Thursday, 6 August 2020

JLL profits halved by pandemic

JLL’s profitability fell by more than half during the second quarter as fees from brokering office leases around the world slowed to a trickle. JLL, the second-biggest real estate services firm in the world, saw a 54 percent reduction in earnings before interest, taxes, depreciation and amortization to $103 million during the second quarter compared to the same time last year, according to the firm’s latest financial results. Company CEO Christian Ulbrich said during the



source https://therealdeal.com/2020/08/06/jll-profits-halved-by-pandemic/

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