- Real estate and investment management firm Jones Lang LaSalle Inc (NYSE:JLL) expects 2025 Fee revenue to be $10 billion – $11 billion.
- It sees 2025 adjusted EBITDA margin of 16% – 19%.
- In addition, JLL is currently expecting to operate within a Net Debt to Adjusted EBITDA leverage range of 0.0x to 2.0x.
- “The commercial real estate industry is being shaped by the rapid adoption of technology and an increased focus on sustainability,” said CEO Christian Ulbrich.
- Price Action: JLL shares traded higher by 3.15% at $165.74 on the last check Wednesday.
Bill Ackman To Wind Down SPAC After Failing to Find Target Company: What Happens To Shareholder Funds?
Pershing Square Tontine Holdings Ltd (NYSE: PSTH), a special purpose acquisition company (SPAC) promoted by hedge fund manager Bill Ackman, said on Monday that it will return $4 billion of capital in trust to shareholders.
