Jones Lang LaSalle reported record third-quarter results, with revenue up 12%, adjusted EBITDA up 33% and adjusted EPS up 52% from a year earlier, as advisory revenue accelerated 22%. Leasing Advisory revenue rose 27%, led by U.S. industrial, office and data center activity, while global investment sales increased 33%. The company raised its full-year leasing growth outlook to the high-teens range but kept its mid-teens capital markets forecast, as higher bond yields have led to repricing and longer decision timelines for some deals. JLL lifted its 2026 adjusted EPS target to $25.20–$26.30, plans a $500 million accelerated share repurchase, and reported net leverage down to 0.5 times. Project Management revenue rose 14%, while Property Management continued to be affected by strategic contract exits in Asia Pacific, with about 80% of identified contracts already addressed.
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