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focus with resiliency progress. to all gains in on long-term Two double-digit recent of committed compound our our a businesses are highlight growth. earnings significant through-cycle wins driving and We particular
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property square for provide history partnership largest office strategic million in management our portfolio Properties, XX sector. Brookfield our U.S. services of Second, is among the the foot
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growth We EPS percentage when This lead has precise to to be co-investment also that to our and Bob. and any results midpoint and see reflects attractive REI fall. long-term half detail.
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or as used X businesses. either tailwinds. because used it CBRE and cycle those several our regularly Page secular their more I to from they turn being resilient well market resilient as insight is of down please performance, segment sector. defines to into last because in now in businesses quarters, characteristics this earnings turning our hold our We've the over broadly a Before benefit provide calls in which up term noncyclical
we term, a resilient of of GWS global nearly group billion valuation, SOP following increase business. sixfold generate XXXX, billion segment, loan entire crisis. expected from recovery are are and financial of the this of full we market would $X.X businesses, those the asset referencing.
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AUM $X down year, billion. was the For
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estate real rebounded, effect markets the Real are being down. written target of approaching equity denominator easing private are public have and allocations values this an reflects estate while levels as
XXXX. leasing expect to modestly We grow in
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feet. square for demand leasing deals, strong should Additionally, properties XXX,XXX industrial for relatively particularly under remain
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Shifting to REI.
SOP of to improved Note SOP We expect which as operating modestly $XXX co-investment Investment development XXXX in higher generated and XXXX's drive below returns. to stabilizing XXXX single Management, market profit included be last more we expect promote profit a than million that slightly year's conditions sales, QX. fees portfolio level. from In increase in
expect attractive have of market hundreds we portfolio sold We rates, of will development at prior embedded of and higher cost with market cap cap in our peak be the expect projects at to will than this current be development the an subdued of our At as monetize we pipeline the of in-process profit underwrote millions year between spread dollars we current cycle. rates profit operating a operating new value. of opportunities market and
we are On XXXX. about cautiously balance, optimistic
of half. expectation with weighted on levels, to anticipated the be likely proceeding Our EPS usual core to U.S. the $X.XX are the This more heavily and cuts to economy rate remaining the second a earnings around rates recession. of short-term long-term current contingent year's is than $X.XX feds achieving interest avoiding
to expected contribute the XXXX what we the first percentage while quarters EPS, of are The will a annual account third half similar and of distribution to total. had quarter This second also core mid-teens approximately in recovery. X/X we experienced fourth is when for a
We core is a continue businesses. and That businesses to see prior supported path our our in continued EPS peak growth returning by path our resilient to transactional gradual double-digit in recovery a XXXX. to in
CBRE line can rebounding open please Importantly, prior operator, that, transactional levels.
With businesses, reach questions. our to earnings SOP without record XXXX the for
