Property firm’s profits double

The upsurge in the Dublin commercial property market contributed to profits more than doubling at one of the country’s best known property firms Jones Lang LaSalle last year.

New figures lodged by Jones Lang Lasalle Ltd with the Companies Office show that pre-tax profits increased by 99.5% going from €1.42m to €2.83m in the 12 months to the end of December last.

This followed revenues at the firm increasing by 23%, or €2.43m, going up from €10.58m to €13m.