JLL's Greater China Valuation Businesses Streamlined for Further Growth

HONG KONG, 4 January 2018 - JLL is making personnel changes to its Greater China valuation business with a view to better serving the needs of clients and the firm. The changes will take effect on 1 January 2018.

Mr. Lau Chun-kong will take on an expanded role by also taking overall responsibility for JLL's valuation advisory services business in China, Hong Kong, Macau, Taiwan and Asian cities, becoming the Head of JLL's Valuation Advisory Services (VAS) in Asia and Greater China. He will continue to identify opportunities for increased market share and grow the valuation business of the firm across Asia.

Ms. Sylvia Lau, Head of JLL's Corporate Appraisal and Advisory (CAA) services for Greater China, will take up the position of Head of VAS in China. The current CAA team and the China Valuation team will be consolidated into VAS China (with more than 200 employees) under Sylvia's leadership. Sylvia Lau joined the team in 1997 and has worked on numerous projects throughout Asia in different industries.

Ms. Rita Wong, International Director, will assume the role of Head of VAS, Hong Kong and Macau. She will also coordinate special regional projects. She has more than 20 years of experience in the real estate field and involved in a wide range of valuation and advisory in Greater China and major Asian cities. She is specialised in transactional advisory and corporate services on regional basis.

Mr. K.K. Fung, Managing Director of JLL in Greater China, said: "With the full set of valuation licenses in China, the valuation business of JLL in the Greater China have grown significantly in the past years. With a view to providing our clients with the most professional and efficient services, we have streamlined the structure of the valuation businesses. We are happy to see CK, Sylvia and Rita moving into their new positions and we are confident that they will continue to make excellent contributions to the firm. In future, we will continue to do our utmost to serve clients and to grow the firm."

Mr. Lau Chun-kong commented: "I am glad to receive an expanded role and excited about the challenges ahead. I would like to express my gratitude to the VAS team for their dedication. We will continue to provide clients with sophisticated and impartial valuation and consultancy advice."

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

JLL has over 50 years of experience in Asia Pacific, with 36,900 employees operating in 96 offices in 16 countries across the region. The firm won the ‘World’s Best’ and ‘Best in Asia Pacific’ International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics. www.jll.com/asiapacific

In Greater China, the firm was named ‘Best Property Consultancy in China’ at the International Property Awards Asia Pacific 2016, and has more than 2,200 professionals and 14,000 on-site staff providing quality real estate advice and services in over 80 cities across the country. www.joneslanglasalle.com.cn