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Jones Lang LaSalle Japan Confirms New Country Leadership

Toshinobu Kasai to succeed Yoichiro Hamaoka

TOKYO, SINGAPORE - 26 January 2012Jones Lang LaSalle has confirmed that Yoichiro Hamaoka, who has successfully led the firm’s Japanese business for 12 years, will be stepping down and taking on the role of Chairman. Toshinobu Kasai, previously Japan head of Goldman Sachs Real Estate Principal Investment Area (REPIA), is to succeed Yoichiro Hamaoka as Managing Director of Jones Lang LaSalle in Japan. 

Alastair Hughes, CEO, Jones Lang LaSalle Asia Pacific said: “Hamaoka-san has led our Japanese business successfully during his 12 year tenure; we have achieved strong growth, opening new offices, increasing headcount and expanding the services we offer our clients. We thank Hamaoka-san for his dedication and leadership and wish him the very best for the future.”

He continued: “Kasai-san is well-known and respected in the Japanese banking and real estate markets and he is the ideal candidate to build on the legacy that Hamaoka-san leaves us with. I am confident that Kasai-san’s extensive experience in both financial services and real estate will enable him to successfully drive our business forward.”

Mr Kasai joined Goldman Sachs in 1999, spending 11 years at the company, and was promoted to Partner in 2004. During that time, he launched Goldman Sachs Realty’s operations in Asia.  As a former head of the Real Estate Principal Investment Area (REPIA) Japan, he has extensive experience in the Japanese real estate investment business. Prior to Goldman Sachs Mr Kasai worked at Daiwa Securities.

Toshinobu Kasai will join Jones Lang LaSalle at the beginning of April and will work closely with Yoichiro Hamaoka during a transition period.

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Notes to editors
1. High resolution photograph of Toshinobu Kasai available here.

2. Jones Lang LaSalle Japan has offices in Tokyo, Kansai, Fukuoka and Hokkaido and employs over 550 people. The firm offers clients a full range of services including: Capital Markets, Markets, Property Asset Management, Project and Development Services, Corporate Real Estate, Integrated Facilities Management and Research.