Jones Lang, CBRE Fall as Brexit Bodes U.K. Real Estate Pause

  • Commercial property service firms have worst declines in years
  • Companies have more U.K., Europe exposure than competitors

CBRE Group Inc. and Jones Lang LaSalle Inc., real estate services firms that do a significant share of their business in the U.K., tumbled as investors speculated on a possible fall-off in property sales and leases after Britons voted to leave the European Union.

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