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SEC Filings

8-K
JONES LANG LASALLE INC filed this Form 8-K on 11/06/2017
Entire Document
 
JLL Reports Strong Third-Quarter 2017 - Page 10


Asia Pacific Real Estate Services

($ in millions, “LC” = local currency)
Nine Months Ended September 30,
 
% Change in USD
 
% Change in LC
2017
 
2016
 
 
Leasing
$
131.8

 
$
128.3

 
3
%
 
3
%
Capital Markets & Hotels
117.6

 
102.9

 
14

 
15

Property & Facility Management
551.2

 
456.4

 
21

 
20

Property & Facility Management Fee Revenue1
365.8

 
325.4

 
12

 
12

Project & Development Services
177.6

 
122.4

 
45

 
45

Project & Development Services Fee Revenue1
90.5

 
70.0

 
29

 
29

Advisory, Consulting and Other
117.2

 
106.9

 
10

 
9

Total revenue
$
1,095.4

 
$
916.9

 
19
%
 
19
%
Gross contract costs
(272.5
)
 
(183.4
)
 
49

 
48

Total fee revenue1
$
822.9

 
$
733.5

 
12
%
 
12
%
Operating income
$
46.0

 
$
35.5

 
30
%
 
26
%
Equity earnings
$
2.3

 
$
0.5

 
n.m.

 
n.m.

Adjusted EBITDA1
$
64.0

 
$
48.5

 
32
%
 
30
%
n.m. - not meaningful as represented by a percentage change of greater than 100%, favorably or unfavorably.
Percentage variances in the Asia Pacific Performance Highlights below are calculated and presented on a local currency basis, unless otherwise noted. See Financial Statement Note (1) following the Financial Statements in this news release.

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