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Jones Lang LaSalle Takes REIW Asia Award for Excellence 2012 - Best Property Consultancy

SINGAPORE, 29 June 2012Jones Lang LaSalle’s Asia Pacific capital markets team has been voted best property consultancy at the inaugural Real Estate Investment World (REIW) Asia Awards. The awards, held in Singapore at a gala dinner during the 2012 REIW Asia convention, were voted for by the property industry in Asia Pacific.

Stuart Crow, head of Asia Pacific Capital Markets, who accepted the award said: “This award is a great achievement for our capital markets teams across Asia Pacific and testament to the work they have carried out in the past year. This award was decided by an industry vote and we are delighted to have received this recognition from our peers and clients.”

These are the first awards of their kind in Asia to honour real estate investment industry players for their ability to demonstrate growth, outperformance and adaptability to changing market conditions and/or client needs within the sector.

Jones Lang LaSalle was ranked the number one investment broker in Asia Pacific in 2011 by Real Capital Analytics (RCA), advising on over $8.2 billion of commercial real estate investment transactions.

Jones Lang LaSalle Asia Pacific Capital Markets recent highlights:

• Advised CRF on the largest agency-negotiated real estate transaction of any asset class in Australia since the GFC, the sale of 50% ownership in three regional shopping centres to Perron Group for US$666.1 million
• On behalf of LaSalle Investment Management advised on the sale of 15 modern logistics facilities in japan for US$1.6 billion. The properties were sold to Global Logistic Properties Ltd
• 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