James Cook Joins JLL as Director of Americas Retail Research
Aug 26 15
JLL has invested in the growth of its Retail brokerage and property management service offerings, most recently with the acquisition of the Wilson Group in Los Angeles and Shelter Bay in San Francisco. Now it's building its retail research platform with the addition of James Cook as the Americas Director of Retail Research. In his new role, Cook will work closely with the firm's retail experts on data collection that will broaden its retail leasing and investment market analysis. Cook most recently built and led the new analytics department for Xceligent as a National Director. Prior to that he served as the U.S. Director of Research at Colliers International where he oversaw the commercial property market's research products and services across all asset classes. He is the Chairperson for ICSC's annual Research Connections conference, and previously served on the NAIOP conference planning committee and ULI's Indianapolis Chapter.
Jones Lang Lasalle Incorporated Elects Louis F. Bowers Global Controller
Aug 17 15
Louis F. Bowers, previously the Director of Accounting Policy of Jones Lang LaSalle Incorporated, has been elected the company's Global Controller, effective August 14, 2015. In that role, Mr. Bowers will be the company's principal accounting officer. Mr. Bowers will replace Mark K. Engel, whose resignation was previously announced and will be effective on the same date. He has served as Director of Accounting Policy of the company since September 2014. Prior to that, Mr. Bowers served in various positions, including Vice President and Controller, at Retail Properties of America Inc., from June 2011 to September 2014.
David Zoba Joins Jones Lang Lasalle as Global Retail - Leasing Board Chairman
Aug 5 15
David Zoba joined Jones Lang Lasalle Inc. as Global Retail - Leasing Board Chairman. Zoba brings 30 years of experience to the firm, and spent the past six years as the Senior Vice President, Global Real Estate and Store Development at Gap Inc. In his new role, Zoba will unite the firm's Asia Pacific, Europe and Americas retail experts, counsel growing brands entering foreign markets and connect them with retail's top landlords in North America, Europe and Asia.
Jones Lang LaSalle Incorporated Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 29 15
Jones Lang LaSalle Incorporated announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, revenue was $1,373,475,000 against $1,277,204,000 a year ago. Operating income was $102,963,000 against $91,656,000 a year ago. Income before income taxes and non-controlling interest was $122,533,000 against $96,483,000 a year ago. Net income attributable to the company was $90,311,000 against $71,942,000 a year ago. Net income attributable to common shareholders was $90,148,000 against $71,766,000 a year ago. Diluted earnings per common share were $1.98 against $1.58 a year ago. EBITDA was $155,586,000 against $126,927,000 a year ago. Adjusted earnings per share were $2.01 against $1.68 a year ago. Adjusted net income was $92 million against $76 million a year ago. Adjusted EBITDA was $157 million against $132 million a year ago. Adjusted operating income was $104.8 million against $97.2 million a year ago. Total net debt was $522 million, a decrease of $24 million from the first quarter 2015 and $150 million from the second quarter last year.
For the six months, revenue was $2,576,986,000 against $2,314,646,000 a year ago. Operating income was $155,621,000 against $76,390,000 a year ago. Income before income taxes and non-controlling interest was $180,536,000 against $83,483,000 a year ago. Net income attributable to the company was $132,205,000 against $87,844,000 a year ago. Net income attributable to common shareholders was $132,042,000 against $87,668,000 a year ago. Diluted earnings per common share were $2.91 against $1.94 a year ago. EBITDA was $244,550,000 against $142,974,000 a year ago. Adjusted earnings per share were $2.95 against $2.05 a year ago. Adjusted net income was $134 million against $93 million a year ago. Adjusted EBITDA was $247 million against $184 million a year ago. Cash used in operating activities was $214,851,000 against $147,008,000 a year ago. Adjusted operating income was $158.2 million against $117.8 million a year ago.