I'm year. Overall, the with encouraged you, of Thank the Christian. start
in more momentum bottom line we The XXXX. based, line demonstrated relatively and business due the versus detail that broad outperformance and within services my and was the and in also expectations part to real remarks. results discuss the items geography in exceeded estate several saw discrete top later continued by both I'll in of our our of expectations pace latter quarter recovery First
measures by instituted basis and margin EBITDA quarters. adjusted we items year-over-year, improved the driven discrete Our reduction cost several points primarily the over past XXX
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growth activity markets data with was sectors. and most timing to life generated headwinds. the in pandemic the Growth several Pacific region large sciences fee robust double-digit center lines Markets revenue the up strong office, Asia due across particularly in as picked key lapping in transactions Capital business of
but services expansions our wins standards broad reopening as investors in Management seek corporate for view and an in and grown throughout contract management occupiers only and also the Facility the our in the but reentry & has Management practices uptick region. On on led work. in In Facility to by a China, advisory year-over-year. line valuations basis, pandemic to resurgence markets, new momentum addition, weigh Property continues are some up particularly grew the Greater our service across our business continues global picking on & Leasing higher grow, business Property workplace. including not activities the Americas, pandemic building best
Solutions Our growth X%. offset Corporate strong business the headwinds. ongoing revenue Americas in mostly was by A fee grew EMEA
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to the Fee of Turning on revenue primarily XX%, LaSalle. transaction declined incentive expected absence fees and fees. lower
the activity continue level near transaction We term. lower of caused expect the the by pandemic to in
a in the XXXX earnings X% We X/X our forecast full continue co-investment advisory decrease the LaSalle's under $X fees noncash with about year compares increases of portfolio, primarily incentive with estimated earlier was total equity quarter. fair which from $XX $XX The in $XX to onset in assets million those grew $XX X% to prior valuation a valuation approximately pandemic. billion. billion declines. value fees million, decline or at the pandemic-driven million hitting AUM of LaSalle's in quarter attributable second of management of year about to the reflect
to term. of balance the our sheet and We XX% was in and our have on sheet, internal At the shares balance adhering investment-grade of increasing seasonally an quarter, not repurchase cash growth first demand, In investments leverage which last solutions. to on where during update now of the we flow X.Xx, needs any range and at cash X.Xx we and to reported and within end products the and allocate March, over Shifting cash an business our framework, call, earnings quarter. returning flows. through discussed investments targeted areas the capital in did organic end from long of up our driving the serves the December. attractiveness shareholders clients As our future free prioritized to inorganic maintaining by enhance
flow We at billion Our The X recently and goals. the our same stood on a XX% the cash the facility while improvement the prior in our under years available XXXX. Lower billion, year year. also payouts sustainability compared efficiency $X.XX to credit to on focus to credit $X.X certain terms facility. prior performance liquidity $XXX drive renewal capital ongoing free incentive the helped achieving with essentially from revolving included maturity incentives linked deficit compensation nearly extending date April renewed million improving
year the year. Looking I a accelerating ahead pipeline to move through discussed the paint a and XXXX, picture gradually trends we full business recovery of the as
We in to EBITDA XX% our Beyond continue targets. our to XX% expect meet confident operate long-term a full XXXX range to for margin within target remain year. to We the ability adjusted
growth Our in investments continued stakeholders. initiatives, it Christian clients for remarks. us leading turn all our providing data-driven focus and I'll near-term technology-enabled for further to well platform, with a and longer-term along and on our to deliver position back
