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.
JLL (NYSE: JLL) has introduced decarbonization consulting services and purpose-built technology for the commercial real estate industry. The new offering, Decarbonization Strategy, helps real estate owners and investors understand their carbon footprint and develop data-driven investment roadmaps. It is powered by Carbon Pathfinder, JLL's new SaaS technology that provides investment planning insights for carbon reduction goals.
Carbon Pathfinder, developed by JLL Technologies (JLLT), forecasts climate transition risk and allows companies to assess performance against science-based targets, create actionable decarbonization plans, and inform capital allocation decisions. This solution is part of JLL's end-to-end sustainability suite based on a plan-act-manage framework for the built environment value chain.
JLL will host a webinar, 'Routes to Decarbonization: Find the Right Path for Your Real Estate,' on June 27, featuring expert perspectives on developing solid decarbonization strategies.
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