JLL among Biggest Movers in 2018 Fortune 500 list
Real Estate professional services and investment management firm JLL rose 35 spots to 356 on the prestigious Fortune 500 list which ranks the 500 largest companies based in the United States by total revenue for their respective fiscal years, making it among the firms that made the biggest moves up the list.
Real Estate professional services and investment management firm JLL rose 35 spots to 356 on the prestigious Fortune 500 list which ranks the 500 largest companies based in the United States by total revenue for their respective fiscal years, making it among the firms that made the biggest moves up the list. JLL's annual total revenue reached a record high of $7.9 billion in 2017.*
JLL CEO Christian Ulbrich underpinned JLL's strong and consistent growth momentum to excellent teamwork and unparalleled client service as shown by JLL's 83,500 people around the world. He adds: "We also have made substantial investments in the realm of data and technology. We are proud of our progress on the Fortune 500 and excited by our Beyond strategic vision to drive growth into the next deca de."
JLL Philippines' Country Head Christophe Vicic, meanwhile, assures that this rise made by the firm in global ranking will most certainly redound to other markets, like the Philippines. "The notable rise of JLL on the Fortune 500 Listing motivates us all the more to continue providing exceptional service to our clients. Apart from giving them counsel on the current best practices based on industry situations, we also prepare them by providing studies on the Future of Work, as well as the role of technology in reshaping the blueprint of work spaces. These studies and the consequent undertakings are our way of making sure that Clients are guided thoroughly before making crucial decisions on their property investments".
JLL continues to be recognized for its performance, ethics and commitment to being an employer of choice. It was named one of Fortune's 2018 Most Admired Companies, a World's Most Ethical Company by Ethisphere for the 11th consecutive year and one of LinkedIn's 2018 Top Companies.
For more news, research and information from JLL, please visit: www.jll.com.
* JLL adopted Accounting Standards Codification Topic 606, Revenue from Contracts with Customers ("ASC 606"), a new U.S. GAAP accounting standard, in the first quarter of 2018. In accordance with ASC 606, JLL recast its FY 2017 results for comparability. As of the issuance of this news release, the recast FY 2017 results are unaudited.