Welcome to our dedicated page for Jones Lang Lasalle news (Ticker: JLL), a resource for investors and traders seeking the latest updates and insights on Jones Lang Lasalle stock.
News and updates for Jones Lang LaSalle Incorporated (JLL) focus on its role as a global commercial real estate and investment management company. As a Fortune 500 firm with operations in over 80 countries, JLL regularly issues announcements on financial performance, leadership changes, facility management mandates, technology research and capital markets activity.
Investors and observers can find earnings-related news, including quarterly results and conference call details, where JLL reports on revenue trends across segments such as Real Estate Management Services, Leasing Advisory, Capital Markets Services, Investment Management and Software and Technology Solutions. These releases often highlight developments in areas like workplace management, project management, capital markets revenues and investment management performance.
Company news also covers leadership appointments and organizational changes, for example within its Americas Leasing Advisory business or at LaSalle Investment Management. Such updates provide insight into how JLL organizes its global platform and succession planning in key business lines.
In addition, JLL issues announcements about significant client mandates and projects, such as facility operations for major airport terminals, as well as research findings on topics like AI adoption in commercial real estate and capital flows tracked by its Global Bid Intensity Index. These items illustrate how JLL combines advisory, management and research capabilities across the real estate sector.
This news page aggregates these types of releases so readers can follow JLL’s financial reporting, strategic initiatives, leadership developments, facility management wins, technology research and capital markets activities in one place.
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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.
Jones Lang LaSalle (NYSE: JLL) has scheduled a conference call for May 4, 2023, at 9 a.m. Eastern to discuss its first quarter 2023 results. Participants can join the call via phone at (888) 660-6392, using conference ID 5398158, or through a live webcast on the company’s Investor Relations website. The presentation slides will be available prior to the call. JLL reported annual revenues of $20.9 billion, operating globally in over 80 countries with a workforce exceeding 103,000 as of December 31, 2022. A replay of the webcast will be accessible for 12 months after the event.
Jones Lang LaSalle (NYSE:JLL) has appointed Laura Vallis as the new Head of Communications, effective April 3. Vallis comes with over 20 years of experience, having previously served as the Chief Communications Officer at Manulife and held key roles at Barclays and Dow Jones. In her new role, she will implement a globally integrated communications strategy to convey JLL's renewed brand promise: 'See a Brighter Way'. Chief Marketing Officer Siddharth Taparia emphasized Vallis's forward-thinking approach, crucial for enhancing JLL's narrative in technology and sustainability. JLL operates in over 80 countries with $20.9 billion in annual revenue.