CHICAGO—Despite challenging conditions, the global markets have been favorable for Jones Lang LaSalle, which saw both earnings and revenue increase over the past year. The locally based earnings per share rose to $5.48 at year-end 2012, up 13% from $4.83 in 2011. It saw full-year revenues rise 12% from 2011 to $3.9 billion in 2012, while fee revenue rose 10% to $3.6 billion.

“Our 2012 performance met our expectations, with a strong finish to the year in challenging global markets,” said Colin Dyer, JLL’s CEO. “Again, we continue to secure market share growth, productivity improvements and expanded client relationships. Our quarterly and full-year performance leaves us confident that we will continue to progress in 2013.”

The Americas region saw a 15% revenue increase to $1.7 billion, wih the largest growth in the Capital Markets & Hotels division (25%), followed by Property &  Facility Management (15%). Leasing, meanwhile, saw a 9% increase despite overall office leasing volumes dropping 20% in the United States.

On the other side of the pond, things looked better. Despite challenging market conditions, JLL saw significant full-year margin improvement from management actions in the Europe, Middle East and Asia region. Full-year revenue rose 12% to $1 billion, while fee revenue saw a 9% increase across the board, mostly driven by Project & Development Services.

The Asia Pacific region reported yearly revenue of $876 million, up 9%. Fee revenue came in at $781 million, up 11%, thanks to 15% growth in Capital Markets & Hotels and 13% annuity growth in Property & Facility Management.  

JLL attributes 2012′s record revenues to new mandates and the expansion of existing client relationships. The firm’s leadership is confident that 2013 will see a continuation of this growth, thanks to healthy new business pipelines and moderately improving global market dynamics, along with an ongoing focus on productivity and cost discipline.