Jones Lang LaSalle
| JLL
|
|
|---|---|
 |
|
| legal form | Inc. |
| ISIN | US48020Q1076 |
| founding | 1783 |
| Seat |
Chicago , Illinois , United States
|
| management | Christian Ulbrich |
| Number of employees | 92,000 |
| sales | $ 16.32 billion (2018) |
| Branch | property |
| Website | www.jll.de |
| As of June 30, 2019 | |
JLL (NYSE: JLL) is the brand name and registered trademark of Jones Lang LaSalle Incorporated .
Jones Lang LaSalle is a real estate services, consulting and investment management company. The company offers specialized services for owners, users and investors.
At the end of June 2019, JLL was active worldwide with over 92,000 employees in more than 80 countries. Annual sales in 2018 were $ 16.32 billion.
LaSalle Investment Management , the company's investment management arm, had assets under management of $ 60.5 billion at the end of 2018.
history
In 1783 Richard Winstanley began his business as an auctioneer in London, which was continued by his son from 1806. From the Winstanley company , Jones Lang Wootton & Sons emerged in 1939 after a number of partnerships and mergers . After the end of the Second World War, Jones Lang Wootton set to the task of documenting property boundaries and locating the owners of thousands of small parcels in 1945, as the cadastral records were also destroyed as a result of bombing. This laid the foundation stone for the company to take a unique position in London with development licenses and agency contracts in 1954, when the city was busy rebuilding. Jones Lang Wootton began his international expansion in 1957 by opening offices in Australia and later in New Zealand, Singapore, Malaysia, Hong Kong, Japan and Europe.
IDC Real Estate was founded in El Paso, Texas in 1968 by a group of professionals . After expanding beyond the country's borders and relocating to Chicago. IDC was subsequently renamed LaSalle Partners and became one of the leading real estate companies in the United States.
In 1973 Jones Lang Wootton opened his first office in Germany and in 1975 in New York the first office in the USA. In 1997 LaSalle Partners went public on the New York Stock Exchange .
In 1999, Jones Lang Wootton and LaSalle Partners merged to become Jones Lang LaSalle in the largest international merger in the real estate industry to date . Since then, Jones Lang LaSalle has been one of the leading international service companies in the investment and management of commercial real estate.
In Germany, Jones Lang LaSalle developed into the leading retail consultancy in 2008 through the acquisitions of Brune Consulting Management and Kemper's, the market leader in the retail property segment. Jones Lang LaSalle opened up the global consulting market for commercial real estate and took over, among others, the leading retail specialist Churston Heard in Great Britain and the specialist Alkas in Turkey. With the acquisition of the London-based real estate service provider King Sturge in 2011, JLL established itself as the market leader in Great Britain and continental Europe. In addition to King Sturge, JLL made eight other acquisitions in 2011 in the USA, South Africa, Singapore and Indonesia, including Procon, DST International and Keystone Partners. In 2011, JLL won the title “Fortune World's Most Admired Companies in 2011”. The acquisitions in 2012 include MPS Property in January, JER Partners in March and Credo Real Estate and 360 Commercial Partners in July. At the beginning of 2016, ACREST Property Group GmbH was acquired in the Asset Management division in Germany and subsequently integrated as JLL Retail Asset Management GmbH. In 2017 Zabel Property AG was acquired and in 2018 Zabel Property became JLL Residential Development . The subsidiary JLL Spark was founded in 2017 . In 2019 JLL took over the real estate investment service provider HFF.
JLL Spark
JLL Spark will develop new products, make strategic investments and found or support proptech startups. To this end, JLL Spark founded its own investment fund with a volume of 100 million dollars, which is intended to invest in proptech companies.
German market
At six of the German JLL locations, the division offers project developers a comprehensive range of services for the conception and marketing of construction projects. New residential units are sold through the 15-language team in Germany, 45 sales partners abroad and JLL's global network of locations.
Web links
Individual evidence
- ↑ a b JLL Reports Another Record Performance with Continued Momentum through Q2 2019. Retrieved August 6, 2019 (American English).
- ↑ a b JLL - Results Q4 2018. February 12, 2019, accessed on August 6, 2019 .
- ↑ The real estate company JLL. Retrieved February 7, 2018 .
- ↑ JLL: Record sales in the fourth quarter and full year 2018. February 13, 2019, accessed on August 6, 2019 .
- ↑ JLL takes over ACREST Property Group GmbH. Retrieved March 17, 2017 .
- ↑ Imprint. Retrieved March 17, 2017 .
- ↑ Merger with JLL: Zabel Property becomes part of the leading real estate consultancy. Retrieved February 7, 2018 .
- ↑ JLL: Expansion of real estate investment services - Deutsche Finanz Presse Agentur Finanzdienstleistungs-Kapitalanlage-News. Retrieved August 6, 2019 .
- ↑ JLL: JLL launches JLL Spark with Silicon Valley veterans. Accessed August 6, 2019 .
- ↑ JLL Spark sets up fund to promote digital companies. Retrieved August 6, 2019 .