Jones Lang LaSalle

Jones Lang LaSalle, Inc. engages in the provision of professional services which specialize in real estate and investment management. It operates through the following geographic segments: Americas, Europe, Middle East and Africa (EMEA, Asia Pacific, and LaSalle Investment Management (LaSalle). The Americas, EMEA, and Asia Pacific segments provide leasing, capital markets, integrated property and facility management, project management, advisory, and transaction services. The LaSalle segment offers investment management services on a global basis to institutional investors and high-net-worth individuals. The company was founded by Richard Winstanley in 1783 and is headquartered in Chicago, IL.

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Jones Lang LaSalle (JLL) reports Q4 challenges, eyes 2023 recovery

JLL faced challenges in Q4 with declines in fee revenue and adjusted EBITDA, but saw strength in retail, hotel, and industrial sectors.
Cost actions were taken to mitigate impacts, and the company plans to focus on improving free cash flow and capital allocation in 2023.
Executives are optimistic about a recovery in capital markets activity and emphasize strategic investments in technology and cost management.
Despite short-term challenges, JLL's focus on resilient business lines and return on invested capital positions it for long-term growth and stability.

JLL faces revenue decline but eyes recovery in growth sectors

JLL navigated a tough Q1 marked by revenue and EBITDA declines, but cost-saving measures and focus on key sectors demonstrate resilience and strategic planning.
Despite challenges in the commercial real estate market, JLL remains optimistic about potential recovery and opportunities in growth segments like industrials and multifamily.
The reinstatement of the share repurchase program, cashflow positivity commitment, and operational efficiency efforts underscore JLL's determination to weather market headwinds.

Jones Lang LaSalle (JLL) faces market challenges but showcases tech innovation

JLL's Q2 2023 performance reflected challenges in global real estate markets but highlighted strengths in technology innovation and stable industrial sector fundamentals.
The company faces uncertainties with incentive fees and market conditions but has opportunities to leverage increased capital markets activity and enhance transparency.
Cost reduction actions and focus on free cash flow demonstrate JLL's commitment to financial discipline and operational efficiency amidst market challenges.
Investors should monitor JLL's performance closely, considering the potential impact of market dynamics on revenue streams and financial results.

Jones Lang LaSalle (JLL) reports resilient Q3 performance amidst market challenges

Jones Lang LaSalle (JLL) navigated challenges in the global real estate market with resilience, showcasing strength in diversified business segments like Work Dynamics and JLL Technologies.
Despite a decline in fee revenue and adjusted EBITDA, JLL's focus on financial discipline and efficiency positions the company well for future growth opportunities.
While facing headwinds in certain segments, JLL's outlook remains positive, with a continued emphasis on profitability and strategic adjustments to drive performance.

JLL reports strong Q4 performance amidst market challenges and opportunities

JLL's Q4 performance showcased strength in fee revenue growth and strategic team additions.
Challenges in industrial leasing and capital markets were balanced by resilient advisory revenue.
Opportunities lie in growing client interest, operational efficiency improvements, and green shoots in the market.
Overall, JLL remains cautiously optimistic about the commercial real estate landscape for 2024.

Jones Lang LaSalle (JLL) reports robust Q1 results, eyes market opportunities

Jones Lang LaSalle (JLL) delivered a strong performance in Q1 2024 with revenue growth, improved EBITDA, and EPS.
While facing challenges in certain segments, the company showcased resilience and adaptability to market conditions.
Opportunities in gaining market share, strategic adjustments, and maintaining operational efficiency are key focus areas for JLL.
Overall, JLL's performance, strengths, and opportunities position it well for future growth and success.

Jones Lang LaSalle (JLL) reports strong Q2 earnings and strategic growth plans

Jones Lang LaSalle (JLL) showcased robust financial performance in Q2 2024, driven by revenue growth and profitability improvements.
While facing challenges in certain segments, JLL demonstrated resilience and strategic focus on core business lines and financial discipline.
The company's strategic initiatives to manage leverage, explore growth opportunities, and enhance shareholder value position it well for future success.

Jones Lang LaSalle (JLL) reports robust Q3 results and eyes 2025 growth in real estate markets

Jones Lang LaSalle (JLL) delivered strong financial performance in Q3 2024, with a focus on enhancing leasing offerings and operational efficiency. The company raised its full-year adjusted EBITDA target range and expects continued momentum in 2025, especially in real estate capital markets.

