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JLL posts 10% revenue gains amid AI push
Yahoo Financeยท 2025-11-05 11:49
Core Insights - JLL reported a revenue of $6.5 billion in Q3 2025, reflecting a 10% year-over-year growth, driven by strong performance in project management, workplace management, and leasing [1] - The company experienced a 30% year-over-year increase in workplace revenue and an 11% increase in office leasing demand in North America [1] AI Implementation - JLL is focusing on integrating AI into its operations and client solutions, with over 41% of its addressable population using proprietary AI tools daily, an increase from 35% weekly earlier this year [2] - The CEO emphasized the rapid scaling of AI adoption and usage within the organization [2] Technology Business Growth - The technology segment, which includes software solutions, saw a 3% year-over-year revenue growth, reaching $172 million [3] - JLL plans to integrate its software and technology solutions business into its real estate management services segment starting January 1 [4] Efficiency Gains - The company is optimizing processes by moving them to shared service centers and utilizing AI tools to enhance efficiency across support services and business lines [5] - Resilient revenues from various services, including workplace management and project management, grew 9% year over year, while transactional revenues increased by 13% [5]