Jones Lang LaSalle Incorporated (NYSE: JLL) has reported 2014 adjusted earnings per share of $8.69, up from $6.32 in the prior year. Full-year fee revenue of $4.7 billion was up 18 percent. All percentage variances are calculated on a local currency basis.
“We completed an excellent fourth quarter and full-year 2014, with strong revenue growth across all service lines and geographies, record profit, and record levels of new capital raised by LaSalle,” said Colin Dyer, President and CEO of JLL. “In 2015, we will continue our consistent policy of investing in our platform to continuously improve the quality and scope of our services, and build the long-term value of our company,” Dyer added.
Ian Cornock, lead director for the Midlands region said: “The region definitely began to bounce back last year, experiencing a stellar year for investment, a booming industrial market and take-up figures for the office market reaching its highest total since 2008. All of which impacted on JLL. The HS2 effect on Greater Birmingham is clearly starting to have an impact, with large corporates reconsidering their real estate strategy and looking at near-shoring their operations. A bold new Birmingham is gaining traction as a major European destination with overseas investors too. JLL’s china desk, for the first time ever is having conversations about the city as a place to invest with email traffic significantly up. The Greater Birmingham and Solihull LEP attracted more foreign direct investment last year than any other LEP area. With exciting new plans being announced for the redevelopment of Snow Hill and the Colmore area as a major professional and financial services hub akin to Canary Wharf, we are in an exceptional position to build on the successes of 2014 and experience a true revival of the regions in 2015 and beyond.”
