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JLL announces new Asia Pacific Director of Research Strategy

Dr David Rees assumes regional role; Andrew Ballantyne takes over as head of research for Australia

SINGAPORE, 7 DECEMBER 2016 – JLL announces the appointment of Dr David Rees as Regional Director, Research Strategy, Asia Pacific. Dr Rees will continue to be based in Sydney, with a focus now on integrating JLL's research capabilities across the region and developing new services such as regional and global portfolio analysis.

A respected economist and property market commentator, Dr Rees has led Australia research since 2008, significantly growing the team's capabilities and JLL's research subscription services to the industry.

"We're delighted to welcome David into the regional team. His broad-based expertise spans a number of market sectors, including real estate, equity and commodity markets, so we're confident he will add a great deal of value to our clients around the region," says Dr Megan Walters, Head of Research, JLL Asia Pacific. "I'm looking forward to working with David closely to develop new products and services that will further enhance our research offering in Asia Pacific."​

Prior to joining JLL, Dr Rees was director of research at Mirvac Group, an Australian integrated real estate group. An economist and statistician by training, he also spent five years as head of research at Commonwealth Bank, covering economics, credit and foreign exchange markets. Previously, he worked at Bankers Trust where he held the position of Chief Equity Strategist in the investment banking division.

Succeeding Dr Rees as head of research for Australia is Andrew Ballantyne, who has led strategic research for JLL's Australian Capital Markets business. He joined JLL in 2007 as head of research for Victoria and subsequently moved into a national role as head of strategic research, Australia. He will continue to focus on Capital Markets, in addition to coordinating JLL's industry-leading team of 24 researchers across the country.

Both appointments will take effect from 1 January 2017.

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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.  JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 60,000.  On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 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

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 15 awards at the International Property Awards Asia Pacific in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the fifth consecutive year by Real Capital Analytics.