How did JLL become a leader in the real estate market and what does the future hold for the company?

JLL is one of the most prestigious companies in the real estate sector on the global stage. It has 200 offices operating in 75 countries and employs over 52,700 people. The company's services cover both commercial and residential real estate. Its main areas of activity include:

Real estate management

JLL holds a leading position in this field. As of 2014, the total area of the properties under their management exceeded 30 billion square meters, and their value reached approximately 47.6 billion dollars.

Consulting services

The JLL team of analysts carefully studies the commercial real estate market and makes forecasts for both local and international markets. This enables them to provide significant assistance to investors in developing effective strategies. With extensive and up-to-date information on current market conditions, the company's specialists achieve high accuracy in asset valuation.

Mediatory services

JLL represents its clients in transactions related to both the sale and lease of residential and commercial properties.

Charity

In March 2011, JLL made a significant donation of approximately $1.25 million to assist the victims of the earthquake in Japan.

Awards

• Three timesentered the list of the most respected companies according to Fortune magazine (in 2008, 2009, and 2011).
• Twicemarked as one of the fastest-growing businesses (in 2007 and 2008).
• Inin 2009I received an award for the best investment agency, as well as for being the best consultant and rental agent in Central and Eastern Europe.
• From 2008 to 2014Ethisphere Instituteincluded JLL among the most ethical companies in the world.
• Inin 2009became the best real estateagency in the UK and the best consulting firm in Russia.
• Inin 2013Forbes magazine named JLL one of the most reliable companies in America.
• Inin 2013 and 2014I received a prestigious award at the UK Property Week Awards as the best investment agency of the year.

Company history

The history of JLL spans more than two and a half centuries. In 1783, Richard Winstanley, a resident of London, founded a company that dealt with real estate sales at auctions. Over time, the company changed owners, and in 1939 it was acquired by the Utton family, becoming known as Jones Lang Wootton (JLW) & Sons. After the end of World War II, when London began to actively recover, JLW expanded its services by introducing real estate functions, which contributed to its success. In 1957, the first overseas JLW offices opened in Europe, and soon they spread across the globe.

JLL's development in Chicago

Today, the company known as Jones Lang LaSalle is exploring new horizons for its growth, located in the heart of Chicago. In 2014, it decided to simplify its name to JLL and updated its logo, marking an important milestone on the path to modernization.

Achievements of 2013

In 2013, JLL was involved in a significant number of transactions — 28,900, with a total area exceeding 7 billion square meters and a combined value reaching an impressive $98.7 billion. This year was successful for the company: it earned $4 billion, which is a 12% increase compared to 2012 and a 27.5% increase compared to 2010.

Hotel sales in 2014

In 2014, JLL was actively involved in the sale of several hotels, among which the following stand out:

• Movenpick Hotel in Dubai
• Hilton Cabana Miami Beach in Miami sold for $71.6 million.
• B Ocean Hotel in Fort Lauderdale for 65 million dollars
• Parrot Key Resort in Florida for 100 million dollars
• Intercontinental New York Barclay in New York for 300 million dollars
• Marriott Hotel Grosvenor Square in London for 125 million pounds sterling

Company clients

Among JLL's clients, you can find giants likeAirbus Americas,Aviva,Hilton Worldwide,Siemensand many others, which confirms the company's high reputation in the market.

Future plans

As for the future, JLL is on a path of active growth and is focusing on developing strategies aimed at long-term development. The strategy formulated to achieve goals by 2020 includes:

• Analysis and implementation of new customer needs
• Identifying market trends in all aspects of activity

The main goals of the company remain unchanged: to increase profitability and invest in a prosperous future.

Adaptation to changes

JLL continues to adapt to modern challenges by providing its clients with the most effective solutions. These characteristics contribute to the sustainable development and stability of the organization amid the ever-changing real estate and services market.

Principles and values

Thus, JLL finds its unique path to success by remaining committed to the core principles of quality and reliability that form the foundation of its business approach.

Conclusion

In conclusion, I want to summarize the importance and significance of a company like JLL in the real estate market, both locally and globally. Given its long history and professionalism, JLL has established itself as a reliable partner in management, consulting, and brokerage services.

With a vast number of successfully completed deals and active participation in projects, the company provides its clients with valuable insights and experience that is truly invaluable.

Social responsibility

It is important to note that JLL is not limited to purely commercial interests. It actively participates in charitable initiatives, which demonstrates its social responsibility and commitment to maintaining a positive image in society. The company's achievements, recognized with numerous awards, confirm its adherence to the highest standards in both business and ethics.

Future prospects

The prospects outlined in the strategy up to 2020 open new horizons for JLL's further growth. I can confidently say that, considering current trends and the changing needs of clients, the company is ready for new challenges and changes in the market.

Why JLL?

Thus, if you are looking for a reliable partner in the real estate sector, JLL appears to be an excellent choice. Considering all the information and achievements outlined in this article, you can be confident that the company will continue to be a leader in its industry moving forward.