Jones Lang LaSalle IncorporatedNYSE: JLL

CHICAGO , July 1, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) ("JLL" or the "Company"), announced today the establishment of its inaugural commercial paper program. The program allows JLL (through one of its wholly-owned subsidiaries) to issue up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes (the "Notes").

JLL is navigating commercial real estate headwinds due to rising interest rates and work-from-home trends, with recovery expected as rates decrease later in 2024. JLL offers a broad range of real estate services globally, increasing its workforce by 17% since 2019, showing resilience despite industry turmoil. Q1 2024 saw a 9% revenue increase to $5.1 billion and a 150% rise in adjusted EPS, amid strong performance across business segments.

The Zacks Real Estate Operations industry players like JLL, KW and LEGH are poised to gain attention from the growing trend of outsourcing real estate services and other emerging industry trends despite elevated debt costs and market caution.

Jones Lang LaSalle (JLL) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

The Diplomat is an award-winning, 1,000-key beachfront resort in Hollywood, Florida HOLLYWOOD, Fla. , June 17, 2024 /PRNewswire/ -- JLL's Hotels & Hospitality group announced today that it has arranged $575 million in financing for the Diplomat Beach Resort, an award-winning beachfront resort with 1,000 guest rooms in Hollywood, Florida.

Jones Lang LaSalle (JLL) reported earnings 30 days ago. What's next for the stock?

CHICAGO , May 22, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) announced that Susan Gore was elected as an independent, non-executive member of its Board of Directors effective May 22, 2024. She will serve as a member of the Audit and Risk and Nominating, Governance and Sustainability Committees.

RALEIGH, N.C.--(BUSINESS WIRE)--Aston, the pioneer of the fastest path to clean energy for the global supply chain, today debuted a first-of-its-kind Rapid Development Program (RDP) for Clean Data Centers. Aston's demand-driven approach brings scalable clean energy to data centers with a network of clean energy generation and industrial private grids purpose-built for each customer's energy needs today and for decades to come. Aston's first campuses in Colorado, New Mexico, Texas, and beyond, a.

JLL acquires SKAE Power Solutions to improve data center capabilities.