Jones Lang LaSalle Incorporated (JLL)

Is JLL publicly traded?
Yes. Jones Lang LaSalle Incorporated trades on the New York Stock Exchange under the ticker JLL. It has been public since the 1999 merger that created the company and is a Fortune 500 member.

When was JLL founded?
JLL was formed in 1999 through the merger of Jones Lang Wootton, founded in London in 1783, and LaSalle Partners, founded in Chicago in 1968. The company adopted the JLL brand worldwide in 2014.

Who is the CEO of JLL?
Christian Ulbrich is chief executive officer and president of JLL. He has held the role since 2016 and is a German national who previously led the company's European and corporate client businesses.

What does JLL do?
JLL provides commercial real estate services including workplace and facilities management, leasing and tenant representation, investment sales and debt advisory, project management, and investment management through LaSalle Investment Management. It operates in more than 80 countries.

What was JLL's revenue in 2025?
JLL reported revenue of $26.1 billion for fiscal year 2025, up 11% year over year, with diluted EPS of $16.40 and adjusted diluted EPS of $18.80. Real Estate Management Services generated about three-quarters of the total.

What is the difference between JLL and LaSalle?
JLL is the master brand covering all services businesses. LaSalle Investment Management is a separately branded subsidiary that manages real estate funds and portfolios for institutional investors, functioning as the company's asset management arm.

JLL's two predecessor firms each trace to very different origins. Jones Lang Wootton was founded in London in 1783 by Richard Winstanley as an auctioneer and estate agency, becoming a leading British property firm over the following two centuries. LaSalle Partners was founded in Chicago in 1968 as a real estate investment adviser and grew into a major US services firm.

In 1999, LaSalle Partners merged with Jones Lang Wootton to form Jones Lang LaSalle Incorporated, a public company listed on the NYSE. The merger created one of the first truly global property services firms, combining JLW's strength in Europe and Asia with LaSalle's US corporate client base and its investment management arm, LaSalle Investment Management, which became a subsidiary of the combined company.

Through the 2000s and 2010s, JLL expanded aggressively through acquisitions and organic growth, including the 2008 purchase of Staubach, a tenant representation firm, and steady expansion of its facilities management and project management businesses. In 2014, the company formally adopted "JLL" as its master brand worldwide while retaining Jones Lang LaSalle as its legal name.

JLL launched JLL Technologies in 2019 as a dedicated technology and data business and has invested in proptech ventures through its JLL Spark venture arm. Under CEO Christian Ulbrich since 2016, the company has shifted its mix toward recurring, higher-margin management services while continuing to dominate global capital markets and leasing advisory.

By 2025, JLL had achieved its mid-term margin target ahead of schedule and returned more capital to shareholders, repurchasing $211 million of stock during the year, more than double the prior year.

JLL has committed to net zero carbon emissions for its own operations and helps corporate clients decarbonize their buildings and portfolios, which is a commercial strength as well as an environmental one. The company publishes sustainability reporting and holds EcoVadis and CDP disclosures consistent with large services firms.

As a services company, JLL's direct environmental footprint is modest; its larger impact is through the buildings it manages and advises on for clients. The firm markets green-building certification services, energy retrofits, and sustainability advisory as a growth line.

Governance and ethics disclosures follow standard public-company requirements. The firm has faced periodic client and employee complaints in its facilities management business typical of a large services employer, with no systemic scandal reported through 2026.

JLL operates in a heavily regulated industry but has avoided the major scandals that have affected some real estate competitors. Periodic issues include disputes over fees in property management contracts, conflicts-of-interest questions inherent in dual-sided brokerage work, and labor disputes in certain markets.

Like other big services firms, JLL is exposed to cyclical downturns in real estate transactions, which historically have forced workforce reductions in capital markets and leasing during downturns, including pandemic-era cuts in 2020.

The company's research and consulting on office market health has occasionally drawn criticism for perceived optimism bias during the remote-work era, though this remains a soft reputational issue rather than a legal or regulatory one.