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Jones Lang LaSalle Ranked Number One Real Estate Investment Brokerage Firm in Asia Pacific in 2011

As confirmed by Real Capital Analytics


SINGAPORE, 18th May 2012Jones Lang LaSalle has been ranked the number one investment brokerage in Asia Pacific in 2011, according to recently released independent data from Real Capital Analytics (RCA).  The firm’s capital markets team advised on over US$8.2 billion of commercial real estate investment transactions in 2011 in Asia Pacific, which equates to a 24 percent market share in the region.  The firm was also the number ranked firm for hotel, shopping centre and retail transactions across Asia Pacific.

Stuart Crow, Head of Asia Pacific Capital Markets at Jones Lang LaSalle commented: “In 2011, our teams completed over 100 deals across the region, including landmark cross border deals in many markets. This result reinforces the investments we have made in building a single global capital markets team with specialisation in the logistics, retail and hotel sectors. In 2012 we are experiencing solid demand for larger assets in core markets from large Asian, European and North American investors, with many increasing their portfolio allocation to real estate.”  

Jones Lang LaSalle Asia Pacific Capital Markets 2011 highlights:
• The largest single retail transaction in Australia – brokered the sale of Northland Shopping Centre in Australia at a value of US$499 million
• Soho Century Avenue – A Grade A office building in Shanghai, China, which transacted at close to US$294 million
• South Beach Development: Divestment of two thirds of the equity interest in Singapore's US$2.5 billion iconic development for Elad Group and Dubai World
• On behalf of Australia listed property group Abacus, Jones Lang LaSalle Corporate Finance structured a US$628 million (AUD600 million) joint venture exclusively with Heitman Group.
• Land deal in Mumbai: Concluded the sale on the most valuable land in the Mumbai Market for US$140 million which will be developed into a 750,000 sq ft mixed-use scheme
• One Finlayson Green, Singapore: Sold for US$217 million and achieved the highest per sq ft sales price of SG$2,520
• CentrePoint, Ho Chi Minh City, Vietnam: Completed the sale of the first-ever commercial investment Grade A building on the open market in Vietnam (c.US$59 million)
• Successfully completed the US$230 million sale of Tatung Co’s industrial property in prime Beitou District, Taipei by tender, setting the mark for the largest industrial office transaction in Taiwan in 2011.
 

Notes to Editors:
• Real Capital Analytics (RCA) is an independent entity which monitors real estate transaction volumes around the world. http://www.rcanalytics.com
• Jones Lang LaSalle's EMEA Capital Markets business was also ranked as the number one broker in EMEA by RCA, advising on over US23.7 billion of transactions