Jones Lang Lasalle Inc.
JLL-N
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About Jones Lang Lasalle Inc. (JLL-N)
Jones Lang LaSalle Incorporated or JLL is an American professional services and investment management company specializing in real estate. Since March 2014 it has officially marketed itself under the abbreviation "JLL".
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This has done very, very well in the context of a low interest-rate environment. Is this a bit too late to the party? There is talk in the US that they are going to start to increase interest rates, which will make it more difficult for the real estate market. He believes there is a lot of inflation in the system in food, energy and housing. Doesn't like this one because it pays a very low dividend and has a relatively short history.