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Colliers CEO Jay Hennick, JLL CEO Christian Ulbrich and Cushman & Wakefield CEO Brett White. (Getty, JLL, Colliers, Cushman & Wakefield)
The following is a preview of one of the hundreds of data sets that will be available on TRD Pro, the one-stop real estate terminal that provides you with all the data and market information you need.
As the pace of vaccinations slows and debates over remote work continue, there remains much uncertainty around Downtown Manhattan’s office market.
To understand where things are at right now, TRD Pro dissected first quarter office market reports from the city’s top commercial brokerages, which paint a portrait of a market in flux. Firms uniformly agreed that Downtown Manhattan’s market is recovering, but disagreed as to the extent of the damage caused by the pandemic.
JLL Commits To Net Zero Target For 2040
Commits to reducing carbon emissions enterprise-wide and signs The Climate Pledge
Chicago, IL /PRNewswire/ - Today, JLL (NYSE: JLL) announced its aim to achieve net zero carbon emissions by 2040 across all areas of its operations, including the client sites it manages, globally. To deliver this commitment, 95% of JLL s 2018 baseline greenhouse gas emissions will be fully abated, and any residual offsets required will be limited to no more than 5% of that baseline.
JLL has also become a signatory of The Climate Pledge, standing with Amazon, Global Optimism and the other signatories in a commitment to being net zero by 2040 – ten years ahead of the Paris Agreement. This announcement strengthens the firm s previous goals, reinforcing JLL s leadership position on climate action.
JLL commits to net zero target for 2040
05/06/2021 | 05:47pm EDT
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CHICAGO, May 4, 2021 - Today, JLL (NYSE: JLL) announced its aim to achieve net zero carbon emissions by 2040 across all areas of its operations, including the client sites it manages, globally. To deliver this commitment, 95% of JLL s 2018 baseline greenhouse gas emissions will be fully abated, and any residual offsets required will be limited to no more than 5% of that baseline. JLL has also become a signatory of The Climate Pledge, standing with Amazon, Global Optimism and the other signatories in a commitment to being net zero by 2040 - ten years ahead of the Paris Agreement. This announcement strengthens the firm s previous goals, reinforcing JLL s leadership position on climate action.
Jones Lang LaSalle (JLL) Q1 Earnings & Revenues Top Estimates Zacks.com 5/6/2021
Jones Lang LaSalle Inc. JLL popularly known as JLL reported first-quarter 2021 adjusted earnings of $2.10 per share, handily beating the Zacks Consensus Estimate of 60 cents. Revenues for the quarter came in at $4.04 billion, surpassing the Zacks Consensus Estimate of $3.75 billion.
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Continued strength of Americas Corporate Solutions helped drive Property & Facility Management growth, while transaction-based service lines reflect improving economic conditions, highlighted by solid recovery in Asia Pacific. Moreover, the company’s overall margin expansion included valuation increases to JLL Technologies strategic proptech investments, Year-over-year changes in loan loss credit reserves and the fair value of LaSalle s co-investment portfolio as well as cost-mitigation benefits.
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CHICAGO, May 5, 2021 /PRNewswire/ Jones Lang LaSalle Incorporated (NYSE: JLL) today reported operating performance for the first quarter of 2021.
Consolidated revenue was $4.0 billion and fee revenue
1 was $1.4 billion, decreases of 4% and 7%, respectively
Transaction-based service lines reflected improving economic conditions, highlighted by outstanding rebound in Asia Pacific
Property & Facility Management growth led by continued strength of Americas Corporate Solutions
Overall margin expansion included
Valuation increases to JLL Technologies strategic proptech investments
Year-over-year changes in loan loss credit reserves and the fair value of LaSalle s co-investment portfolio
Cost mitigation benefits partially offsetting pandemic s impact to revenue