JLL Named Number One Real Estate Investment Advisor in China
RCA ranking is in recognition of JLL’s strong capabilities and reputation in the Capital Markets
Shanghai, Mar 22, 2022 - JLL was named the No. 1 commercial real estate investment advisor in China for 2021* by Real Capital Analytics (RCA), an independent analyst of global real estate transactions worldwide. In total, JLL closed $2 billion worth of transactions (sell side), achieving 27% market share in China.
Notably, JLL was the go-to advisor in hotel property transactions, representing almost all sellers’ transactions throughout 2021. As for retail property transactions, JLL achieved a dominant market share of approximately 50%. Furthermore, JLL’s China Capital Markets team also performed well in the industrial and development site transactions for the year.
"We are incredibly honored to be named China's leading real estate investment advisor once again. This ranking is in recognition of our strong capabilities and reputation," says Eric Pang, Head of Capital Markets for JLL China. “We experienced active investment activities in China market last year, with a 21% year-on-year increase in transaction volume. We appreciate our clients' trust, and it is our pleasure to have assisted a variety of market players in seizing opportunities and achieving their investment goals. Looking into 2022, with financial, monetary, and tax regulatory bodies exhibiting signs of loosening present restrictions, we assume the Chinese capital market will be busy and exciting.”
Despite the impact of the pandemic, JLL Asia Pacific Capital Markets business outperformed in 2021, brokering the investment amount valued up to $22.4 billion, with an increase of 28% year-on-year. JLL was also named top investment advisor in Australia* and Japan, the number one investment advisor in the Asia Pacific for the Retail sectors as well as the Hotels sector for the 11th consecutive year.
*JLL named joint No. 1 in China and Australia.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.