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JLL recognised as top dealmaker at AsiaProperty Awards 2014

Firm receives regional accolade for Singapore sale


​​SINGAPORE, 26 September 2014 - A capital markets transaction negotiated by JLL has been awarded ‘Cross-border Investment Deal of the Year’ at the inaugural AsiaProperty Awards, held in Hong Kong on 25 September. JLL won the award for the sale of the Grand Park Orchard Hotel together with its Knightsbridge Retail Podium in August 2013, which significantly surpassed all price per key and price per square foot benchmarks in Singapore.

Mike Batchelor, Managing Director, Investment Sales Asia, JLL’s Hotels & Hospitality Group, said: "The Grand Park Orchard is one of Singapore’s most prestigious hotels, located along one of Asia’s most valuable and desired avenues, and we were extremely proud to have been appointed by the client to manage the sale of this asset. Delivering an outstanding result to our client and winning the AsiaProperty ‘Cross-border Investment’ award are testament to the efforts and expertise of our regional Hotels & Hospitality team."

Anthony Barr, Regional Director, JLL Singapore Capital Markets ​ said: "We are honoured to be recognised as the dealmakers behind one of the largest single asset transactions in Singapore. Despite the large transaction size and complex nature of this transaction we were able to  engage a broad investor base, as evidenced by a sale to an entity making its first asset purchase in Singapore."

The inaugural AsiaProperty Awards complement AsiaProperty magazine’s mission to provide information and insight to develop the business of cross-border real estate investment in the Asia Pacific region. Held at the exclusive Aberdeen Marina Club in Hong Kong, the Awards reward the ​best and brightest players in the region. All awards are regional and judged by either a public vote or a panel of judges.

JLL’s Asia Pacific capital markets team comprises 300 people working in 80 offices across the region. In 2013 JLL Asia Pacific Capital Markets was ranked top real estate investment advisor in Asia Pacific by Real Capital Analytics (RCA). The team advised on over US$21.5 billion of commercial real estate investment transactions across the region in 2013, equating to 36 percent market share.   

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About JLL 
JLL (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 fee revenue of $4 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under 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 over 28,000 employees operating in 80 offices in 16 countries across the region. The firm was named ‘Best Property Consultancy’ in seven Asia Pacific countries at the International Property Awards Asia Pacific 2014, and won nine Asia Pacific awards in the Euromoney Real Estate Awards 2013. www.jll.com/asiapacific  

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