Global property consultant Jones Lang LaSalle (JLL) reported a record net income of $256 mln (EUR 173 mln) for 2007, an increase of 46% over the year-earlier period. Revenue for the year amounted to $2.7 bn, up 32% compared with 2006, thanks to a strong performance in all operating segments.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
