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Jones Lang LaSalle ranked top real estate investment advisory firm in Asia Pacific in 2012

As confirmed by latest Real Capital Analytics data


SINGAPORE, 5 March 2012 – Jones Lang LaSalle has been ranked the number one real estate investment advisory firm in Asia Pacific in 2012, according to recently released independent data from Real Capital Analytics​ (RCA). 

The firm’s capital markets team advised on over US$13.7 billion of commercial real estate investment transactions in 2012 in Asia Pacific, equating to 33 percent market share in the region. The firm was also the number one ranked firm in all sectors across Asia Pacific; office, industrial, hotel, apartment and retail.

Stuart Crow, Head of Asia Pacific Capital Markets at Jones Lang LaSalle commented: “In 2012, our teams closed over 170 deals across the region and increased our market share by almost 10 percent. We have witnessed strong demand for larger assets in core markets from large Asian, European and North American investors, with many increasing their portfolio allocation to real estate. We anticipate further single asset and co-investment deals in some of the core markets in 2013.”   

Jones Lang LaSalle Asia Pacific Capital Markets 2012 highlights:

·         Largest regional asset transaction for 2012 – sale of 15 modern logistics facilities in Japan for USD 1.6 billion. Global Logistics Properties Limited and China Investment Corporation entered into a 50:50 joint venture to acquire the 770,989 sq m portfolio.

·         Largest hotel transaction in Australia – sale of three Marriot hotel properties in Sydney, Melbourne and Brisbane at AUD427 million.

·         Largest single asset transaction in Singapore – sale of 50 percent interest in NEX shopping mall to Mercatus Co-operative for USD 655 million.

·         Largest retail mall transaction in Guangzhou – sale of Everbright Mall to Pramerica Real Estate Investors for USD 318 million. This was also the city’s first investment acquisition of commercial real estate by foreign institutional investor.

·         Largest agency negotiated real estate transaction in Australia post-GFC – sale of a 50% ownership stake in three of Centro Retail Australia’s flagship regional shopping centres for USD 711 million to the Perron Group.

·         First decentralised en-bloc office transaction to an international investor in Shanghai – acquisition of Waterfront Place by ADF Dragon Limited.

·         First Maldives hotel sale to a Singapore-based REIT – sale of Angsana Velavaru resort to CDL Hospitality Trusts.

·         First 100% interest in a regional shopping centre to transact in Sydney in nearly ten years – sale of Top Ryde City to Blackstone for USD 359 million.

·         Largest sale of a decentralised single commercial asset in 2012 – sale of 456 Alexandra Road in Singapore for USD 310 million.

 

 
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About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management.
Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 25,100 employees operating in 78 offices in 14 countries across the region. The firm was named ‘Best Property Consultancy’ in nine Asia Pacific countries at the International Property Awards Asia Pacific 2012, in association with HSBC, and was named the number one real estate advisory firm in Asia Pacific in the Euromoney Real Estate Awards 2012. www.ap.joneslanglasalle.com 
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