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Jones Lang LaSalle reports 67 percent income drop

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Global commercial real estate company Jones Lang LaSalle reported a 2008 net income of $84 million, or $2.44 per share, today, compared to $256 million, or $7.56 per share, in 2007. The difference represents a 67 percent drop. The operating income for 2008 was $151 million, down from $342 million in 2007, a 56 percent difference. The firm closed 15 acquisitions in 2008. TRD