Property consultancy Jones Lang LaSalle (JLL) today announced its acquisition of property advisory firm Credo Real Estate. Karamjit Singh, Credo's Managing Director, said he hopes the move will help his company increase market share both locally and overseas. “The key driver behind this deal was the culture and values that we share with Credo; we are a people business and our success is based around...
Jones Lang LaSalle
JONES Lang LaSalle (JLL) yesterday announced the appointment of three international directors for its Singapore office. They are Chris Archibold, head of markets, Singapore; Susheel Koul, head of regional business development for integrated facilities management, Asia-Pacific; and Marina Krishnan, head of integrated facilities management South Asia. JLL chief executive Colin Dyer said: 'Our international...
Team arranged US$20b of debt and equity transactions in last 10 years Jones Lang LaSalle Inc (JLL), the second-biggest publicly traded commercial property broker, has hired an investment banking team from larger rival CB Richard Ellis Group Inc (CBRE), as it prepares for US real estate sales to rebound. Thomas J Melody, 48; Michael J Melody, 47; and Thomas O Fish, 47, started their new jobs this week,...
JLL says yes; other property pundits not so sure THANKS in part to falling interest rates, the affordability for luxury homes in Singapore has improved by 24 per cent since the third quarter of last year, according to property consultancy Jones Lang LaSalle (JLL). JLL compiles an affordability index for private homes, which takes into account factors such as property prices, national wages and interest...
Rents in Singapore's prime residential sector are expected to ease further. According to consultants Jones Lang LaSalle, it's expecting to see a 4.5 per cent contraction for the whole year. It has already weakened by two per cent year to date. In its mid-year review on the Singapore property market, Jones Lang LaSalle also notes an easing in the resale prices of luxury projects in the prime...