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Commercial Agents Feeling the Crunch

By Emma S-Daborn ⋅ August 4, 2008 ⋅ Email This Post Email This Post ⋅ Print This Post Print This Post ⋅ Post a comment

There has been yet more gloomy news recently for the world’s top property agents with CB Richard Ellis and Jones Lang LaSalle reporting a continued fall in profits.  Figures from the New York Stock Market last Tuesday revealed that since the second quarter of last year, Ellis’s profits have dived from $141.1m to $16.6m whilst Jones Lang LaSalle have seen a drop from $77.9m to $24.5m. These figures show a shocking 88% fall for Ellis and a 69% for Jones La LaSalle, further redundancies continue to loom on the horizon for both international giants.

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One comment for “Commercial Agents Feeling the Crunch”

  1. nice, definitely

    Posted by Arielsigma | August 14, 2008, 5:46 pm

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