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Jones Lang LaSalle accelerates growth in the Middle East
- United Arab Emirates: Wednesday, October 10 - 2007 at 12:43
- PRESS RELEASE
Jones Lang LaSalle, the world's leading real estate investment and advisory firm announced today the appointment of Graham Coutts as International Director and Head of Strategic Consulting for the Middle East and North Africa region.
Commenting on the appointment, Alastair Hughes CEO for Jones Lang LaSalle EMEA said "Graham is one of the firm's most experienced and respected senior business professionals. This appointment is further evidence of our strong belief in the MENA markets. Graham will bring valuable leadership skills, help accelerate our growth and enable us to bring the very best ideas and innovation from around the world to benefit our clients."
Blair Hagkull, Managing Director of Jones Lang LaSalle MENA added: "We are delighted to have someone of Graham's standing and expertise joining our leadership team. Graham has already gained valuable experience and insight in Dubai, having had the lead role in our strategic consulting work on behalf of the RTA and Dubai Metro. Many more of our clients will quickly see the benefit of the experience and knowledge he brings."
Mr Coutts said: "This is a very exciting and challenging new role. Jones Lang LaSalle already holds a clear market leading position in the MENA region and I am looking forward to working with my new colleagues - both here in the region but also from around the world - to build on this success and drive value for our clients. We have a very strong team and will recruit additional talent so that we continue to provide the very best advice to the region's leading investors, developers and occupiers."
In the last three months, Jones Lang LaSalle has confirmed a number of senior appointments for its Investment, Strategic Consulting and Hotels businesses. The firm has doubled in size since this time last year and has recently announced the opening of its new offices in Abu Dhabi.
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About Jones Lang LaSalleJones Lang LaSalle (NYSE: JLL) has approximately 160 offices worldwide and operates in more than 450 cities in over 50 countries. With 2006 revenue of over $2.0 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of over 1.1 billion square feet worldwide. In 2006, the firm completed capital markets sales and acquisitions, debt financings, and equity placements on assets and portfolios valued at $70.9 billion. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse real estate money management firms, with approximately $45.8 billion of assets under management.
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Medilyn Manibo, Assistant News Editor
