Jones Lang LaSalle Incorporated , the leading integrated financial and professional services firm specializing in real estate, today reported net income of $32 million on a U.S. GAAP basis, or $0.72 per share, for the quarter ended June 30, 2010. This compares with a net loss of $14 million on a U.S.
Leading building owners and investment advisory firms have joined corporate tenants in committing to a statement of principles and a Green Lease Action Plan to resolve the challenges of energy and sustainability in leased commercial office space.
Shares of CB Richard Ellis Group and Jones Lang LaSalle change hands at rapid speed on the commercial real estate firms' return to profitability. 2010 07 28 17:18
Webcast Alert: Jones Lang LaSalle's Second Quarter 2010 Results and Conference CallPR NewswireCHICAGO, July 21CHICAGO, July 21 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL) announces the 2010 07 28 07:45
Jones Lang LaSalle beats by $0.25, beats on revs Reports Q2 (Jun) earnings of $0.83 per share, excluding non-recurring items, $0.25 better than the Thomson Reuters 2010 07 28 06:27
Jones Lang LaSalle Reports Second-Quarter 2010 Net Income of $32 MillionRevenue of $680 million; earnings per share of $0.72PR NewswireCHICAGO, July 27Revenue of $680 million; earnings per share of 2010 07 27 17:30
Leading Real Estate Organizations Commit to Collaborative Action Plan for Green LeasesGreenprint Foundation and Jones Lang LaSalle connect real estate investment leaders Beacon Capital, JPMorgan 2010 07 26 16:21
Webcast Alert: Jones Lang LaSalle's Second Quarter 2010 Results and Conference CallPR NewswireCHICAGO, July 21CHICAGO, July 21 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL) announces the 2010 07 21 07:30
For the last year and three months I have written a weekly piece on industry rotation that is largely based on price momentum, and described in this old piece that I wrote: A Different Look at Industry Momentum. I have my doubts about that piece around turning points and in choppy markets. I stated as much in my later piece A Different Look at Industry Momentum — II. It seems that the momentum effect has been declining over...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund 13F filings.)
Next up is Thomas Steyer's hedge fund Farallon Capital. Steyer founded Farallon in 1986 and today it is a multi-billion dollar hedge fund that invests in equities, private investments, debt, and real estate. Typically though, the fund is focused on risk arbitrage strategies and you'll find a lot of evidence of this in its portfolio below. In terms of other recent activity, we...
As 2009 has come to a close, it’s time to take a look at the Against the Sky Portfolio, check its performance, and test its asset allocation. Overall, I’m pleased with the performance of the portfolio, but in my search for value, I suspect that I’ve drifted from its original intent.
Returns
In 2009, the net asset value (NAV) of the Against the Sky Portfolio increased from $7.02 to $9.40, a 33.9% return. This compares to a 25.2% return for the S&P 500 (SPY)....
This is the third quarter 2009 edition of our hedge fund portfolio tracking series. If you're unfamiliar with tracking hedge fund movements or SEC filings, check out our series preface on hedge fund 13F filings.
Next up in our series is Thomas Steyer's hedge fund firm Farallon Capital. Thomas Steyer founded Farallon in 1986 and today it is a multi-billion dollar hedge fund that typically uses risk arbitrage strategies and invests in equities, private investments, debt, and real estate. Previously, Steyer was an analyst for Morgan Stanley in its Mergers & Acquisitions department and also an...
Yesterday, CoStar published an article entitled Institutional Investors Throwing Big Money Around Class A Quality Retail Property. The article highlights several recent large transactions that have taken place and interviews guys from CBRE (CBF), Marcus & Millichap and Jones Lange LaSalle (JLL) for opinions. A few of the points/quotes caught my attention and I thought I’d share my comments on the matter.
First off, M&M’s Bernie Haddigan comments on the fact...
First, US Employment Rate Report is Friday. October is almost here. This bear market rally looks like it’s ready to reverse once they take the bull off the stage. S&P500 going to 400 like some say and I think? Europe is releasing bank stress test results. There’s talk that the US Fed might start raising rates sooner than later. I’ve been saying all along, we have not seen the lows for stocks or real estate prices yet. I see them much lower in the years ahead. Then again I could be wrong. The market...
Chicago ? Working with Tishman Hotel Realty, Jones Lang LaSalle has secured $158.5 million in senior debt financing from Goldman Sachs Real Estate Mezzanine Partners for the refinancing of the ...
The Birmingham office of Jones Lang LaSalle has been appointed to a sell an historic former police headquarters in Staffordshire. Crossfields in Baswich near Stafford was built in 1881 and used to ...
LONDON, July 30 (Reuters) - Corporate occupiers agreed to rent a further 2.6 million square metres of European office space in the second quarter, up 6 percent on the previous quarter and 34 ...
Jones Lang Lasalle Inc. (JLL) [Chart - Analysis - News] lost some ground during trading yesterday, but it appears there is some bullish pressure building up in the background. Looking at yesterday ...
Some city officials and owners of Laurel Mall described the transfer this month of the shopping center's leasing and management contracts from Chicago-based General Growth Properties to Chicago ...
Below are the top 10 fastest-growing Real Estate stocks, based on the average long-term earnings growth rate estimated by Wall Street analysts. Three Chinese companies (EJ, CTC, CRIC) are on the ...
0721 GMT [Zawya Dow Jones]--The Europe, Middle East and Africa, or EMEA, hotel investment market is expected to see stronger investment activity in the second half of the year, says Jones Lang ...
Pacific Business News - Three shopping centers in Hawai'i revealed last week the transfer of its leasing and management responsibilities from General Growth Properties (GGP) to a diversified real ...
The Dow Jones Industrial Average (DJIA) is hovering just below breakeven heading into midday trading, with Wall Street bulls rather skittish ahead of the Fed's Beige Book after June's durable ...
Jones Lang LaSalle Inc. (JLL, $79.61, +$4.94, +6.62%) swung to a second-quarter profit on double-digit revenue growth, higher margins and fewer charges as leasing and capital markets business ...
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