JLL Reports Revenue Growth of 11% as Leasing Demand Jumps
JLL reported an 11% revenue growth to $6.4 billion in the first quarter of 2026, driven by strong leasing demand and interest in data centers and artificial intelligence. CEO Christian Ulbrich noted that the artificial intelligence boom has led to increased office demand, particularly in San Francisco and New York City.
JLL, a brokerage services giant, reported an 11% revenue growth to $6.4 billion in the first quarter of 2026. The growth was driven by strong leasing demand in the office and industrial sectors, as well as interest in data centers and artificial intelligence. JLL's real estate management services revenue increased 7% annually, while leasing advisory rose by 16% and capital markets services jumped 21%. CEO Christian Ulbrich attributed the success to the artificial intelligence boom, which has led to increased office demand, particularly in San Francisco and New York City. Ulbrich also expressed caution regarding the ongoing effects of tariffs and the conflict in the Middle East, stating that a prolonged conflict could negatively impact growth. Diluted earnings per share was $3.33 for the quarter, up 192% annually.
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