CANBERRA: JLL Australia has recorded a 30 per cent lift in revenues the first half above its record-breaking 2014, with all sectors of the business boosting their turnover.
Chief executive Stephen Conry yesterday released figures showing an 80 per cent jump in investment sales unit on last year’s six-monthly results.
“We have never experienced a time when our business has been this busy,” he said.“Every part of the JLL business recorded an increase in revenues — from sales and investments to consulting and advisory, research, health and aged care, leasing, property management and project and development services.”
JLL said consulting revenue was up 62 per cent on last year, valuation and advisory was up 30 per cent, and project and development services was up 71 per cent.
Mr Conry said investor interest in Australia remained strong and business confidence was sound. Office leasing was strong in Sydney and Melbourne and stabilising in Brisbane and Canberra.
“As a result of the overall positive figures for Australia’s office markets, we expect to see an increasing number of expansionary requirements and stronger demand from a broad range of industry sectors as we move through the 2015-16 financial year,” he said.
