JLL is Top Real Estate Investment Advisory Firm in Asia Pacific for Sixth Year in a Row
March 20 2017 - 8:30PM
JCN Newswire (English)
Data from Real Capital Analytics reveals top dealmakers by volume
in 2016
SINGAPORE, Mar 21, 2017 - (ACN Newswire) - JLL is the number one
real estate investment advisory firm in Asia Pacific for the sixth
consecutive year, based on data published by Real Capital Analytics
(RCA), an independent body that analyses real estate transaction
volumes worldwide.
According to the data, JLL tops the ranking in Asia Pacific, having
achieved the highest value of investment deals overall in 2016 - a
total of US$ 20.4 billion, which is 27.5 per cent market share in
the region. The firm also scooped number one in the hotel sector
with US$1.8 billion in hotel sales, a 41.8 per cent market share
across the region.
Of the six real estate investment categories covered by the RCA
ranking, JLL came top in three: retail and apartment, in addition
to hotels.
"We are absolutely thrilled to be recognised for the sixth
consecutive year in the RCA ranking," says Stuart Crow, Head of
Asia Pacific Capital Markets, JLL. "This achievement is the result
of great teamwork and a commitment to providing outstanding
investment advisory services. We look forward to working closely
with our clients to do even more great deals for them in 2017."
"Looking back to 2016, we saw a peak in real estate transaction
volumes in Asia Pacific, with new investors attracted to this
region, including sovereign wealth, and pension and insurance
funds. These investors - whether they are in the region or outside
- are allocating more capital to real estate so we expect to see
more big deals and continued healthy volumes in 2017."
Scott Hetherington, CEO Asia, JLL Hotels & Hospitality, says:
"We're delighted that once again we're the top ranked investment
advisory firm in the hotels sector. This result really demonstrates
the great talent we have in our team to be able to deliver value
for our clients year after year. The hospitality sector continues
its upward trend in Asia Pacific, so we are seeing a strong
pipeline of deals for 2017 and beyond. In particular, we're hearing
from investors that they're excited about opportunities in Japan,
Greater China and the Indian Ocean."
For more information on RCA's methodology, visit
http://www.rcanalytics.com.
About Jones Lang LaSalle, Inc.
JLL (NYSE:JLL) is a leading professional services firm that
specializes in real estate and investment management. A Fortune 500
company, JLL helps real estate owners, occupiers and investors
achieve their business ambitions. In 2016, JLL had revenue of $6.8
billion and fee revenue of $5.8 billion and, on behalf of clients,
managed 4.4 billion square feet, or 409 million square meters, and
completed sales acquisitions and finance transactions of
approximately $136 billion. At year-end 2016, JLL had nearly 300
corporate offices, operations in over 80 countries and a global
workforce of more than 77,000. As of December 31, 2016, LaSalle
Investment Management has $60.1 billion of real estate under asset
management. JLL is the brand name, and a registered trademark, of
Jones Lang LaSalle Incorporated. For further information, visit
www.jll.com.
JLL has over 50 years of experience in Asia Pacific, with 36,000
employees operating in 94 offices in 16 countries across the
region. The firm won the 'World's Best' and 'Best in Asia Pacific'
International Property Consultancy at the International Property
Awards in 2016. www.ap.jll.com.
Source: Jones Lang LaSalle, Inc.
Contact:
Vernia Lim
Phone: +65 6394 7813
Email: Vernia.Lim@ap.jll.com
Copyright 2017 ACN Newswire . All rights reserved.
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