Jll income property trust sponsor jll commits $100 million equity investment

Equity capital to accelerate growth at opportune start of real estate recovery cycle chicago , nov. 7, 2024 /prnewswire/ -- jll income property trust, an institutionally-managed daily nav reit (nasdaq: ziptax; ziptmx; zipiax; zipimx) with approximately $6.6 billion in portfolio equity and debt investments, announced today that its sponsor, jones lang lasalle incorporated (jll), a leading global commercial real estate and investment management company, committed to make an additional co-investment of equity in the company. jll will acquire $100 million of income property trust's common stock at the daily nav public offering price on the date of the investment.
JLL Ratings Summary
JLL Quant Ranking