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Jones Lang LaSalle’s Hotels and Hospitality Group strengthens Japan offering to Asian investors

Relocation of Atsushi Murai, Senior Vice President Investment Sales, from Tokyo to Singapore will enhance the firm’s capability to deliver investment opportunities in Japan to pan-Asian investors

SINGAPORE, 23 July, 2013 — Jones Lang LaSalle’s Hotels & Hospitality Group (“JLL H&H”) has relocated Atsushi Murai, Senior Vice President, Investment Sales Asia Hotels & Hospitality Group, from Tokyo in Singapore. The move to the firm’s regional hub, strengthens its commitment to deliver Japanese investment opportunities to the wider Asian market.

In the new role, Murai will be involved in a range of transaction mandates across Asia Pacific, focussing specifically on cross-border regional investment opportunities and driving transaction mandates in Japan. Leveraging his market knowledge, he will support the team to identify opportunities for pan-Asian investors looking to expand into the Japan Hotels and Hospitality market.  

Over the last seven years, Murai has successfully facilitated in excess of USD 200 million in Hotel transactions in Asia, including the sales of Hilton Otaru, Niseko Village, Rihga Royal Sakai Osaka and several other hotels in Japan.   Based in Tokyo, Murai has been with Jones Lang LaSalle's Hotels & Hospitality Group, since 2002 and has over 13 years’ experience in the industry. In 2006, Murai spent a year working at the firm’s Los Angeles office focusing on investment and advisory projects across Japan and the U.S.

Scott Hetherington, Chief Executive Officer Asia of Jones Lang LaSalle’s Hotels & Hospitality Group said: “We are seeing strong investor demand for opportunities in the Japan market. With his extensive experience and market knowledge, Murai’s relocation to Singapore will enhance our capability to showcase these opportunities to investors across the region looking at ways to enter the market.”

Atsushi Murai said: “With recent improvements in the Japanese economy, we anticipate that investor sentiment in both Hotels and the wider investment market will continue to improve. The recent depreciation of the Japanese Yen should also increase inbound traffic, both in terms of visitor arrivals and investor capital, to Japan. As such, I am confident that this is an excellent time to consider Japan as an investment option and look forward to supporting our clients across the range the full range of service, from investment sales to advisory solutions."

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Notes to editors:

About Jones Lang LaSalle’s Hotels & Hospitality Group 

Jones Lang LaSalle’s Hotels & Hospitality Group serves as the hospitality industry’s global leader in real estate services for luxury, upscale, select service and budget hotels; timeshare and fractional ownership properties; convention centers; mixed-use developments and other hospitality properties. The firm’s more than 265 dedicated hotel and hospitality experts partner with investors and owner/operators around the globe to support and shape investment strategies that deliver maximum value throughout the entire lifecycle of an asset. In the last five years, the team completed more transactions than any other hotels and hospitality real estate advisor in the world totalling nearly US$25 billion, while also completing approximately 4,000 advisory, valuation and asset management assignments. The group’s hotels and hospitality specialists provide independent and expert advice to clients, backed by industry-leading research.

For more news, videos and research from Jones Lang LaSalle’s Hotels & Hospitality Group, please visit: or download the Hotels & Hospitality Group’s app from the App Store. 

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 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 76 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.