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Jones Lang LaSalle, Inc. engages in the provision of commercial real estate and investment management services. It operates through the following segments: Market Advisory, Capital Markets, Work Dynamics, JLL Technologies, and LaSalle. The Markets Advisory segment offers real estate services such as agency leasing and tenant representation, property management, advisory, and consulting services. The Capital Markets segment is composed of investment sales, debt and equity advisory, value and risk advisory, and loan servicing. The Work Dynamics segment provides services to occupiers of real estate, including facility and project management, as well as portfolio and other services. The JLL Technologies segment refers to software products, solutions, and services. The LaSalle segment focuses on investment management services on a global basis to institutional investors and individuals. The company was founded by Richard Winstanley in 1997 and is headquartered in Chicago, IL.

BOSTON--(BUSINESS WIRE)-- #BostonCRE--Building Engines launches advanced HVAC solution for comprehensive maintenance and compliance lifecyle management

Building Engines Launches Advanced HVAC Solution for Comprehensive Lifecyle Management

Jones Lang LaSalle (JLL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Jones Lang LaSalle (JLL) Keep the Earnings Surprise Streak Alive?

CHICAGO, Jan. 27, 2022 /PRNewswire/ -- JLL (NYSE: JLL) announced today that for the eighth consecutive year, it earned a perfect score on the Human Rights Campaign (HRC) Foundation's 2022 Corporate Equality Index (CEI) as one of the "Best Places to Work for LGBTQ+ Equality." The CEI is a nationally recognized benchmarking survey on corporate policies and practices in support of lesbian, gay, bisexual, transgender and queer (LGBTQ+) workplace equality.

JLL Earns Top Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index

SAN DIEGO, Jan. 25, 2022 /PRNewswire/ -- JLL's Capital Markets group announced today that it has arranged a $265 million refinancing for a 387-key, master-planned beach resort in Oceanside in North County San Diego, California. The resort includes the 161-key Mission Pacific boutique hotel and The Seabird Resort, a 226-key full-service resort.

JLL arranges $265M refinancing for master-planned beach resort in Southern California

CHICAGO, Jan. 25, 2022 /PRNewswire/ -- As the global economy continues to improve despite ongoing challenges, innovation-oriented industries and availability of talent will be key growth drivers for the next cycle of urban and real estate recovery. According to JLL's (NYSE: JLL) new research, Innovation Geographies, cities that perform best on these measures will be best positioned for economic growth post-pandemic, demonstrating a strong link between innovation, talent ecosystems and real estate performance.

Innovation-oriented industries and talent concentration to drive urban and real estate recovery

ORLANDO, Fla., Jan. 24, 2022 /PRNewswire/ -- JLL's Capital Markets group announced today that it secured a $318.45 million acquisition loan for a six-property, 1,494-unit multi-housing portfolio located across Maryland, Virginia and Alabama.

JLL arranges $318.45M financing for six-property multi-housing portfolio

Jones Lang LaSalle (JLL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Jones Lang LaSalle (JLL) Upgraded to Buy: Here's Why

CHICAGO, Jan. 11, 2022 /PRNewswire/ -- Expectations for new buildings – from amenities to environmental footprint – have increased significantly in recent years. Sustainability continues to move up the corporate priority list and investors are rethinking value, making the threat of a "brown discount" more real than ever.

From value creation to value preservation - real estate investors rethink the "value of green"

SANTA CLARITA, Calif., Jan. 11, 2022 /PRNewswire/ -- Harbor Group International, LLC ("HGI") and Azure Partners, LLC ("Azure"), today announce their joint venture for the acquisition of Jefferson Vista Canyon, a 480-unit, Class A apartment community in Santa Clarita, Calif.

Harbor Group International Acquires Luxury Southern California Apartment Community

LOS ANGELES, Jan. 10, 2022 /PRNewswire/ -- JLL's Capital Markets Group announced today that it has arranged a $389.25 million refinancing for One Wilshire, a 661,553-square-foot, multi-tenant, critical technology asset comprising a tier 3+-equivalent data center and office space in downtown Los Angeles, California. The international telecommunications industry considers the building the most important point of connectivity between the United States and the Pacific Rim.

JLL arranges $389.25M refinancing of downtown Los Angeles data center

Jones Lang's (JLL) acquisition of Hank comes as part of its focus on embracing technology to solve real estate issues and help it expand its client reach.

Jones Lang (JLL) Acquires Hank, Boosts Technology Focus

CHICAGO, Jan. 10, 2022 /PRNewswire/ -- JLL announced today the appointment of Mark Holmstrom to the role of Head of Global Consulting, JLL Work Dynamics and Greg Bolino as the Global Head of Sustainability Strategy & Asset Consulting. As the world of work continues to undergo a significant transformation, accelerated by the global pandemic, shaping the future of work, the workplace and the worker has never been more critical.

