Jones Lang Lasalle News

INVESTMENT in European commercial property is expected to recover slightly this year to 2002 levels, according to a new report by property agency Jones Lang Lasalle.

TAX PROFITS at one of the State's best known property firms, Jones Lang LaSalle, dropped by 39 per cent to 2.9 million in 2008, according to accounts recently filed at the Companies Office.

CAIRO: Jones Lang LaSalle Inc, a property investment and advisory firm, plans to double its staff in Saudi Arabia within a year as it expands its Middle East business, an executive said yesterday.

It will be interesting to see how quickly the property sells and what its new owners plan to do with it.

Jones Lang LaSalle Inc., the commercial property broker that earned $203 million in 2009 selling real estate and arranging financing for transactions, hired three mortgage brokers from rival CB Richard Ellis Group Inc.

The fate of Pouch Camp in Sea View won't be known for several months. STATEN ISLAND, N.Y. - The fate of Pouch Camp, the endangered 120-acre Boy Scout campgrounds in Sea View, won't be known for several months.

Frank Doyle honed his skills selling VCRs for the Wiz in the late 1980s. Danny Kim.

A chartered surveyor from Bank Newton is organising a bike ride from London to Paris to raise money for South African charity Project O. Rachael Howard, 28, of Newton Grange, wants more people to join her on the ride at the end of May.

ONE of Sydney's well-known nightclubs and pubs, Kinselas in Darlinghurst, has been sold for $12 million to the private Riversdale group and will be the seed asset for a new distressed pub fund.

Jones Lang LaSalle today announced that it has been retained by New Brunswick Development Corporation as the exclusive leasing agent for the Cultural Center Redevelopment Project, a large, mixed-use redevelopment project featuring a major Class A office tower in the heart of downtown New Brunswick, N.J. The project includes renovations and new ...

In a young real estate market like Russia's, reputation is key. Following a turbulent year of asset seizures and poor financial results for some companies, it is likely to pay for investors to know just whose experience stands behind the major local development firms.

DEMAND PROSPECTS: For the first time in history, domestic businesses in China have become a major source of Grade A office in second-tier cities By Joyce Huang STAFF REPORTER Wednesday, Mar 10, 2010, Page 12 Chinese companies will be the driving force behind the future take-up of Grade A office space in Taipei and major Chinese cities, executives ...

Appointments, promotions and awards in the business community. Seattle area Financial services: Corey Marx and Seth Heikkila were hired as vice presidents at Jones Lang LaSalle.

Like other landlords in the region, management of the Merritt 7 Corporate Park in Norwalk is making deals to lure and retain tenants, and it is reaping the benefits, re-signing three to long-term leases.

United Arab Emirates: 1 hour, 47 minutes ago Jones Lang LaSalle, the world's leading real estate investment and advisory firm, today announced the appointment of David Macadam as Head of Retail Division, a newly created business unit in the Mena region.

DUBAI: Dubai World's overseas investment arm has lost its second prime New York property after defaulting on payments to Danske Bank, an executive at the lender said, raising questions over the future of its remaining US assets.

Dubai, Mar 4 : The state owned Dubai World, riding a rough patch of 22 billion dollar debt incurred during its boom days, lost a second prestigious property in Manhattan in three months as Danske Bank, the lender took control of an office building in Times Square in New York.

While there was little or no change in asking rents in Midtown and Midtown South last month, Downtown saw a moderate drop after landlords cut prices in anticipation of higher vacancy rates in the coming months, a new Manhattan office leasing report covering February from commercial service firm Jones Lang LaSalle shows.

Beyond Green High Performance Building Award was given to the Empire State Building Integrated Energy Efficiency Retrofit team, consisting of:A Rocky Mountain Institute , Jones Lang LaSalle , Clinton Climate Initiative and Johnson Controls .

If you are looking for office space in downtown Chicago, these are wonderful days.