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Tuesday, November 10 - 2009

Jones Lang LaSalle MENA awarded 'Best Real Estate Advisor' for 2008

  • United Arab Emirates: Sunday, October 05 - 2008 at 14:09
  • PRESS RELEASE

Jones Lang LaSalle MENA, a leading real estate investment and advisory firm, has been awarded 'Best Real Estate Advisor' by Euromoney's prestigious Liquid Real Estate Awards.

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Jones Lang LaSalle was awarded first in the Advisory category above all other companies. The winners were notified at a gala dinner organised by Euromoney in London on October 2, 2008. Deepak Jain, National Director, Strategic Consulting, Jones Lang LaSalle MENA received the award on behalf of the firm.

Jones Lang LaSalle is the pre-eminent investment advisor in the global real estate industry with 180 offices worldwide, operating in 60 countries globally and 25 countries in the MENA region working on projects worth $200bn and on transactions in excess of $1.2bn.

Commenting on the award, Blair Hagkull, Managing Director of Jones Lang LaSalle MENA, said:
"We are thrilled to win this award. This is a fantastic achievement for Jones Lang LaSalle MENA and reinforces our market leading position in the region. We are proud that we came first in the Advisory category ahead of 40 selected companies and to be recognized as the top Advisory firm here and also be placed among the select few firms globally."


"I congratulate the entire team at Jones Lang LaSalle MENA for their contribution in making this possible. We will continue to strive to offer the best possible solutions and services to our clients and regional partners throughout the Middle East and North Africa," he said.

Euromoney's Liquid Real Estate Awards are amongst the most prestigious in global real estate. The 2008 awards resulted after Euromoney's Fourth Annual Real Survey which examined the opinions of real estate developers, advisors, investors and end-users in over 80 countries. The survey interviewed over 800 organisations and was held in March and April of 2008. The full listing of the awards are published in the September 2008 issue of Euromoney's Liquid Real Estate magazine.
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About Jones Lang LaSalle MENA:

Across the Middle East and North Africa, Jones Lang LaSalle is a leading player in the real estate market and hospitality services market. The firm has worked in over 25 Middle Eastern and North African countries and has advised clients on more than $200bn worth of real estate, hotel and hospitality developments. Jones Lang LaSalle is recognised as having leading real estate and hospitality expertise with a leadership team that has held senior positions with some of the largest real estate developers, hospitality companies and corporate groups both in the Middle East and internationally. The rapid pace of change in the region creates significant opportunities, challenges and complex decisions for investors. Jones Lang LaSalle's services address the entire real estate development cycle offering comprehensive and creative investment solutions tailored to the region.

About Jones Lang LaSalle global:

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specialising 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 2007 global revenue of $2.7bn, Jones Lang LaSalle has approximately 180 offices worldwide and operates in more than 700 cities in 60 countries. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 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 more than $54bn of assets under management.

For further information, kindly contact:

John Hobday / Manash Bhuyan
Financial Dynamics
T +971 (0) 4 332 8832
F +971 (0) 4 332 8388
P.O. Box 71253, Dubai, UAE

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