Real estate services stocks sink in latest ‘AI scare trade’ - News Summed Up

Real estate services stocks sink in latest ‘AI scare trade’


(Feb 12): Real estate services stocks sank on Wednesday as investors assessed the companies’ vulnerability to the newest crop of artificial intelligence (AI) applications and tools that threatens to disrupt several industries. Shares of CBRE Group Inc and Jones Lang LaSalle Inc plunged 12%, and Cushman & Wakefield Ltd dropped 14%. For CBRE and Cushman & Wakefield, the moves marked the biggest drop since 2020 in the midst of the Covid-driven market sell-off. The drop in the stocks seems “excessive given limited news flow today,” Barclays’ Brendan Lynch said. The analyst noted that some of the weakness stems from fears that AI will disrupt the job market and commercial real estate demand.


Source: The Edge Markets February 11, 2026 22:37 UTC



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