Global property firm Jones Lang LaSalle (JLL) posted an adjusted net income of US$55 million (S$67 million) last quarter, representing US$1.23 (S$1.50) per share.
In addition, consolidated revenue rose five percent to US$949 million (S$1.2 billion), while on a fee revenue basis, the company raked in U$878 million (S$1.1 billion) in consolidated revenue.
“We maintained our steady growth in revenue and earnings in the quarter and the year to date,” said Colin Dyer, President and CEO of JLL.
He added: “While we remain appropriately cautious given the ongoing, hesitant recovery in global real estate markets, our healthy pipelines, continued market share gains and committed cost management give us a good base for the fourth quarter and into 2013.”
The firm’s consolidated revenue growth to S$878 million was supported by solid leasing performance and growth in property and facility management.
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