Jones Lang Lasalle Inc Stock Price, News & Analysis

JLL (NYSE: JLL) announced key senior leadership changes effective July 1, 2025. Karen Brennan, current CFO and Global Executive Board member, has been appointed as CEO of JLL's Leasing Advisory business globally. Brennan brings over 25 years of experience at JLL to her new role.

Kelly Howe, currently CFO of JLL's Leasing Advisory business, will be promoted to company-wide CFO and join the Global Executive Board. Howe joined JLL in January 2024 with 23 years of experience at Boston Consulting Group. Additionally, Andy Poppink, current CEO of Leasing Advisory, will transition to CEO of Leasing Advisory for EMEA and APAC regions, reporting to Brennan, and will step down from the Global Executive Board.

JLL (NYSE: JLL) has scheduled its first quarter 2025 earnings conference call and webcast for Wednesday, May 7, 2025, at 9 a.m. Eastern time. Participants can join via phone by dialing (888) 660-6392 with conference ID 5398158, or through the live webcast available on the company's Investor Relations website at ir.jll.com.

Presentation slides will be accessible on the Events & Presentations section of the IR website before the webcast begins. The webcast replay will remain available for 12 months following the event. Participants are advised to dial in 10 minutes before the call start time.

JLL (NYSE: JLL) has released its Global Office Fit-Out Costs Guide 2025, revealing that 59% of organizations globally plan to increase investment in space design over the next five years. The report analyzes data from 68 cities in 40 countries, showing that office fit-out costs have increased across all regions, with North America commanding the highest average at $3,070/sqm compared to the global average of $1,830/sqm.

Key findings indicate that builder works account for 37% of global fit-out costs, while Mechanical & Electrical expenses represent 20-45%. The study reveals growing demand for sustainable fit-outs, with 60% of markets reporting increased client inquiries. Despite economic uncertainties, companies are optimistic about growth, though challenges persist including labor shortages, material availability, and geopolitical instability.

JLL (NYSE: JLL) has received three prestigious awards from the International WELL Building Institute (IWBI) in 2024, reinforcing its position as the global leader in WELL services. The company earned the 2024 WELL AP Impact Award for having the most WELL Accredited Professionals and WELL Faculty globally.

Two JLL employees received individual recognition: Annalise Dum won WELL AP of the Year, and Melinda Mandla received the Changemaker Award. The company's Sustainability Consulting team has delivered over 105 million square feet of WELL-certified space for clients. As of 2024, JLL maintains 23 WELL-certified offices globally, with 15 achieving WELL Platinum certification, the highest possible rating.

These achievements build upon JLL's previous recognitions, including the 2023 Global WELL Leadership Award and WELL Concept Leadership Award, as well as multiple awards in 2022 including WELL Enterprise Provider of the Year.

Foot Locker has signed a long-term lease for its new global headquarters in St. Petersburg, Florida, securing 111,000 square feet at 570 Carillon Parkway. The Fortune 500 footwear and apparel retailer's relocation, first announced in Q3 2024, demonstrates its commitment to the Tampa Bay region.

The Class A office property, owned by The Feil Organization, is located in the prestigious Carillon Business Park and features extensive amenities including a café, fitness center, and 24/7 building access. The move aligns with Foot Locker's Lace Up Plan, aimed at fostering team connectivity and enhancing sneaker culture presence in the area.

St. Petersburg Mayor Kenneth T. Welch welcomed the company's investment in the local economy and workforce, while Foot Locker President Frank Bracken emphasized the metropolitan Tampa Bay area's potential for attracting top talent and connecting with the community.

JLL (NYSE: JLL) has announced its inaugural Global Property Expo, scheduled for July 18-20, 2025, at the Sands Expo & Convention Centre in Singapore. The event aims to connect international property developers with real estate investors, showcasing residential developments from Australia, Japan, the Middle East, the United States, and Europe.

The expo will feature two conference tracks focusing on sustainable property investment, PropTech integration, and smart city infrastructure. According to MSCI analysis, Singaporean investors led cross-border real estate transactions with $25.3 billion in international real estate investment in 2023, with per-capita spending exceeding U.S. figures by over 40 times. The Asia Pacific region experienced a 23% increase in real estate investment in 2024.

JLL (NYSE: JLL) has announced an agreement to acquire Javelin Capital, a North America-based renewable energy investment banking firm, strengthening its position in the clean energy sector. The acquisition will enhance JLL's U.S. Energy & Infrastructure Capital Markets capabilities, complementing its existing expertise in Europe and Asia where it has completed over 150 deals worth more than $20 billion in enterprise value.

Established in 2017, Javelin Capital's team of 16 employees, led by CEO Matt Eastwick, will join JLL's Capital Markets Americas business. The New York-based firm specializes in renewable energy, energy storage, and energy transition, offering M&A, restructuring, capital raising, debt, and corporate finance services.

The acquisition comes amid unprecedented growth in the clean energy sector, driven by increasing demand, tighter regulations, technological advancements, and favorable economics. According to JLL Research, clean energy is becoming the most cost-effective fuel choice across regions.

JLL (NYSE: JLL) has been named one of the 2025 World's Most Ethical Companies® by Ethisphere for the 18th consecutive year since 2008. The recognition highlights JLL's exceptional leadership and commitment to business integrity through ethics, compliance, and governance practices.

Among the 136 honorees from 19 countries and 44 industries in 2025, JLL stands out as one of only three honorees in the real estate industry and one of five companies recognized 18 times or more. The assessment, based on Ethisphere's Ethics Quotient®, required companies to provide over 240 proof points on ethical practices.

Notable achievements include the 2025 honorees outperforming a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025. JLL's commitment to ethics, as highlighted by Chief Legal Officer Alan Tse, emphasizes trust, fairness, and accountability as fundamental elements of their operations and culture.