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News Release

JLL celebrates 20 years in China

Shanghai, September 9, 2014 – JLL, the global professional services firm specializing in real estate, today celebrates its 20th Anniversary in China since it opened its first Mainland China office in Shanghai in September 1994. In just 20 years, JLL has grown its staff to nearly 8,000 employees across 12 corporate offices in mainland China, and its business coverage spans more than 80 cities across the country. JLL has pioneered and led growth in the China real estate market for 20 years, through its market leading research, integrated global platform, and industry innovation. China is now JLL's fastest growing market globally.

JLL's success has been based on its unique ability to guide change within China's fast paced environment. Putting strategic emphasis on integrating global resources with extensive local expertise and market insight has allowed the company to provide integrated solutions across the entire real estate life cycle and all industry sectors. JLL's global reach has been especially valuable to Chinese corporates, who value JLL's experience and expertise as they expand their global footprint with outbound investments in real estate.

Research is a strategic priority for JLL in China, and it boasts the most comprehensive program in the industry with a team of over 50 dedicated researchers. The quality and depth of JLL's research across a broad range of real estate topics, enables its clients to make quality and sustainable decisions.

JLL has been involved in planning and management of many of China's most iconic landmarks. It has consulted city governments on redevelopment and regeneration projects for core city areas, including the Shanghai 2010 World Expo site, the Shanghai Bund area, Beijing's Olympic Green area and Wuhan's Garden Expo site. In terms of properties, JLL now manages over 50 million square meters of real estate across China for occupiers and investors, with its portfolio including landmarks such as the Bird's Nest, CCTV Tower, Shanghai Port International Cruise Terminal and Guangzhou IFC.

JLL's persistence and outstanding successes in China have been recognized across the Asia Pacific region and globally. JLL has been awarded the title as Best Property Consultancy China between 2011-2014 at the Asia Pacific Property Awards, recognizing its commitment to delivering superior value and unequalled dedication. Globally, being named one of the World's Most Ethical Companies for seven consecutive years, 2008-2014, underlines JLL's integrity as a global organization.
During the celebration event marking JLL's 20th Anniversary in China, which was attended by more than 300 people recently, Alastair Hughes, CEO of Asia Pacific and KK Fung, Managing Director of Greater China for JLL commented on company's achievements.

Alastair Hughes, Chief Executive Officer for Asia Pacific: "China plays a very important role in JLL's global strategy and remains the growth story of not just Asia but the world, and our number one priority is to provide best in class service to our Chinese clients and also to our international clients who are active in China. We are very proud to have built a reputation as the market leader in China, and to have played a major role in the creation of a specialist and professional real estate services industry in the country."

KK Fung, Managing Director Greater China, commented on JLL's future development opportunities: "JLL has been commitment to the China market since we opened our first office in 1994. We will continue to invest and grow in China, and we see huge potential for us to continue to play an important role in the advancement of the real estate market in China. Most importantly, we have built a strong, stable team of local and global talent, which enables us to continue to innovate in the industry, and anticipate and adapt to future client needs, as the market develops."