GLOBAL - Jones Lang Lasalle reported revenues of US$1.39bn for the full year 2005, up 19% from the year before aided by growth in all operating segments. The real estate services and money management firm reported a net income increase of 61%, rising from $64m in 2004 to $104m. For the fourth quarter of 2005, net income was $67m, compared to $50m for the same period in 2004.
Operating income for the year was $132m compared with $90m for 2004, representing an increase of 47%. Operating expenses were $413m for the fourth quarter of 2005 compared with $353m Q4 2004. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
