Fee revenue of $908 million, up 7 percent from the second quarter of 2012
CHICAGO, July 30, 2013 – Jones Lang LaSalle Incorporated (NYSE: JLL) today reported adjusted earnings per share (“EPS”) of $1.15 for the second quarter of 2013, up from $1.13 in the prior year. Second-quarter revenue of $989 million was up 8 percent. Fee revenue was $908 million, an increase of 7 percent.
Continued solid fee revenue growth with 7 percent increase for the quarter and year to date
Strong capital raise by LaSalle Investment Management; $1.8 billion committed in the quarter
Capital Markets & Hotels outperformed markets in all regions
Leasing growth in the Americas driven by further market share gains
Revenue performance in BRIC countries impacted by strong comparable quarter in 2012
Healthy corporate outsourcing pipeline; transitioning new clients from previous wins
About Jones Lang LaSalle
Jones Lang LaSalle (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. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $ 46.3 billion of real estate assets under management.
Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 26,100 employees operating in 79 offices in 14 countries across the region. The firm was named ‘Best Property Consultancy’ in nine Asia Pacific countries at the International Property Awards Asia Pacific 2012, in association with HSBC, and was named the number one real estate advisory firm in Asia Pacific in the Euromoney Real Estate Awards 2012. www.ap.joneslanglasalle.com