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.

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.

Corporate tenants increasingly favor environmentally conscious space in centralized office locations

Avis Budget Group

Dick's Sporting Goods

Philip Morris

Whirlpool

Ken Heebner (Trades, Portfolio)'s Capital Growth Management has revealed its portfolio for the third quarter of 2021. The firm's top trades include an addition to its top holding in Jones Lang LaSalle Inc. ( JLL , Financial), selling out of Philip Morris International Inc. ( PM , Financial) and Dick's Sporting Goods Inc. ( DKS , Financial) positions and new buys into Whirlpool Corp. ( WHR , Financial) and Avis Budget Group Inc. ( CAR , Financial).

Heebner's Capital Growth Management Shuffles Top Holdings

CHICAGO , Nov. 30, 2021 /PRNewswire/ -- JLL (NYSE: JLL) announced today that it closed its acquisition of Building Engines, the market-leading building operations platform that transforms how properties are run, provides exceptional experiences for operators and tenants and improves net operating income (NOI) across the world's most successful commercial real estate (CRE) portfolios. JLL acquired Building Engines for a cash purchase price of approximately $300 million.

JLL closes acquisition of Building Engines for $300 million

NMRK vs. JLL: Which Stock Is the Better Value Option?

AUSTIN--(BUSINESS WIRE)--Commercial real estate firm JLL and Miro announced today that Miro, the leading online whiteboard platform designed for distributed team collaboration, will lease 72,000 square feet of space in Colorado Tower, located at 303 Colorado Street, in downtown Austin, TX. Miro's expansion in Austin makes the city its largest U.S. hub and second largest of 11 hubs globally, including offices in Europe and Asia. Miro currently occupies a co-working space in WeWork Westview in Au

Miro Signs Lease in Colorado Tower, Cementing Austin as the High-Growth Company's Largest U.S. Hub

MIAMI, Nov. 8, 2021 /PRNewswire/ --  JLL 's Hotels and Hospitality Group announced today that it has closed the sale of the Naples Beach Hotel & Golf Club, a 125-acre beachfront resort located in the heart of Old Naples, Florida. JLL represented the seller, The Watkins Family, and procured the buyer, a partnership between The Athens Group and MSD Partners, L.P.

JLL completes sale of iconic Naples Beach Hotel & Golf Club

ATLANTA, Nov. 4, 2021 /PRNewswire/ -- Grady Health System has achieved the "topping out" milestone on the Correll Pavilion adjacent to Grady Memorial Hospital's main campus in Atlanta. The new facility has been named in honor of A.D.

Grady Health System and Partners Achieve "Topping Out" Milestone at Correll Pavilion

NEW YORK, Nov. 4, 2021 /PRNewswire/ -- JLL announced today that its affiliate Jones Lang LaSalle Securities LLC (JLLS) has advised on the formation of an $800 million joint venture and helped arrange acquisition financing on behalf of Arden Group and Arcapita Group for a portfolio of small- and medium-bay multi-tenant warehousing space across major U.S. markets. The new joint venture acquired an initial $550 million, 18-property, five-million-square-foot industrial portfolio across Atlanta, Charlotte, Columbus, Dallas, Houston, Philadelphia and Indianapolis.

JLL advised new joint venture on plans to invest $2B in multi-tenant warehousing

Jones Lang LaSalle's (JLL) Q3 results reflect strong rebound in its transaction-based businesses.

Jones Lang LaSalle (JLL) Q3 Earnings Top Estimates, Stock Up

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Jones Lang LaSalle (JLL) Stock Undervalued Right Now?

Jones Lang LaSalle, Inc. (JLL) CEO Christian Ulbrich on Q3 2021 Results - Earnings Call Transcript

Jones Lang LaSalle (JLL) delivered earnings and revenue surprises of 30.29% and 6.14%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Jones Lang LaSalle (JLL) Surpasses Q3 Earnings and Revenue Estimates

CHICAGO, Nov. 3, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today announced operating performance for the third quarter of 2021. Consolidated revenue of $4.9 billion and fee revenue1 of $2.1 billion, increases of 22% and 45%, respectively Growth momentum continued in all segments and service lines, led by the Americas Rebound in transaction-based revenue highlighted by Capital Markets and Leasing, which grew 103% and 73%, respectively LaSalle delivered strong incentive and advisory fee performance; raised record $4 billion of capital this quarter Margin performance versus the prior year reflected Transaction-based revenue growth across Real Estate Services Expected reduction of certain non-permanent cost savings from 2020 Incremental investments in people and technology Continued return of capital to shareholders with $150 million of share repurchases this quarter, over $190 million year-to-date "JLL delivered another quarter of exceptional performance, continuing our strong momentum.

JLL Reports Financial Results for Third-Quarter 2021

Jones Lang LaSalle Inc. JLL, +0.09% said Wednesday its third-quarter net income rose to $237.2 million, or $4.57 a share, from $131.9 million, or $2.52 a share, in the year-ago quarter. Adjusted earnings increased to $4.56 a share from $2.99 a share.

Jones Lang LaSalle net income increases 80%

CHICAGO, Nov. 2, 2021 /PRNewswire/ -- As the global economy races to decarbonize, JLL is turning climate talk into action. The built environment is an integral part of reaching net zero as it is currently responsible for close to 40% of carbon emissions.

Decarbonizing the built environment is critical for reaching net-zero emissions

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