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News Release

China

JLL Reports Strong Second Quarter 2016

Revenue up 17% to $1.6 billion; fee revenue up 14% to $1.3 billion


​​​​Jones Lang LaSalle Incorporated​ (NYSE: JLL) today reported diversified revenue growth for the second quarter of 2016 resulting in earnings per share of $1.73 and adjusted earnings per share of $1.93.

  • Record second-quarter revenue with double-digit growth
  • Margin performance reflects expansion of annuity business globally and slowdown in transactional business, particularly in the UK
  • Acquisitions and investments in alignment with strategic plan contribute to annuity revenue and stabilizing profit
  • Corporate Solutions revenue expansion driven by client wins, renewals and continued technology investments
  • LaSalle Investment Management assets under management reach record high of $59 billion with strategic focus on recurring advisory fees while generating strong incentive fees
  • Credit facility capacity increased to $2.75 billion and maturity extended to 2021, with improved pricing



CEO Comment:

"We produced a strong second quarter, in line with our strategic focus on long-term growth," said Colin Dyer, JLL CEO. "The results show the strength of our diversified global business, despite political and security uncertainties in Europe. We remain confident about our prospects for the second half of the year," Dyer added.


Find report details in our 2nd Quarter 2016 Earnings Release

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>>>Read more about​ JLL Research



About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, www.jll.com

JLL has over 50 years of experience in Asia Pacific, with over 34,000 employees operating in 92 offices in 16 countries across the region. The firm won 15 awards at the International Property Awards Asia Pacific in 2016 and was named number one real estate advisor in Asia at the 2015 Euromoney Real Estate Awards. www.jll.com/asiapacific  

​ In Greater China, the firm was named ‘Best Property Consultancy in China’ at the International Property Awards Asia Pacific 2016, and has more than 2,200 professionals and 14,000 on-site staff providing quality real estate advice and services in over 80 cities across the country.  www.joneslanglasalle.com.cn