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Talk:JLL (company)

Latest comment: 8 days ago by AHatJLL in topic Updating History
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Update History section, remove tag

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Hello, Wikipedia! It's Jessica. As an employee of JLL, I will only post to talk pages and refrain from making direct edits, in order to adhere to the rules of Wikipedia's conflict of interest guidelines.

I noticed there was recently a tag placed on the article by User:虹易 suggesting that the content in this article reads like a press release. According to their user page, the editor that placed this tag is taking a hiatus from Wikipedia until October. I would like to work with editors here to make the article comply with Wikipedia's rules and have the tag removed, preferably sooner than October.

Since the bulk of the article is the History section, I've drafted an updated section in a narrative format with better sourcing (no press releases) and updated figures. Please see my draft below. User:TenPoundHammer, you have been really helpful here in the past. If you're interested, I would love for you to take a look at my draft below and offer any suggestions and/or implement my draft if you see fit.

Extended content

History

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The company began as the result of a 1999 merger of Jones Lang Wootton and LaSalle Partners.[1][2] Jones Lang Wootton was a London auctioneer that originated in the 1700s.[1] By 1976, Jones Lang Wootton expanded into the United States real estate market in New York City.[3] The company had 4,000 employees in 33 countries around the time of the merger with LaSalle Partners.[4]

William Sanders founded real estate company International Development Corp in 1966 in El Paso, Texas.[5][6] Sanders renamed the company LaSalle Partners in 1968 and relocated to Chicago, Illinois.[5] The company first offered investment banking, investment management, and land services.[7] By 1997, LaSalle had grown into three business divisions, Management Services, Corporate and Financial Services, and Investment Management, with ten U.S. corporate offices and seven international offices.[7] LaSalle Partners made an initial public offering in 1996.[7]

LaSalle Partners and Jones Lang Wootton merged to form Jones Lang LaSalle (JLL) in 1999 in a $435 million deal.[2][8]

JLL purchased The Staubach Company in 2008.[9] Roger Staubach served as executive chairman of JLL from 2008 until he retired in 2018.[10] JLL merged with UK-based King Sturge in a £197 million deal in 2011.[11] The combined business, with 2,700 employees and 43 offices, created the largest property agent in the UK, at the time of publishing in 2011.[11] The company acquired UK-based Guardian Property Asset Management in 2015.[12] LaSalle Investment Management, a subsidiary of JLL, managed $58 billion in real estate investments for institutional and retail clients, as of 2016.[1] JLL had acquired 80 companies and established 100 offices worldwide by 2016.[9]

The company expanded from commercial real estate services to include property technology or "proptech", with the 2017 launch of its JLL Spark division.[13] In early 2018, the division acquired Stessa, a portfolio management company.[14] In June 2018, JLL Spark created a $100 million venture fund to invest in real estate start-ups, such as a technology to link office users with co-working spaces.[15]

JLL announced the acquisition of HFF in a deal worth $2 billion in March 2019.[16] The acquisition was completed in July 2019 and worth $1.8 billion.[17]

References

  1. ^ a b c Englander, David (28 May 2016). "The Case for Buying Jones Lang LaSalle". Barron's. Retrieved February 8, 2019.
  2. ^ a b Ho, Catherine (17 March 2014). "What's in a name? For Jones Lang LaSalle, a lot less". Washington Post. Retrieved March 11, 2019.
  3. ^ Scardino, Albert (30 March 1987). "A Wall St. Realtor Lures Foreign Cash". The New York Times. Retrieved March 8, 2019.
  4. ^ "Company News; LaSalle and Jones Lang Wootton in Merger Talks". Bloomberg News. 18 June 1998. Retrieved March 8, 2019.
  5. ^ a b Saul, Stephanie (29 October 2018). "Beto O'Rourke Once Supported an El Paso Real Estate Deal. Barrio Residents Remember". The New York Times. Retrieved February 8, 2019.
  6. ^ Helman, Christopher; Debter, Lauren. "Is Beto O'Rourke's Wife Really A 'Billionaire' Heiress? Not Likely". Forbes. Retrieved February 11, 2019.
  7. ^ a b c Bodamer, David (1 April 2014). "Top 10 Brokerage Firms". National Real Estate Investor. Retrieved February 8, 2019.
  8. ^ "Company News; LaSalle To Buy Jones Lang Wootton For $450 Million". Reuters. 23 October 1998. Retrieved March 8, 2019.
  9. ^ a b Chen, Cathaleen (8 September 2016). "Movers & Shakers: NBCUniversal names new chief real estate officer, JLL's new CEO … & more". The Real Deal. Retrieved February 8, 2019.
  10. ^ Hall, Cheryl (14 October 2018). "The gameplan for Roger Staubach? Teaming up with Cowboys pal Robert Shaw and family clock management". Dallas Morning News. Retrieved February 11, 2019.
  11. ^ a b Ruddick, Graham (27 May 2011). "Jones Lang LaSalle merges with King Sturge to become UK's biggest property agent". The Telegraph. Retrieved February 11, 2019.
  12. ^ "JLL moving into residential property with Guardian acquisition". The Irish Times. 12 November 2015. Retrieved February 11, 2019.
  13. ^ Chen, Jackson (4 April 2018). "JLL Spark makes first acquisition as industry gets serious about technology". Retrieved February 8, 2019.
  14. ^ Campbell, Kyle (6 June 2018). "JLL tech division launches $100M prop-tech venture capital fund". Real Estate Weekly. Retrieved February 8, 2019.
  15. ^ Nitkin, Alex (30 January 2019). "JLL Spark leads $5.2M funding round for British office booking platform". Cretech. Retrieved August 1, 2019.
  16. ^ Ecker, Danny (19 March 2019). "JLL to buy brokerage HFF in $2 billion deal". Crain's Chicago Business. Retrieved April 26, 2019.
  17. ^ Carlock, Catherine (2 July 2019). "JLL closes $1.8B acquisition of rival HFF". Boston Business Journal. Retrieved July 11, 2019.

