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Jones Lang LaSalle, Inc. - JLL STOCK NEWS

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.

Jones Lang LaSalle Incorporated (NYSE: JLL) is a global leader in commercial real estate and investment management services, with a history spanning over 200 years. Originating in the United Kingdom, JLL now operates in more than 80 countries and employs over 108,000 people. The company offers a comprehensive range of services to real estate owners, occupiers, and investors, including leasing, property and project management, and capital markets advisory.

Key Services:

  • Leasing
  • Property and Project Management
  • Capital Markets Advisory
  • Investment Management

JLL's investment management arm, LaSalle Investment Management, manages over $74 billion for clients across various real estate strategies. The company's strong global platform and local expertise make it a valuable partner in navigating complex real estate markets.

In recent performance highlights, JLL reported an operating income of $290.4 million for the fourth quarter of 2023, up from $254.7 million the previous year. The full year's operating income was $576.5 million, compared to $868.1 million in 2022. Despite economic uncertainties and elevated interest rates, JLL's resilient business lines such as Workplace Management and Property Management have shown significant growth.

JLL is also actively involved in sustainability through initiatives like the JLL Foundation, which supports startups focused on climate change mitigation. Furthermore, the company continues to expand its capabilities with strategic acquisitions, such as the recent addition of SKAE Power Solutions to enhance its data center technical services.

For further information, visit JLL Investor Relations.

Rhea-AI Summary
JLL and Qmerit have formed a groundbreaking agreement to facilitate and accelerate EV charging installations at JLL client properties nationwide. This will provide property owners with a customized, one-stop solution for high-quality EV charging. JLL's EV Charging Solution offers turnkey commercial charging offerings and comprehensive strategy services. The partnership aims to speed up the transition to broader adoption of EVs and clean energy technologies.
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JLL's Capital Markets group arranged the sale of a $1.3 billion medical office loan portfolio to Kayne Anderson Real Estate. The portfolio consists of 106 mortgages secured by 308 medical office properties. The sale will improve Synovus' net interest margin and wholesale funding ratio.
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Canyon Partners Real Estate and J.P. Morgan have co-originated a $174.6 million senior construction loan for the recapitalization of One22One, a trophy office tower in Nashville. The 24-story building offers 373,232 square feet of office space, 16,938 square feet of retail space, and 930 parking spaces. It features amenities such as a conference center, outdoor terrace, tenant lounge, and fitness center. The property has post-pandemic safety features like individual HVAC systems and touchless technologies.
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JLL: Resilient business line revenues drove performance as pullback in transaction activity continued into Q2. Operating income of $149.2M, diluted earnings per share $0.05, and adjusted diluted earnings per share $0.50. Second-quarter revenue $5.1B, down 4% in local currency, and fee revenue $1.8B, down 13% in local currency. Market-wide transaction slowdown and extended interest rate uncertainty continued to impact Capital Markets volumes.
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JLL (NYSE: JLL) announced JLL GPT™, the first large language model purpose-built for the commercial real estate (CRE) industry. The AI model will provide faster, smarter insights to clients, leveraging JLL's extensive in-house data and external CRE sources. JLL plans to offer made-to-order solutions to clients later this year, demonstrating the company's data-first philosophy and commitment to digital transformation.
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Jones Lang LaSalle Incorporated (NYSE: JLL) has announced details for its second quarter 2023 earnings release and conference call. The event is scheduled for Thursday, August 3, 2023, at 9 a.m. Eastern time. Interested parties can access the conference call by dialing (888) 660-6392 with the conference ID number 5398158. Participants are advised to dial in 10 minutes before the call start time.

Additionally, a live webcast of the call will be available on the company's Investor Relations website at ir.jll.com. Presentation slides will be accessible in the Events & Presentations section shortly before the webcast begins. A replay of the webcast will remain available on the website for 12 months following the event. For further information, investors can contact JLL's Investor Relations department at JLLInvestorRelations@jll.com.

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FAQ

What is the current stock price of Jones Lang LaSalle (JLL)?

The current stock price of Jones Lang LaSalle (JLL) is $258.31 as of November 19, 2024.

What is the market cap of Jones Lang LaSalle (JLL)?

The market cap of Jones Lang LaSalle (JLL) is approximately 12.3B.

What services does JLL provide?

JLL offers leasing, property and project management, capital markets advisory, and investment management services.

How many countries does JLL operate in?

JLL operates in more than 80 countries worldwide.

What is LaSalle Investment Management?

LaSalle Investment Management is JLL's investment management arm, managing over $74 billion for clients in diverse real estate strategies.

What were JLL's fourth-quarter 2023 financial results?

JLL reported an operating income of $290.4 million for Q4 2023, up from $254.7 million in the previous year.

How does JLL contribute to sustainability?

JLL contributes to sustainability through the JLL Foundation, supporting startups focused on climate change mitigation, and integrating sustainable practices across its operations.

What recent acquisitions has JLL made?

JLL recently acquired SKAE Power Solutions to enhance its data center technical services.

How many employees does JLL have?

JLL has over 108,000 employees globally.

What is the annual revenue of JLL?

JLL's annual revenue is $20.8 billion.

Where can I find more information about JLL's financial performance?

For more information on JLL's financial performance, visit their Investor Relations website at ir.jll.com.

What is JLL's approach to real estate investment?

JLL combines global platform strengths with local expertise to deliver comprehensive real estate investment solutions, focusing on sustainable growth and client satisfaction.

Jones Lang LaSalle, Inc.

NYSE:JLL

JLL Rankings

JLL Stock Data

12.32B
47.00M
0.84%
97.23%
1.53%
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