Strong Revenue and EPS Growth
JLL reported strong results with their sixth consecutive quarter of double-digit revenue gains and eighth consecutive quarter of double-digit adjusted EPS growth. Revenue grew by 10%, adjusted EBITDA increased by 16%, and adjusted EPS was up by 29%.
Transactional Business Surge
Transactional revenue grew 13% in the quarter, led by 26% growth in investment sales, debt, and equity advisory, indicating a strong recovery and momentum in the Transactional markets.
AI and Technology Integration
JLL has integrated AI into their operations, with more than 41% of their addressable population using proprietary AI tools daily, up from 35% earlier this year, enhancing productivity and efficiency.
Capital Market Services Growth
Capital Market Services saw growth trends accelerate with a 47% increase in Debt Advisory and 22% growth in Investment Sales, driven by strength in debt markets and improved bidder dynamics.
Investment Management Success
JLL has raised $3.4 billion of private equity capital year-to-date, compared to $2.7 billion for the full year 2024, showing continued strong demand for credit and core strategies.