Commercial real estate services firms, including CBRE, JLL, Cushman & Wakefield, Colliers, and Newmark, have raised their 2025 financial outlook after posting strong second-quarter earnings driven by increased commissions from property sales and leasing, as well as higher management fees. The recovery is being attributed to sustained demand for office space, return-to-office mandates from major companies and government entities, and improved deal activity across key markets. While economic uncertainty such as higher tariffs and slowing job growth remains a concern, executives report that these factors have not significantly disrupted dealmaking. Smaller firms and major landlords like Piedmont Realty Trust and Hudson Pacific Properties are also showing signs of recovery, with increased leasing activity and stronger pipelines. However, office investment sales remain sluggish due to high interest rates, and the national office vacancy rate remains elevated at over 14%.

PLDT Enterprise and JDN Realty have signed a long-term digital partnership to advance regional connectivity and innovation. The collaboration focuses on integrating PLDT's fiber solutions into JDN's Nepo Mall Jaen project in Nueva Ecija, supporting community development and regional economic growth.

The 2025 BOMA International TOBY Awards honored 17 commercial real estate properties across various categories, including Corporate Facility, Earth, and Mixed-Use, with The Home Depot as the sponsor.

As the U.S. housing market cools and multifamily REITs face challenges, Piedmont Realty Trust (PDM) positions itself as a resilient office REIT in Sunbelt markets. With a focus on healthcare, logistics, and small-to-midsize businesses, PDM benefits from lower supply risk and tenant diversification. Its upcoming Q2 2025 earnings report, along with a strong lease backlog and balance sheet strength, could drive a positive rerating despite sector skepticism.

JPMorgan Chase & Co. cut its price target for Piedmont Office Realty Trust (PDM) to $8.00, while other analysts like Truist Financial and Robert W. Baird also reduced their price objectives. The company’s CFO, Sherry L. Rexroad, recently purchased 16,850 shares of PDM stock, signaling management confidence. PDM beat EPS estimates but missed revenue, creating mixed signals for investors.