Jones Lang LaSalle India launches Corporate Finance division

Inida's largest international property consultancy company Jones Lang LaSalle (JLL) India, has launched Corporate Finance division. JLL Corporate Finance will address the requirements of corporates, which are not in the business of real estate to make informed decisions about acquiring, disposing of or optimally utilizing their existing real estate assets while enhancing shareholder value.

Mr. Ambar Maheshwari, MD (Corporate Finance), Jones Lang LaSalle India, "JLL Corporate Finance division has been established specifically to service companies that are not into the real estate business and yet have real estate holdings, be they leased or owned. Real estate is a substantial asset class, and unless corporates optimize the returns their real estate portfolios yield, shareholder value is compromised."
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Generaly Indian corporates have parked funds in real estate when they have excess liquidity..

Mr. Anuj Puri, chairman and country head of Jones Lang LaSalle India, " JLL Corporate Finance will assist corporates to make informed decisions about acquiring, disposing of or optimally utilizing their real estate, regardless of whether they occupy it or have acquired it purely from an investment perspective."

About...!

Jones Lang LaSalle is a financial and professional services firm specializing in real estate services. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than USD 2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than USD 43 billion of assets under management.Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 19,700 employees operating in 78 offices in 13 countries across the region. The firm was named the Best Property Consultancy in Asia Pacific at 'The Asia Pacific Property Awards 2011 in association with Bloomberg Television

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