SCHEDULE 13G: JLL Entities Disclose Over 5% Beneficial Ownership in JLL Income Property Trust

Jones Lang LaSalle Co-Investment, Inc. and its parent, Jones Lang LaSalle Incorporated, have filed a Schedule 13G disclosing a combined beneficial ownership of 5.02% in JLL Income Property Trust, Inc.

Summary

• Jones Lang LaSalle Co-Investment, Inc. and Jones Lang LaSalle Incorporated (collectively, the "Reporting Persons") have filed a Schedule 13G, indicating their beneficial ownership in JLL Income Property Trust, Inc.
• As of March 31, 2025, the Reporting Persons collectively beneficially own 11,247,804 shares of Common Stock of JLL Income Property Trust, Inc.
• This ownership represents approximately 5.02% of the total Common Stock outstanding, which is based on an aggregate of 244,145,903 shares outstanding as of March 31, 2025.
• The beneficially owned shares consist of 2,521,801 shares of Class M-I Common Stock and 8,726,003 shares of Class D Common Stock.
• The 2,521,801 Class M-I shares represent approximately 2.46% of the 102,398,631 Class M-I shares outstanding as of March 31, 2025.
• The 8,726,003 Class D shares represent approximately 78.38% of the 11,133,373 Class D shares outstanding as of March 31, 2025.
• Both Reporting Persons hold shared voting power and shared dispositive power over all 11,247,804 beneficially owned shares.
• Jones Lang LaSalle Co-Investment, Inc. is a wholly-owned subsidiary of Jones Lang LaSalle Incorporated.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the company's performance or future prospects. It is a neutral informational filing.

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain any forward-looking statements or guidance regarding the future outlook of JLL Income Property Trust, Inc. or the Reporting Persons' investment strategy.

Industry Context

This filing highlights the continued significant ownership by Jones Lang LaSalle, a global leader in real estate services, in JLL Income Property Trust, Inc., which is likely a real estate investment vehicle. This relationship is consistent with JLL's broader business model, which often includes investment management and co-investment activities in real estate assets.

Related Party Transactions

• The filing details that Jones Lang LaSalle Co-Investment, Inc., a wholly-owned subsidiary of Jones Lang LaSalle Incorporated, is the direct beneficial owner of shares in JLL Income Property Trust, Inc., indicating a related-party ownership structure between the JLL entities and the Issuer.

Stakeholder Impact

• Shareholders: Provides transparency regarding significant beneficial ownership by related corporate entities, confirming the existing ownership structure and potential influence of Jones Lang LaSalle over JLL Income Property Trust, Inc.

Key Dates

Keywords

JLL Income Property Trust, Jones Lang LaSalle, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Real Estate Investment, Corporate Ownership