Manager at Jones Lang LaSalle, said, "The
luxury sector adapts well and will find business wherever it is.
Luxury brands are now going further still and are looking to leave
the streets of Paris to invest in
shopping centres in the next few years. This diversification is
directly inspired by the malls of the emerging countries, the
successful feedback from which has encouraged the luxury brands to
invest in this new shopping environment." The Full Research Report
on Jones Lang LaSalle Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free
of charge at:
[http://www.InvestorsReports.com/report/2013-07-29/JLL]
--
CoStar Group Inc. Research Report
On July 24, 2013, CoStar Group
Inc. (CoStar) reported its financial results for Q2 2013. The
Company's revenue for Q2 2013 increased to $109.0 million compared to $85.2 million in Q2 2012. EBITDA in Q2 2013 came
in at $25.3 million compared to
$8.2 million in Q2 2012. This
resulted in an EBITDA margin of 23% during Q2 2013, reflecting a
growth of 141% YoY. Andrew C.
Florance, Founder and CEO of CoStar, commented, "Net new
sales in the second quarter grew 49% year-over-year leading us to
our best sales, revenue and EBITDA results ever. Cross-selling
between our CoStar and LoopNet client bases continues to gain
momentum with total revenue synergies now reaching approximately
$27.3 million, a 48% increase from
last quarter. Record net new sales in the United Kingdom following the release of
CoStarGo and CoStar Suite in the U.K. also contributed to our best
ever quarter." The Full Research Report on CoStar Group Inc. -
including full detailed breakdown, analyst ratings and price
targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-29/CSGP]
--
Brookfield Office Properties Inc.
Research Report
On July 26, 2013, Brookfield
Office Properties Inc. (Brookfield Office Properties) declared its
financial results for Q2 2013. The Company reported that its net
income attributable to common shareholders in Q2 2013 was
$441 million or $0.78 per diluted share, compared with
$217 million or $0.38 per diluted share in Q2 2012. Dennis Friedrich, CEO of Brookfield Office
Properties, commented, "The second quarter of 2013 marked a new
phase of growth for Brookfield Office Properties as we announced
the proposed acquisition of the MPG portfolio in Los Angeles and advanced the construction of
the second tower at Brookfield Place Perth." The Full Research
Report on Brookfield Office Properties Inc. - including full
detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-29/BPO]
----
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