JLL has reported a 13% increase in group revenue for the first six months of 2018.
The Chicago-headquartered business saw its revenue grow to $7.46bn (£5.8bn) from $6.59bn in H1 2017. Q2 revenue was up by 12% to $3.9bn.
It also posted a 19% increase in adjusted EBITDA to $301.3m during H1 2018.
However, EMEA saw its adjusted EBITDA fall by nearly 50% from $21.2m to $11.2m.
Chief executive Christian Ulbrich said: “Our year-to-date performance was strong, reflecting organic revenue growth across our business segments and progress on our digital agenda and technology transformation initiatives. Real estate fundamentals remain resilient, and we are optimistic about our full-year performance, despite intensifying global economic uncertainty.”
By business segment, property and facilities management was the biggest driver of growth in H1 2018, bringing in income of $4.2bn, up 13% on the year, followed by project and development services at $1.2bn and leasing at $900m.
By region, the company’s Europe, Middle East and Africa operations saw the sharpest revenue increase for the first six months of the year. EMEA revenue rose by 23% from $1.3bn to $1.6bn in H1 2018.
In the second quarter, EMEA revenue grew by 17% to £800m.
The Americas posted an income rise of 10% to $4bn and Asia Pacific grew by 11% to $1.5bn.
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