Talk:JLL (company)

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Update History section, remove tag

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

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 History and Operations

Resolved

Hello! It's Allison again with a new request on behalf of JLL. As I am a JLL employee, I have a financial conflict of interest and will only post to talk pages and refrain from making direct edits, to adhere to Wikipedia's conflict of interest guidelines. In the last few months, JLL has received media coverage for several major developments and I have some additions to propose to the History and Operations. For this request I have 3 items:

  • Add mention of the JLL Foundation in Operations: the foundation was launched over a year ago and its first-year results were reported on this summer
    • New sentences to add: In 2022, company founded the JLL Foundation, a non-profit organization focused on climate change and sustainability.[1] The foundation provides zero-interest loans to startup companies that provide or are developing sustainable products or technologies, for example recycling plastic waste into construction products.[2]
  • Add mention of the company's Carbon Pathfinder software, which it launched earlier this year, to History:
    • New sentence to add: In June 2023, JLL launched Carbon Pathfinder, a software tool it had developed for companies to identify the carbon emissions from their buildings and ways to reduce those emissions.[3]
  • Add mention of JLL GPT, the company's AI tool, to History. The company got a lot of recognition in the media for being the first major real estate services company to create a LLM tool:
    • New sentences to add: The company developed a large language model (LLM) tool called JLL GPT for its employees, and launched it in August 2023. It was the first such model to be launched by a major real estate services company.[4] The generative AI model is being trained on JLL's data as of 2023 and was developed to be able to answer questions about commercial real estate.[5]

References

  1. ^ Baxter, Amy (June 26, 2023). "JLL Foundation Loaned $2.6 Million to 15 Startups in 2022". Environment + Energy Leader. Retrieved October 5, 2023.
  2. ^ Sherman, Erik (June 26, 2023). "JLL Foundation Supports 15 Climate-Focused Startups in Its First Year". Globe St. Retrieved October 5, 2023.
  3. ^ Sommer, Brian (July 18, 2023). "The tech to sustain – JLL and Carbon Pathfinder". Diginomica. Retrieved October 5, 2023.
  4. ^ Bennett-Ness, Jamie (August 3, 2023). "JLL launches commercial real estate's first AI-driven GPT model". Property Week. Retrieved October 5, 2023.
  5. ^ Hicks, William (August 2, 2023). "JLL launches in-house generative AI model geared toward commercial real estate". Silicon Valley Business. Retrieved October 5, 2023.

Can an editor please review this request? Thank you! AHatJLL (talk) 17:25, 17 October 2023 (UTC)[reply]

User:Noxoug1 or User:Z1720 are either of you available to help me with this request? Thank you! AHatJLL (talk) 18:23, 26 October 2023 (UTC)[reply]
 Done, AHatJLL I have made this update, hopefully all is fine.Noxoug1 (talk) 08:52, 30 October 2023 (UTC)[reply]
Thanks User:Noxoug1! It looks like you added the sentences about Carbon Pathfinder and JLL GPT to Operations, and I’d suggested adding those two in the History. If you think they fit better in Operations, that’s fine, I wanted to check in case you’d missed that I was proposing those for the History instead. As always I appreciate your help! AHatJLL (talk) 18:46, 31 October 2023 (UTC)[reply]
AHatJLL I have made that update.Noxoug1 (talk) 10:36, 2 November 2023 (UTC)[reply]
Thanks again User:Noxoug1! Everything looks great. 2601:241:8C00:BCC0:611E:367:123A:6799 (talk) 18:59, 2 November 2023 (UTC)[reply]
Thanks again User:Noxoug1! Everything looks great. AHatJLL (talk) 19:02, 2 November 2023 (UTC)[reply]

Updating employee figure in Operations

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]
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