China's commercial property segment is seeing some bright spots amid a slump in the wider realty sector [MSNBC.com]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: MSNBC.com
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China.Vcg | Visual China Group | Getty ImagesBEIJING — China's commercial property sector is seeing pockets of demand amid an overall real estate slump.The capital city of Beijing is seeing rents for prime retail locations rise at their fastest pace since 2019, property consultancy JLL said in a report Tuesday. Rents increased by 1.3% during the first three months of this year compared with the fourth quarter of 2023, the report said.Demand from new food and beverage brands, niche foreign fashion offerings and electric car companies has helped drive the interest in shopping mall storefronts, according to JLL.Commercial real estate, which includes office buildings and shopping malls, makes up just a fraction of China's overall property market.watch nowVIDEO3:2703:27China's secondhand property market is very buoyant: Real estate investment firmStreet Signs AsiaSales of offices and c
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JLL
Earnings
- 2/27/24 - Beat
JLL
Sec Filings
- 4/12/24 - Form ARS
- 4/12/24 - Form DEF
- 4/12/24 - Form DEFA14A
- JLL's page on the SEC website