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New Delhi, Delhi, India
Jones Lang LaSalle, the world's leading real estate services firm, today announced strategic India management initiatives aimed at consolidating and strengthening its India operations. The initiatives specifically relate to establishing new leadership in the firm's high-growth business areas in the country: Facility Management, Transaction Services and Project & Development Services, and form a part of the larger business drivers which are propelling Jones Lang LaSalle's increased growth and expansion in India and within the region.
The senior appointments are Chris Hunt as Regional Director and Head of West Asia for Integrated Facilities Management and Property Management Services; Sahel Pramendra as India Head for Transaction Services; and Brendan Weier Director, Operations - Delivery, Project & Development Services.
Under the stewardship of Chris Hunt, who has over 20 years of global expertise in facilities management, the India team at Jones Lang LaSalle will be focused on consolidating a strong Integrated Facilities Management and Property Management business. The firm has a robust and growing Integrated Facilities Management platform in India which is a critical contributor to the overall growth of Jones Lang LaSalle's business in the Asia Pacific region. This is demonstrated by recent business wins from Sun Microsystems, DHL Worldwide and Bharti Telecom.
Sahel Pramendra will lead a national team to spearhead the Transaction Services business for Jones Lang LaSalle. Sahel's responsibilities will include representation of client interests in the delivery of strategic transactions services. He brings to the role more than ten years of rich experience in transaction management and has worked closely with large Pan-India developers such as DLF and Unitech. Sahel has also successfully managed transactions for leading clients such as Convergys, Deutsche Bank, CSC and Hewitt, among others.
Project & Development Services continues to be a driving force for us in India, contributing to the US$300 million worth of projects being managed by Jones Lang LaSalle globally. With a growing team of project specialists across India, the establishment of a dedicated leadership team, steered by Brendan Weier , will facilitate the firm's expansion in India. Brendan's primary role will be to bring in global practices in project delivery, provide consistency in relation to time, cost and quality metrics as well as supporting various local and regional project teams.
Mr. Vincent Lottefier, Country Head, Jones Lang LaSalle says, "We are delighted to have such extraordinary individuals with diversified experience drawn from both international and local markets. With best-of-the-breed talent coupled with in-depth service delivery capability, we continue to deliver quality advice and solutions to our growing list of global, regional and local clients. India with its burgeoning economy, rapid growth of the IT/ITES sector and the emergence of Tier II & Tier III cities is a strategic and emerging market for Jones Lang LaSalle".
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL), the only real estate money management and services firm named to Forbes magazine's Platinum 400, has more than 100 offices worldwide and operates in more than 430 cities in 50 countries. With 2005 revenue of approximately US$1.4 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of 927 million square feet worldwide. In 2005, the firm completed capital markets sales and acquisitions, debt financings, and equity placements on assets and portfolios valued at US$43 billion. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse real estate money management firms, with approximately US$34 billion of assets under management. For further information, please visit www.joneslanglasalle.com
Jones Lang LaSalle has over 45 years of experience in Asia Pacific. With over 10,000 employees operating in over 30 markets across the Asia Pacific region, the company is positioned to partner with clients to provide the quality advice needed for making quality decisions.
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Sukhvinder Kaur, Manager-Marketing & Communications, Jones Lang LaSalle, +91 (011) 4149 1006 sukhvinder.kaur@ap.jll.com
Pranav Kumar, Fortex PR, +91 9810077898 pranav@fortexgroup.com
Source: Jones Lang LaSalle (Business Wire India)
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