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JLL

Website: www.jll.com/
About:

JLL (Jones Lang LaSalle) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47 billion of assets under management.

JLL

Fields

Manager, Sales, Lettings

News Wall: (5)

Buildington
2011/05/27 12:43

Jones Lang LaSalle Announces Merger with King Sturge - Two leading real estate advisory firms combine European operations.


LONDON, 27 May 2011 - Global commercial real estate firm Jones Lang LaSalle (NYSE: JLL) today announced it will merge with international property consultancy King Sturge. The combined firm will be the clear leader in the UK and also in continental Europe, with greatly enhanced strength and depth of service capabilities across the region that will directly benefit the clients of both companies.

The transaction is expected to close on 31 May 2011. Under its terms, Jones Lang LaSalle will pay consideration of £197 million ($319 million) to the partners of King Sturge, with £98 million in cash at closing and the balance paid out in cash over five years.

All 43 King Sturge offices and businesses across Europe, including 24 in the UK, will become part of Jones Lang LaSalle and will operate under the Jones Lang LaSalle brand. Integration of business lines and teams, and the full rebranding of all business activities, will begin immediately.

Christian Ulbrich, Jones Lang LaSalle Chief Executive Officer for EMEA said: “The obvious strategic and cultural fit between Jones Lang LaSalle and King Sturge makes this a logical and very attractive proposition for both firms. It gives us a scale and depth of expertise that will make our client service delivery capabilities second to none in both the UK and continental Europe.”

Richard Batten, Joint Senior Partner, King Sturge said: “This is a coming together of two great companies who are culturally aligned, with fantastic business synergies, to create the best firm of property advisers in Europe. We truly believe that we will be better together. The ability to operate on a global platform, and the opportunities that this will provide, is great news for all our staff and clients.”

The merger will deepen mutual strengths and existing leadership positions. It will also bolster overall service delivery capabilities:
The powerful combined Capital Markets team will provide clients with unparalleled access to international capital flows through Jones Lang LaSalle’s global platform.
The merger accelerates each firm’s strategic priority to lead in targeted local and regional markets.
Jones Lang LaSalle leads the London agency and investment markets and King Sturge is a leading force in the UK regional markets.
The combination will add significant depth and scale to a range of services, including industrial, global logistics and retail.
The firm’s presence in Europe will broaden significantly in the rapidly growing Central, Eastern and South-Eastern European markets.
Andrew Gould will serve as Chief Executive of the merged business in the UK. Richard Batten will assume the role of UK Executive Chairman.

Andrew Gould commented: “We are tremendously excited to combine these two outstanding firms. Each has a reputation for excellence based on teamwork and putting clients first. Our new leadership team is already in place, consisting of senior directors from both firms, and their immediate focus will be to begin to realise the extraordinary potential of the merger for our clients and colleagues.”

The merged business operates in 70 EMEA markets across 30 countries employing 5,300 people providing integrated real estate services worldwide to investor, owner and occupier clients. The UK business will have 2,700 employees across 34 offices.

Buildington
2011/09/29 11:11

Jones Lang LaSalle strengthens UK Corporate Solutions team with key senior hire from DTZ -
Tracey Byer joins to head Markets Corporate Solutions.

Jones Lang LaSalle has announced the appointment of Tracey Byer to head the firm’s Markets Corporate Solutions initiative in the UK. Tracey joins Jones Lang LaSalle today from DTZ where she held several senior roles, most recently Head of Sales for UK Property Management, working with the national business. From late 2008 to mid 2011 Tracey was Head of UK Occupier Services at DTZ driving the business development and cross-selling activity for Tenant Rep business. Tracey also was a Director within the firm’s Capital Markets and Global Corporate Services teams. Recent client relationships include eBay, SAP, E&Y, WIPRO and Dow Chemical.

Commenting on Tracey’s appointment, Andrew Gould, Chief Executive, Jones Lang LaSalle UK, said: “Tracey has extensive and impressive corporate real estate services experience and joins Jones Lang LaSalle at a very exciting time. Tracey will work closely with colleagues across the business to provide real estate solutions and services to mid cap corporates in the UK. Her expertise coupled with the strength of our teams across the UK will provide a seamless service in this respect.”

Prior to DTZ Tracey worked for Grubb and Ellis Europe where she led the EMEA Corporate Services team and was Vice President at Johnson and Higgins UK & US (subsequently acquired by Marsh McLennan) where she was responsible for managing the delivery of corporate-related insurance services in the New York, Bermuda, London and Pittsburgh areas for clients such as Time Inc, Tiffany & Co., Boeing, Westinghouse, IBM, Avon Products, WH Smith, Honda and British Alcan.

Source: joneslanglasalle.co.uk, 26. September 2011

Buildington
2012/02/23 00:57

The residential team at Jones Lang LaSalle has announced the opening of a dedicated lettings office known as Finsbury Park located at the heart of the Woodberry Down Regeneration Project, Woodberry Park, London N4 which once complete, will see over 4,600 new homes created on a 26 hectare development area.

Forming one of the UK's largest estate redevelopment projects, the scheme has been awarded National Demonstration status for the Development of Mixed Sustainable Communities by the CLG Department of Central Government. Situated facing the West Reservoir and bordered by The New River, the first phase will provide 306 stunning new build apartments and a penthouse. The Residence, an iconic 27 storey tower sits at the entrance of the development providing panoramic views of London also benefitting from a residents only gymnasium and concierge facility on the lower levels.

Peter Murray, Director in the Residential team at Jones Lang LaSalle commented: “Opening a dedicated office at Woodberry Park allows us to be consistent with our strategy of supporting our clients, by committing long-term to the schemes we sell, and ensuring our buyers investments perform successfully.”

