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News Release


JLL’s International Capital Group strengthens China outbound offering with strategic appointment

Flora Wang Joins JLL in Shanghai, focusing on the facilitation of Chinese outbound capital

Shanghai,21 Oct 2014  - JLL's International Capital Group (ICG) has appointed Flora Wang as a Director in China, strengthening its commitment to deliver global commercial real estate opportunities to Chinese investors. With record levels of capital from China into the world's real estate markets, the new role will support the team in matching the firm's clients with the best opportunities in the market.

Joining from CBRE where she spent 6 years, Flora brings 11 years of commercial real estate experience, most recently as Co-Head of Tenant Rep and Office Services at CBRE Shanghai.

In 2013, China deployed USD14 billion in commercial real estate overseas compared to USD6 billion in 2012 while year to date outbound investment into commercial real estate is on track to match this figure at USD7.5 billion.

Darren Xia, Head of JLL's International Capital Group in China said: "We will continue to see an increase in Chinese capital moving overseas as we move into 2015 and beyond, with interest mainly focused in core office and mixed use development projects in global gateway cities such as London, New York, Sydney and San Francisco. With her solid track record and local expertise, Flora's appointment will allow us to better serve our clients in China, helping them to source and secure the most unique and lucrative opportunities across the global real estate markets."

Alistair Meadows, Head of International Capital Group, Asia Pacific said: "We have built a market leading position in relation to capturing Chinese outbound capital.  Flora's appointment underlines JLL's commitment to build on this success and strategically add resources to better service our Chinese clients' requirements for global real estate opportunities".

JLL's International Capital Group is a dedicated group of senior Capital Markets professionals, operating as a global team to support local and regional capital markets units across the globe. The group works to oversee and coordinate the sale, purchase and financing of assets with global investor appeal.