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Property market to go global

The number of major global investors in the GCC property market is expected to more than double this year, according to research by Jones Lang LaSalle, a property consultancy. Until this year, few of the "global 100� property investors had ventur

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JLL Re-Entering Housing Project Sales Business

Source : The Business Times, May 6, 2008 JONES Lang LaSalle (JLL) is poised to re-enter the Singapore residential project sales business after a hiatus of about seven years. It has clinched appointments to market Floridian, a 336-unit freehold condo development in Bukit Timah by Far East Organization and Wing Tai Holdings, as well as Lippo's Centennia Suites at Kim Seng Road. It is also marketing...

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JLL re-entering housing project sales business

JONES Lang LaSalle (JLL) is poised to re-enter the Singapore residential project sales business after a hiatus of about seven years.

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Jones Lang sees profit dive, despite revenue increase

Jones Lang LaSalle Inc. showed a drop in profit by nearly 90 percent during the first quarter, reporting net income of $2.8 million this year, compared with $27.3 million in first quarter 2007. (JLL)

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Jones Lang LaSalle, Inc. Q1 2008 Earnings Call Transcript

Jones Lang LaSalle Incorporated (JLL) Q1 FY08 Earnings Call Complete Story »

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JLL see big profit slump

Jones Lang LaSalle have suffered a massive 90% fall in earnings for the first quarter of 2008. They said the drop was due to an increase in operating costs plus the turmoil on the financial markets, resulting in a lack of liquidity. Profits dropped from £13.6 million to £1.4million in spite of an overall 15 percent [...]

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Jones Lang LaSalle Reports 15 Percent Revenue Growth in First Quarter 2008; Net Income of $2.8 Million, $0.09 Per Share

Firm Declares Semi-Annual Dividend CHICAGO, April 29 /PRNewswire-FirstCall/ -- Jones Lang LaSalle Incorporated (NYSE: ), the leading integrated financial and professional services firm specializing in real estate, today reported net income of $2.8 million, or $0.09 per diluted share of common stock, for the quarter ended March 31, 2008, compared with net income of $27.3 million, or $0.81 per...

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Jones Lang LaSalle Mourns the Death of Board Member Sir Derek Higgs

CHICAGO, April 29 /PRNewswire-FirstCall/ -- Jones Lang LaSalle Incorporated (NYSE: ) is saddened to announce that Sir Derek Higgs, a member of its Board of Directors, died suddenly in London on Monday, April 28, 2008, at the age of 64. Sir Derek had served as a Director since March 1999 and also served as Chairman of the Audit Committee of the Board. "This comes as a great loss," said Sheila...

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Jones Lang LaSalle Recognized by General Motors as a 2007 Supplier of the Year

CHICAGO, April 28 /PRNewswire-FirstCall/ -- Jones Lang LaSalle, the leading global real estate money management and services firm, received the General Motors 2007 Supplier of the Year award for its significant contributions to GM's global product and performance achievements. The 16th annual award -- themed the "Best of the Best" -- was given during ceremonies Saturday, April 26 at the Sawgrass...

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Laurlee Martin Named to HCP Board

HCP (NYSE: HCP), headquartered in California, appointed Lauralee Martin to its Board of Directors. Lauralee is the Chief Operating anf Financial Officer of Jones Lang LaSalle. Read more about it in the Business Wire press release. (Image borrowed from joneslanglasalle.com.)

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Webcast Alert: Jones Lang LaSalle's First Quarter 2008 Results and Conference Call

CHICAGO, April 23 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL) announces the following Webcast: What: Jones Lang LaSalle Webcast When: April 30, 2008 @ 9:00 AM EST Where: How: Live over the Internet -- Simply log on to the web at the address above. Contact: Lauralee Martin 312-228-2073 If you are unable to participate during the live webcast, the call will be...

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Jones Lang & Colonial First set up new retail mgmt fund

Global real estate and investment management firm Jones Lang LaSalle (JLL) in partnership with Australia's Colonial First State Property Management has formed a fund for management of retail services in South Asia.

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Jones Lang LaSalle Forms First Sustainability University, Commits to Hire and Train 500 LEED and BREEAM Accredited Professionals by End of 2009

Industry-Leading Goals Are Part of Global Real Estate Firm's Sustainability Commitment Announced Today CHICAGO, April 18 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL) today formalized its commitment to sustainability that advances its leadership position in the delivery of sustainable building services and reduction of the environmental impact of its operations. Developed by...

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London office space faces reduced supply

The office space market in central London will have a reduced supply because of the Credit Crunch say Jones Lang Lasalle. It slashed its forecast of possible new office space by 60% in 2011. Just over 6m sq ft of serviced offices and ‘normal’ office space was predicted, which has now been reduced to just over [...]

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Jones Lang LaSalle Taps Global Investor Network to Close Record-Breaking Office Property Sale at $867 PSF in CBD Washington, D.C.

Irish Investor Enters U.S. Market with Purchase of 2099 Pennsylvania Avenue for $172.5 Million WASHINGTON, April 16 /PRNewswire-FirstCall/ -- Jones Lang LaSalle today announced the firm's Capital Markets experts have tapped the firm's extensive global investor network to sell office property 2099 Pennsylvania Avenue in Washington D.C. on behalf of Germany-based Wealth Management Capital Holding...