Updating employee figure in Operations

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Latest comment: 7 months ago6 comments2 people in discussion

Hello! It's Allison from JLL with another request on behalf of the company. As an employee of JLL, I have a financial conflict of interest and will use talk pages and not make direct edits, to follow Wikipedia's conflict of interest guidelines. Thanks so much to User:Ptrnext who has updated the infobox with the full year financials for 2023 and the employee number. I'd like to ask if editors could update the employee number in the Operations section, too?

  • Sentence to update:
    • The company has more than 106,100 employees in 80 countries, as of December 2023.[1]

References

  1. ^ "Jones Lang LaSalle Incorporated 2023 Form 10-K Annual Report". U.S. Securities and Exchange Commission. February 27, 2024.

Also, I've seen on some other pages that there is an "archive" for the Talk page to stop it getting too long. Is that something that can be set up for this page? It's very long to scroll down and the discussions go back to 2009.

Would someone be able to make this small update to the page and help with the Talk page archiving? Thank you! AHatJLL (talk) 16:45, 6 March 2024 (UTC)Reply

User:Noxoug1 would you possibly be able to take a look at this request? Alternatively, User:Ptrnext, since you made the infobox updates, would you be willing to update the employee figure? Thank you! AHatJLL (talk) 17:11, 19 March 2024 (UTC)Reply
  Done ARandomName123 (talk)Ping me! 03:02, 20 March 2024 (UTC)Reply
Thanks, User:ARandomName123! Do you know how to archive the Talk page? Is that something you’d be able to help set up or is there someone else I should ask about that? AHatJLL (talk) 19:46, 25 March 2024 (UTC)Reply
@AHatJLL: I've set that up. It should run at least once within the next 24 hours. If not, please ping me and I'll take a look at it. ARandomName123 (talk)Ping me! 22:00, 25 March 2024 (UTC)Reply
Oh wow, that's so much better, User:ARandomName123. Thank you again for all of your help! AHatJLL (talk) 14:37, 27 March 2024 (UTC)Reply

Updating History

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Latest comment: 8 days ago1 comment1 person in discussion

Hello! It's Allison from JLL again with a new request on behalf of the company. As an employee of JLL, I have a financial conflict of interest and will use talk pages and not make direct edits, to follow Wikipedia's conflict of interest guidelines. For this request, I am suggesting three potential additions to the article based on major company updates that received media coverage this year. These could be added to the end of the History:

  • Add mention of the company's partnership with IBM, which launched earlier this year:
    • New sentence to add: The company began a partnership with IBM in 2024, using technology from IBM to provide its clients with a platform that tracks sustainability data for their commercial properties.[1] The company's global sustainability platform is intended to help its clients collect data and provide reporting on environmental sustainability goals, including decarbonization.[2]
  • Add mention of JLL's acquisitions of SKAE and Raise:
    • New sentences to add: During 2024,JLL acquired two technology companies to expand its services. The firm acquired data center services company SKAE Power Solutions in May 2024,[3] forming a technical services division called SKAE, a JLL company.[4] Later that year, JLL acquired Raise, a firm that had developed a technology platform for companies to manage their real estate holdings.[5]

References

  1. ^ Wartzman and Kelly Tang, Rick; Tang, Kelly (July 28, 2024). "What Do Many Better-Managed Companies Have? Lots of Climate-Related Jobs". Wall Street Journal. Retrieved October 18, 2024.
  2. ^ Amarnath, Nish (July 16, 2024). "JLL integrates IBM software into sustainability program management". Facilities Dive. Retrieved October 18, 2024.
  3. ^ Swink, Sonya (May 16, 2024). "JLL To Acquire Data Center Service Provider Skae". Bisnow. Retrieved October 18, 2024.
  4. ^ Burns, Joe (May 16, 2024). "JLL to acquire data center design, engineering services firm SKAE". Facilities Dive. Retrieved October 18, 2024.
  5. ^ Nguyen, Kevin (October 6, 2024). "This real estate startup beat everyone to OpenAI. Now, it's getting gobbled up". The San Francisco Standard l. Retrieved October 18, 2024.

Would someone be able to review these additions and update the article? Thank you! AHatJLL (talk) 17:54, 29 October 2024 (UTC)Reply

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