Jones Lang LaSalle (JLL) Tops Q4 EPS by 70c, Beats on Revenues
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February 6, 2018 6:34 AM EST
By Huw Jones and David Milliken
LONDON (Reuters) - Central London's "fully valued" commercial property market should be a wake-up call for the sector, the newest member of the Bank of England's Financial Policy Committee (FPC) said on Tuesday.
Elisabeth Stheeman said commercial property is used by small firms to back loans, creating a potentially large source of credit risk for banks and a threat to the wider economy if things go wrong.
While commercial real estate prices in Britain as a whole remain 13 percent below their peak in 2007, they are 22 percent above that level in central London,... More
February 6, 2018 3:14 AM EST
Raymond James initiates coverage on Jones Lang LaSalle (NYSE: JLL) with a Outperform rating and a price target of $175.00.
For an analyst ratings summary and ratings history on Jones Lang LaSalle... More
