In line with a disciplined growth strategy, Jones Lang LaSalle Incorporated JLL revealed the acquisition of French retail real estate consultant Véronique Nocquet. The move adds to JLL’s strength in the retail business line in France.Notably, for the past 20 years, this eponymous firm – founded and managed by Véronique Nocquet – has been helping national and international retailers through customized retail real estate services in Paris and across other regions in France. This makes the company a strategic buyout for JLL.In fact, JLL’s retail team in France is now growing with over 20 experts. They offer a broad range of services that comprise valuation, advisory, fit-out and transactions to meet the needs of the company’s retailer and investor clients.Chicago-based JLL is a leading full-service real estate firm that provides corporate, financial and investment management services to corporations as well as other real estate owners, users, and investors worldwide. In February, the company reported fourth-quarter 2015 adjusted earnings of $4.53, which improved from $4.33 in the year-ago quarter. Strong growth in fee revenues helped the results.Going forward, JLL’s wide range of products and services along with strategic investments to capitalize on market consolidations augur well. Also, the company’s robust balance sheet with a manageable debt position is encouraging.However, stiff competition and unfavorable foreign currency movements remain as concerns. Also, any rise in the interest rate may hurt the growth tempo of the commercial real estate sector, affecting JLL’s business activities.JLL currently has a Zacks Rank #4 (Sell). Investors interested in the real estate industry may consider stocks like Brookfield Asset Management Inc. BAM, Kennedy-Wilson Holdings, Inc. KW and Reis, Inc. REIS. Each of the three stocks holds a Zacks Rank #2 (Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BROOKFIELD ASST (BAM): Free Stock Analysis Report JONES LANG LASL (JLL): Free Stock Analysis Report KENNEDY-WILSON (KW): Free Stock Analysis Report REIS INC (REIS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research