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CHICAGO, JULY 28, 2015 – Jones Lang LaSalle Incorporated (NYSE: JLL) today announced that Standard & Poor’s Ratings Services (S&P) has raised JLL’s credit rating to “BBB+” from “BBB,” the second upgrade the firm has received from S&P in less than a year. JLL’s issuer and senior unsecured ratings from S&P (BBB+) and Moody’s Investors Service (Baa2) reflect the firm’s continuing operating discipline, focused strategy of profitable growth and powerful global platform.
“JLL’s latest upgrade by S&P recognizes that we continue to perform consistently across all regions and LaSalle while successfully growing our recurring revenue sources and retaining a strong balance sheet,” said Christie Kelly, Chief Financial Officer of JLL. “We remain dedicated to investing for the benefit of our clients, employees and shareholders; driving growth and productivity; and maintaining strong financial discipline.”
For more information on JLL’s financial performance visit the Investor Relations site: http://www.jll.com/investor-relations.
About JLLJLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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