Jones Lang LaSalle Incorporated (JLL) is a renowned global real estate services company with a rich history. Established in the United Kingdom, JLL now operates in 80 countries worldwide. Apart from offering real estate services, JLL also provides investment management services to institutional and retail investors, as well as high-net-worth individuals. They are committed to delivering exceptional results and innovative solutions for their clients.
Unveiling the History
JLL's roots can be traced back to the merger of Jones Lang Wootton and LaSalle Partners in 1999. This merger, valued at $435 million, marked a significant milestone for the company. Jones Lang Wootton, a London auctioneer established in the 1700s, had already made its mark in the United States real estate market by 1976. Meanwhile, LaSalle Partners, originally founded as the International Development Corp in 1966, had grown into a reputable real estate company based in Chicago, Illinois.
Expanding Horizons
Over the years, JLL has grown and evolved through strategic acquisitions and expansions. They acquired The Staubach Company in 2008, further strengthening their position in the market. The merger with UK-based King Sturge in 2011 led to the creation of the largest property agent in the UK. JLL's acquisition of Irish-based Guardian Property Asset Management in 2015 further expanded their global presence.
Embracing Innovation
In addition to their core real estate services, JLL has also embraced technology and innovation. They launched JLL Spark, a division dedicated to property technology (proptech), in 2017. Through JLL Spark, JLL has been able to invest in real estate start-ups, fostering innovation within the industry. Furthermore, JLL's focus on sustainability and climate change led them to establish the JLL Foundation in 2022, supporting startups that develop sustainable products and technologies.
A Global Powerhouse
JLL currently operates with a workforce of over 103,000 employees spread across 80 countries. Their wide range of services includes investment management, asset management, sales and leasing, property management, project management, development, and property technology. With their extensive expertise and global reach, JLL is well-equipped to meet the diverse needs of their clients.
JLL's commitment to excellence and innovation has earned them a place amongst the Fortune 500. Their dedication to providing top-notch real estate services and investment management has made them a trusted partner for individuals, institutions, and businesses worldwide. Discover the difference that JLL can make in the world of real estate.