JLL bolsters global consulting teams for future of work and sustainability

CHICAGO, Jan. 6, 2022 /PRNewswire/ -- JLL (NYSE: JLL) today announced it has acquired Sacramento-based Hank, a virtual engineering platform powered by artificial intelligence (AI) that autonomously optimizes the management systems of commercial buildings to deliver increased comfort, air quality and energy savings. Hank's system applies machine learning and AI to solve many of the commercial real estate (CRE) industry's largest operational challenges, including HVAC programming inconsistencies and energy and equipment performance inefficiencies.

JLL acquires proptech company Hank

RALEIGH, N.C., Jan. 5, 2022 /PRNewswire/ -- JLL's Capital Markets group announced today that it has closed the $330 million sale of Bloc 83, a brand new, trophy office development totaling 495,121 square feet in Raleigh, North Carolina.

JLL closes $330M sale of brand new, trophy office development in Raleigh

Jones Lang LaSalle has performed well on its top and bottom lines in recent years, with 2021 looking up for the firm.

Jones Lang LaSalle: Shares Look Cheap

CHEVY CHASE, Md., Dec. 16, 2021 /PRNewswire/ -- FCP® , with JV partners Abacus Capital (Abacus) and Big Cypress Capital (Big Cypress), has signed Clancy & Theys Construction Company to an 11,850-square-foot lease, relocating its Charlotte office to 22EIGHTEEN Toomey, a 24,252-square-foot adaptive reuse office building within The Quarter South End.

FCP, ABACUS CAPITAL AND BIG CYPRESS CAPITAL ANNOUNCE 11,850 SF CLANCY & THEYS LEASE; CONSTRUCTION STARTS FOR THE QUARTER SOUTH END

NEW YORK, Dec. 15, 2021 /PRNewswire/ -- JLL announced today that Senior Managing Director Kevin M. Davis has been named Americas CEO of its Hotels & Hospitality division.

Kevin M. Davis named JLL Americas CEO, Hotels & Hospitality

Most investors are flocking to multifamily as demand soars, but here's why I think this sector is highly overvalued today.

Why I Think Multifamily Real Estate Is Overvalued Right Now

CHICAGO, Dec. 9, 2021 /PRNewswire/ -- JLL (NYSE: JLL) has been recognized by the International WELL Building Institute (IWBI) for a 2021 WELL Portfolio Achievement Award, an honor for companies that act as leaders in market transformation. The firm joins honorees from around the globe, including individuals and organizations that are leading the charge to revolutionize the impact that buildings, organizations and communities have on health, equity and quality of life.

JLL recognized for exceptional leadership in market transformation

Independence Realty Trust

Prologis

Industrial REITs outperformed all other REIT sectors by over double in 2021 -- will this trend continue in 2022?

Will Industrial Real Estate Stay On Top in 2022?

Jones Lang LaSalle (JLL) reported earnings 30 days ago. What's next for the stock?

Jones Lang LaSalle (JLL) Down 8.1% Since Last Earnings Report: Can It Rebound?

CHICAGO, Dec. 2, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) will release its fourth quarter 2021 results Monday, February 28, 2022, at approximately 7:30 a.m. Eastern time, followed by a live webcast and teleconference call at 9:00 a.m.

JLL Announces Details of Fourth Quarter 2021 Earnings Release and Conference Call

DALLAS, Dec. 2, 2021 /PRNewswire/ -- JLL announced today that its Capital Markets group has arranged a $690 million financing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85 million square feet in high-growth markets across the United States. JLL worked on behalf of the borrower, Blackstone Real Estate Income Trust (BREIT), to place the two-year, floating-rate, non-recourse loan with Wells Fargo Bank.

JLL arranges $690M financing for 44-property industrial portfolio

Jones Lang (JLL) closing the acquisition of Building Engines comes as part of its focus on embracing technology to solve real estate issues and help it expand its client reach.

Jones Lang (JLL) Acquires Building Engines for $300 Million

CHICAGO, Dec. 1, 2021 /PRNewswire/ -- Premium office space around the world is being redefined due to the strong demand for sustainable and healthy buildings. According to JLL's Premium Office Rent Tracker research report covering 127 office markets and submarkets in 112 cities, a high number of premium office buildings surveyed – 84% – boast an environmental sustainability certification such as LEED or BREEAM, widely used benchmarks for green buildings.

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