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Jones Lang LaSalle Incorporated (JLL) is a global leader in commercial real estate services and investment management, operating across 80+ countries. This page provides investors and professionals with verified press releases and news covering financial results, strategic partnerships, and operational developments.
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On April 27, 2023, Jones Lang LaSalle (NYSE: JLL) appointed Courtney Huggins as the new Global Treasurer, succeeding Bryan Duncan. Huggins, formerly with Canary Wharf Group, will report to CFO Karen Brennan and focus on enhancing the global treasury function, including international cash flow optimization, treasury automation, and sustainable financing strategies.
With extensive experience in treasury leadership, including significant roles at Logicor and Capita Plc, Huggins brings a wealth of knowledge in managing large-scale debt operations and implementing innovative financing frameworks. Her previous success in managing over £4 billion in debt and developing sustainability-linked finance solutions aligns with JLL's goals for financial transformation.
JLL has acquired Kensington Capital Advisors (KCA), a derivatives and structured finance advisory firm based in North Carolina, along with the Frame Financial Systems technology platform. This strategic acquisition, announced on April 18, 2023, is expected to enhance JLL's global derivatives advisory capabilities and provide a proprietary "software with a service" (SwaS) debt portfolio reporting solution. With KCA's expertise and Frame's technology, JLL aims to improve capital solutions for corporate real estate investors. The move follows JLL's earlier acquisition of HFF in 2019, which included a stake in KCA. KCA and Frame's 23 employees will integrate into JLL's Capital Markets and JLL Technologies teams, enhancing service offerings during volatile capital conditions.
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