Eat, sleep, live luxury: LVMH is building whole cityscapes centered on their designer stores [Business Insider]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Business Insider
The company spent $2.1 billion last year acquiring properties in Paris ahead of the Olympic games. Louis Vuitton Moët Hennessy , the brand behind some of the most well-known names in fashion, wines, and spirits, is reshaping older neighborhoods across the globe into luxury plazas and shopping centers. According to The Wall Street Journal , the parent company of brands like Louis Vuitton, Dior, and Fendi, as well as private equity firm L Catterton, is betting billions on in-person shopping by buying old shopping centers, hotels, and warehouses and turning them into mixed-use centers focused on their brands. According to the report, much of the strategy involves buying property in sometimes historic neighborhoods — like the Pont Neuf neighborhood in Paris, which sent lawsuits LVMH's way from historians concerned about the integrity of the 150-year-old La Samaritaine department store — and transforming them into affluent neighborhoods by working with world-class architects like Fr
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JLL
News
- JLL enhances data center capabilities with strategic acquisition [Yahoo! Finance]Yahoo! Finance
- JLL enhances data center capabilities with strategic acquisitionPR Newswire
- Morgan Stanley to Buy Property Debt From Blackstone Venture, Sources Say [BNN Bloomberg (Canada)]BNN Bloomberg
- Brookfield and other big-name funds pile into real estate debt as banks retreat [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Scott Family Makes Largest Land Value Donation in Travis County History [Yahoo! Finance]Yahoo! Finance
JLL
Earnings
- 5/6/24 - Beat
JLL
Sec Filings
- 5/6/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 5/1/24 - Form 8-K
- JLL's page on the SEC website