Jones Lang LaSalle Profit Jumps In Q2


Jones Lang LaSalle, a commercial real estate services firm  posted a $32 million profit in the second quarter, compared to a $14 million loss a year ago.

The firm reported increased revenues across all sectors and geographic regions, as leasing and investment sales activity picked up. In the company’s Americas region, quarterly leasing revenue was up 25 percent from a year ago, and revenue across all service lines in the Americas was up 18 percent.

The company’s global revenue was $680 million, up 18 percent from a year ago.

In a statement, Jones Lang LaSalle CEO Colin Dyer said, “We are pleased with our second-quarter results, which showed a solid performance based broadly across our geographies and service lines. Business prospects for the year remain good, and we are moving forward with confidence while watching market and economic dynamics. Our competitive position is strong in real estate markets, which continue their cyclical recovery.”

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