Jones Lang LaSalle Reports First-Quarter Earnings; Strong European Operating Results Provide a Boost
Jones Lang LaSalle reported first-quarter earnings that were roughly in line with management’s expectations as the firm posted a solid start to the year. Revenue for the March quarter was up 10% to $3.6 billion as compared with the first quarter of last year. Overall, the global real estate market continues to stay on a steady pace. While management anticipates leasing volumes to be down a bit during 2018, they are still at relatively strong levels considering the tougher comparisons year over y...Jones Lang LaSalle is a professional services firm that engages in real estate and investment management. The company delivers an array of services across four business segments. The company manage its Real Estate Services offerings across three geographic business segments: the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific, and the company manages its investment management business globally as LaSalle Investment Management. In its Americas, EMEA and Asia Pacific operating segments, the company provides a range of leasing, capital markets, integrated property and facility management, project management, advisory, consulting, valuations and digital solutions services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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