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Stock impact report

Turning risk to opportunity: rethinking value creation in aging places and spaces [Yahoo! Finance]

Jones Lang LaSalle Incorporated (JLL) 
Last jones lang lasalle incorporated earnings: 2/11 07:30 am Check Earnings Report
US:NYSE Investor Relations: ir.jll.com
Company Research Source: Yahoo! Finance
CHICAGO Nov. 19, 2024 /PRNewswire/ -- The global commercial real estate market continues to rapidly evolve as shifting preferences for how space is used and where development takes place conflate with tightening sustainability requirements, strained national and local finances and infrastructure. JLL's (NYSE: JLL) latest research " Opportunity through obsolescence, " is the first in a series of articles exploring the multifaceted opportunities found in assessing existing challenges in the built environment – including age and design, regulatory pressures and location – and turning them into value and returns. JLL finds that of the 776 million square meters of existing office space across 66 markets globally, about half of that space, or 322-425 million square meters, is likely to require substantial investment to remain viable in the near term – an investment of approximately $933 billion $1.2 trillion in spending. Proactive engagement to retrofit and update existing assets will be Show less Read more
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