According to Fortune magazine, for the fourth year, Jones Lang LaSalle (JLL) was named to its exclusive annual list of "World's Most Admired Companies," the definitive report card on corporate reputations. The firm was recognized as one of the world's leaders in real estate based on specific attributes, such as global competitiveness, people management, financial soundness, social responsibility and use of corporate assets, among others.
"Across the globe, our colleagues consistently provide innovative solutions that drive value for our clients," said Colin Dyer, JLL CEO and president. "It is an honor to be recognized for the corporate citizenship, integrity, superior client service and integrated global platform that enable them to deliver valuable results."
Since 1997, Fortune magazine has partnered with Hay Group, a global management consulting firm to identify, analyze, select and rank the World's Most Admired Companies and uncover the business practices that make these companies both highly regarded and successful. The survey process began with approximately 1,400 companies: the Fortune 1,000, non-U.S. companies in Fortune's Global 500 database with revenue of $10 billion or more and the top foreign companies operating in the U.S. The companies were then sorted by industry and the 15 largest for each international industry and the ten largest for each U.S. industry were considered.
Mined from the full list, 698 companies from 58 industries and 32 countries were surveyed. Hay Group asked executives, directors, and analysts to rate companies in their own industry on nine criteria, from investment value to corporate social responsibility.
Stories related to the Fortune's "World's Most Admired Companies" will appear in the magazine's March 19 issue, while a full list of companies is currently available on Fortune's site for its list of "World's Most Admired Companies."
Jones Lang LaSalle is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion s/f worldwide. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse in real estate with $47.7 billion of assets under management.