Jones Lang Lasalle Inc Stock Price, News & Analysis

JLL has launched JLL Property Assistant, an AI-powered solution built on their JLL Falcon platform, designed for real estate owners across retail, industrial, and office properties. The tool integrates with JLL's Acumen platform to analyze data from various systems including Yardi, MRI, and Prism by Building Engines. Through a natural language interface, property managers can query building information and receive AI-driven recommendations to optimize property performance. Key benefits include faster decision-making through automated reporting and analysis, enhanced operational efficiency via task management and tenant satisfaction monitoring, and improved profitability through budget analysis and vacancy management. The system maintains enterprise-grade security while leveraging JLL's global benchmarks.

JLL (NYSE: JLL) has appointed Catherine Clay as an independent, non-executive member of its Board of Directors, effective May 21, 2025. Clay, currently serving as Executive Vice President, Global Head of Derivatives at Cboe Global Markets, brings extensive experience in derivatives markets, digital assets, data analytics, and financial technology. She will serve on the Audit and Risk, Compensation, and Nominating, Governance and Sustainability Committees.

Prior to her current role, Clay held executive positions at Cboe, leading digital assets and information solutions. She joined Cboe through its 2015 acquisition of LiveVol, where she served as CEO. Clay holds a Bachelor of Science from the University of Colorado.

JLL Capital Markets has secured a $650 million refinancing for One Congress, a premier office building in Boston, Massachusetts. The SASB loan was arranged on behalf of Carr Properties and National Real Estate Advisors, led by Wells Fargo and Bank of America. The 43-story trophy tower, completed in 2023, spans 1,008,000 square feet and achieved 100% pre-leasing a year before completion. The building features sustainable design, column-free floor plans, and premium amenities including a full-floor amenity center, 15,000 sq ft rooftop terrace, and 7,000 sq ft fitness center. Located within the Bulfinch Crossing development, One Congress offers strategic access to public transportation and major highways, connecting Boston's key districts.

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) reported strong Q1 2025 financial results with revenue reaching $5.7 billion, up 13% in local currency. The company achieved a 28% increase in adjusted diluted EPS to $2.31, though diluted EPS decreased 19% to $1.14 due to non-cash losses. Both Resilient and Transactional revenues showed robust growth of 13% and 14% respectively. Key highlights include: Real Estate Management Services up 14%, driven by Workplace Management and Project Management, Leasing increased 15% across all asset classes, and Capital Markets Services grew 16%. The company's net income was $55.3 million, down from $66.1 million in Q1 2024. Cash flows from operations were negative $767.6 million, primarily due to timing of reimbursables and commission payments.

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.