Ken Deamer, Director of Residential lettings at Jones Lang LaSalle said: “We are delighted to be involved in one of the largest regeneration projects in London committed to the natural environment and wildlife conservation. With only a 16 minute commute to London’s West End, tenants at Woodberry Park can enjoy the ideal work / life balance with easy travel links and a home in a wildlife conservation area.”

Jon Hall, Sales Director, Berkeley Homes (Capital) plc, said: “Woodberry Park is one of the largest and most significant regeneration schemes in the capital, combining its unique waterside setting and spectacular views. Due to its superior design, location and fast links into central London demand for these quality apartments is phenomenal.

“The dedicated lettings office at the heart of the development will ensure rental demand is fully catered for through Jones Lang LaSalle’s extensive experience and in-depth knowledge of the area, providing an additional service for both our investors and those looking to rent at the development."

Buildington
2013/01/24 01:59

Jones Lang LaSalle (NYSE: JLL) today announced that global bank HSBC has selected the firm as its sole global outsourcing provider of integrated facility management services across its 58 million-square-foot real estate portfolio. This is the largest facility management contract awarded to a single provider on a global basis by a financial services firm.

The practice of outsourcing non-core real estate functions to dedicated third-party experts has increased in recent years as service providers have attempted to expand their abilities to deliver consistent services across broader geographies and corporations have better understood the productivity benefits of outsourcing. With its ability to deliver real estate services across such a large and diverse global portfolio, Jones Lang LaSalle is on the forefront of the global outsourcing trend. HSBC’s pioneering decision to outsource facility management services worldwide is designed to increase operational efficiency and consistency across its 11,000-site portfolio throughout North America, Latin America, Asia Pacific, Europe, Middle East and Africa.

“Jones Lang LaSalle and HSBC are committed to introducing innovative solutions that advance the performance of real estate as a driver of measurable business improvements. Our global team is focused on improving the productivity of HSBC’s real estate through operational efficiency across its global workplaces,” said Colin Dyer, President and CEO, Jones Lang LaSalle.

Jones Lang LaSalle has been a real estate advisor to HSBC in North America since 1998. The contract adds more than 42 million square feet of real estate worldwide to Jones Lang LaSalle’s responsibilities, and renews existing facility management services in North America, China, Thailand, Mexico and Panama. Jones Lang LaSalle also acts as one of HSBC’s regional transaction partners, serving its Asia Pacific, Latin America and Middle East-North Africa regions.

To service this expanded program, Jones Lang LaSalle will implement its leading technology platform that allows HSBC to manage, compare and benchmark performance consistently across its global portfolio.

“As companies demand more consistency and control over their real estate facilities, they increasingly look for a single provider that can deliver on a global basis,” said Jordi Martin, Managing Director of Integrated Facilities Management at Jones Lang LaSalle. “Being entrusted by HSBC to manage its facilities worldwide shows that this can be achieved and it is a reflection of our continued investment in building a world-class global facility management platform.”

“As real estate is typically the third largest operating cost for companies, our ability to deliver more efficient real estate operations will benefit HSBC’s overall productivity and business performance,” said Bill Thummel, Jones Lang LaSalle’s Managing Director, Global Accounts. “Our model of mixing a strategic management approach with extensive self-delivery and a commitment to supporting HSBC’s sustainability goals allows HSBC to better focus on its core business.”

“In the Americas, we will leverage our supply chain economies of scale to improve the performance of some 500 HSBC facilities in North America and an additional 4,000 more throughout Latin America,” said Tod Lickerman, CEO of Jones Lang LaSalle’s Americas Corporate Solutions business. “This contract will deliver consistency throughout HSBC’s locations in the Americas and around the globe.”

Jones Lang LaSalle has formed an integrated global account team of experts led by Bill Thummel, along with Global Managing Director Chris Kiernan and Global Director of Operations Ian King, to serve the expanded global account responsibilities for HSBC.

A leader in the real estate outsourcing field, Jones Lang LaSalle’s Corporate Solutions business helps corporations improve productivity in the cost, efficiency and performance of their national, regional or global real estate portfolios by creating outsourcing partnerships to manage and execute a range of corporate real estate services. This service delivery capability helps corporations improve business performance, particularly as companies turn to the outsourcing of their real estate activity as a way to manage expenses and enhance profitability.

Source: Jones Lang LaSalle

Buildington
2014/03/04 11:41

Underscoring its global operation, scale and vision for the future, Jones Lang LaSalle (NYSE: JLL), the professional services and investment management firm specializing in real estate, has announced that it is now using the name “JLL” and introducing a refreshed logo.

The shorter name and new logo are:

Easily recognized and visible in countries around the world

Memorable and easily pronounced in languages worldwide

Suitable for digital applications and mobile channels

Shortening its name to JLL is a natural evolution of the firm’s historically rich brand, recognizing that it is a truly global company located in multiple markets, with a wide range of expertise applied through many different client services. It also represents its adaptation to different communication styles in different countries, languages and channels, and especially the use of digital and online.

Charles Doyle, Chief Marketing and Communications Officer at JLL said: “Although we are adapting our name, our cultural foundation of collaboration, integrity and delivering real value to our clients, people and investors remains constant and unchanging. JLL is easily pronounced, remembered, visible and representative of our firm wherever we serve our clients around the world.”

Doyle continued: “The JLL ‘Worldmark’ logo symbolises all of this: a global company with local roots, built from multiple types of expertise, working in collaboration with clients wherever they need our services.”

The JLL name and new logo will be rolled out globally over the next two years. The firm’s legal name, Jones Lang LaSalle Incorporated, and the name of its wholly owned subsidiary, LaSalle Investment Management, will remain unchanged.

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