As the coronavirus crisis cripples property sales and leasing, JLL’s latest financials may offer a glimpse of what’s ahead for the first-quarter earnings season. The commercial brokerage reported a net operating income of $5.3 million during the first three months of 2020, compared to $21.3 million a year ago, Crain’s reported. JLL said global leasing fell 22 percent year over year, and investment in commercial real estate slipped 5 percent. CEO Christian Ulbrich said on
source https://therealdeal.com/2020/05/05/jll-predicts-coronavirus-impact-to-extend-past-2020/
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