Latest data from Real Capital Analytics (RCA) shows real estate advisory
firm advised on the most deals by value in the region in 2013
JLL has been ranked the number one real estate investment advisory firm
in Asia Pacific in 2013, according to recently released independent data from
Real Capital Analytics (RCA) * . JLL, which has been ranked in overall first
place in Asia Pacific since RCA began releasing data in 2011, was also ranked
number one in the office, industrial, hotel, and retail sectors.
The firm’s capital markets team advised on over US$21.5 billion of
commercial real estate investment transactions in 2013 in Asia Pacific,
equating to 36 percent market share in the region.
Mr.Stuart Crow, Head of Asia Pacific Capital Markets at JLL commented: “We
continue to support the RCA ranking as the definitive industry standard which,
since starting three years ago, has helped increased transparency in real
estate markets across the world. The Asia Pacific region is growing rapidly,
with 2013 marking a record year for direct investment in commercial real estate
markets. Over the past year, we have grown our team significantly, adding 15
regional experts to meet this increasing demand from cross border investors, as
a result.”
“We expect investor interest in 2014 to be even greater than last year;
there is a significant continued demand for prime assets in core markets across
Asia Pacific, as investors from around the world look to expand their real
estate portfolios.”
Mr. Anuj Puri, Chairman & Country Head, JLL India says, “JLL’s continued
pre-eminence as Asia Pacific’s leading investment advisory derives from the
consistently high performance of our Capital Markets division. In India alone,
our Capital Markets closed INR 2,122
crore worth of transactions in 2013. India is definitely making a comeback as
one of the most preferred investment destinations in the APAC region. Despite
the economic slowdown, strong underlying demand coupled with favourable
currency movement and better bargaining power has continued to attract
investors. Moreover, there is abundant additional potential waiting in the
wings - foreign investors who are currently not participating in the country
due to political uncertainty will definitely be encouraged to funnel their
funds into Indian real estate when the new government opens up the field with
economic stability and proactive policies.
* Real Capital Analytics (RCA) is an independent data and analytics
company which monitors real estate transaction volumes around the world. For
more information, visit www.rcanalytics.com.
Contact: Rachel Smylie
Phone: +65 6424 3771
Email: Rachel.smylie@ap.jll.com
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. With annual
revenue of $4 billion, JLL operates in 75 countries worldwide. On behalf of its
clients, the firm provides management and real estate outsourcing services for
a property portfolio of 3 billion square feet and completed $99 billion in
sales, acquisitions and finance transactions in 2013. Its investment management
business, LaSalle Investment Management, has $47.6 billion of real estate
assets under management. For further information, visit www.jll.com.
JLL has over 50 years of experience in Asia Pacific,
with over 27,500 employees operating in 80 offices in 15 countries across the
region. The firm was named ‘Best Property Consultancy’ in three Asia Pacific
countries at the International Property Awards Asia Pacific 2013, and won nine
Asia Pacific awards in the Euromoney Real Estate Awards 2013.
www.jll.com/asiapacific
Mr. Arun Chitnis
Head – Corporate Communications & Media Relations
JLL India, Pune - 411 001.
Tel: 020 3093 0441 Fax: 020 4019 6101
Mob: +91 96571 29999
Website: www.joneslanglasalle.co.in
Blog: www.joneslanglasalleblog.com/realestatecompass
Twitter: JLLIndia_Realty
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