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News

Jones Lang LaSalle reports revenue growth of 18 percent

The company reported $22 million of adjusted net income for the first quarter of 2012. Operating income margins expanded in all operating segments.

A measured recovery

Global Market Perspective, Second Quarter 2012: Market data suggests a slowing in forward momentum in Q1 but given the more positive outlook for the global economy and the strong pipeline of deals, we expect the market to resume its steady recovery during the remainder of 2012.

NEWS

Prague offices – green leadership and solid leasing performance

"Focus on sustainability both in terms of construction as well as its operation unifies nearly all newly developed office projects in Prague. Situation on the market definitely favours green buildings, meaning whoever is not building green, definitely loses in the eyes of high-profile tenants as well as international investors,“ says Eduard Forejt, Head of Office Agency at Jones Lang LaSalle Prague.

NEWS

GlaxoSmithKline new tenant of the City Green Court

Pharmaceutical company GlaxoSmithKline has become a new tenant in the prestigious office building – City Green Court in Prague 4 Pankrác. GSK will occupy 2,000 m2 as of October 2012. The new lease contract in Prague 4 Pankrác was negotiated by the Tenant Representation team of Jones Lang LaSalle in Prague.

AWARDS

Jones Lang LaSalle named the top real estate broker in Europe

Warsaw and Prague, 15th May 2012 – Jones Lang LaSalle has emerged as the top real estate broker in Europe based on investment transaction volume in 2011, according to PropertyEU's annual ranking 2012. Jones Lang LaSalle leaped far ahead of its nearest competitor with total deal volume of EUR 23.1 billion.

MARKET RESEARCH

Going Green in Eastern Europe – a new report by Jones Lang LaSalle

Jones Lang LaSalle is pleased to present a new research report on sustainable development in Central and South-Eastern Europe “Going Green in Eastern Europe”. The report is a comprehensive review of sustainability initiatives in this part of Europe and gives answers to such questions as: 1) what activity is currently undertaken in regard to green development; 2) who are the main stakeholders; and 3) when changes to the current practices have to be made.

THE INVESTOR app is now available

RETAIL MARKET

Prague has got the strongest high street in CEE

Wenceslas Square and Na Příkopě street are the most important retail high streets in the Visegrad countries (PL, CZ, SK, HU). Pařížská street in Prague is the most luxurious retail street in the region

Recognition

Jones Lang LaSalle one of ‘World’s Most Ethical Companies’

2012 marks the company's fifth consecutive year on the Ethisphere Institute's list.

Twitter @ JLLNews
Retailers, want to make a deal at #RECON12? Check in with @johnbemis1 #JLL - http://t.co/T48N9qlL

Retailers, want to make a deal at #RECON12? Check in with @johnbemis1 #JLL - http://t.co/Y0pGTAul

CEE Retail Market in 2012

MARKET RESEARCH

Prague Hotels

“Currently, there are a total of 340 hotels in Prague, out of which 80% are in the segment of three to five stars category and only 20% in the economy/budget segment. Three-star hotels form a majority of the hotel stock in Prague, meaning 161 establishments and accounting for more than a third of the hotel properties in Prague.“ says Karel Klečka who specialises in hotel valuation at Jones Lang LaSalle Prague.

INVESTMENT

Direct commercial property transaction volumes reach $75 billion in Q1 2012

Preliminary direct commercial property transaction volume figures released by Jones Lang LaSalle Capital Markets Research demonstrated a subdued first quarter of 2012, with recorded volumes down compared to the same period in 2011. • Preliminary Q1 2012 volumes down 23% on Q1 2011 at US$75 billion • Full year 2011 volumes also revised up to US$418 billion • Full year 2012 forecast remains consistent with 2011 at circa US$400 billion

RECOGNITION

Jones Lang LaSalle wins Capital Markets and Retail and Leisure Agency awards for Central & Eastern Europe at the CEEQA 2011

Warsaw and Prague, 19 April 2012 – At the 9th CEE Real Estate Quality awards gala Jones Lang LaSalle picked up two out of four agent awards in the CEE for their performance in 2011. The firm was named the Best Agent in CEE for Capital Markets and Retail and Leisure Leasing.

Is obsolescence looming over your portfolio?

Building obsolescence will accelerate and become the single biggest issue for the office sector…and occupiers and investors are not immune (read more)

Offices 2020

If offices are still the ‘place to be’ for investors and employees, can real estate leverage greater influence? Join us in our discussion on Offices 2020 and prepare for the future changes today.

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