JLL has posted a 17% increase in revenue for the three months ended 30 June, to $5.3bn (£4.3bn).
For the first six months of the year, revenue was up 18% to just over $10bn.
Chief executive Christian Ulbrich said: “JLL showed strong and resilient performance through the second quarter, with double-digit fee revenue growth across nearly all of our business lines. We continue to see significant growth opportunities and intend to strategically invest in people and technology through the cycle in areas of our business which we believe will drive outperformance in the coming years.
“Our investment grade balance sheet and free cash flow allow us to make these investments while continuing to return capital to shareholders.”
Growth in the first half of the year was driven by the firm’s capital markets business, which recorded a 33% increase in revenues to $1.3bn. The biggest slice of revenue was delivered by JLL’s Work Dynamics division, which provides workplace management. It delivered $6.3bn of revenue, up from $5.5bn in H1 2021.
To send feedback, e-mail samantha.mcclary@eg.co.uk or tweet @samanthamcclary or @EGPropertyNews
