Middle east, 02 February 2015 - JLL has been ranked number one financial advisor by number of real estate transactions by the Sovereign Wealth Fund Institute (SWFI), ahead of Macquarie, HSBC, Citigroup, Barclays and JP Morgan.
Arthur de Haast, Lead Director, International Capital Group, JLL said: "Topping the SWFI league table for second half of 2014 is great testament to the hard work of JLL's capital markets teams globally on behalf of clients. A key priority for us is to operate as one integrated team across borders, providing clients with a seamless service globally."
He continued: "Whilst there are challenges globally, from changing monetary policy, pivotal elections and lower GDP growth in China, we believe that the macro drivers of investment into real estate remain. Fund raising was robust in 2014, institutions continue to allocate more money to direct real estate and emerging economies are relaxing the rules on the export of capital."
The SWFI, through its proprietary database, tracks transactions by sovereign wealth funds, pensions and other public funds. In addition, fund commitments make up a minute proportion of the SWFI transaction database. For 2014, sovereign wealth fund and public fund transactions in real estate totalled US$44.5 billion versus US$30.1 billion in 2013.
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JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients -- whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed US$99 billion in investment sale and debt and equity transactions globally. The firm's Capital Markets team comprises more than 1,300 specialists, operating all over the globe.
Contact:
Fadi Moussalli/ Kathryn Athreya
Erica Pettit / Vadia Rai
Phone:+971 4 426 6999
+971 4 4372105 / +971 4 4372110
Email:Fadi.Moussalli@eu.jll.com/ kathryn.athreya@eu.jll.com
erica.pettit@fticonsulting.com /vadia.rai@fticonsulting.com
About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of US$ 4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed US$ 99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has US$ 48.0 billion of real estate assets under management.
About JLL MENA
Across the Middle East, North and Sub-Saharan Africa, JLL is a leading player in the real estate market and hospitality services market. The firm has worked in 40 Middle Eastern and African countries and has advised clients on more than US$ 1 trillion worth of real estate, hospitality and infrastructure developments. JLL employs over 130 internationally qualified real estate and hospitality professionals of 30 nationalities with regional offices in Dubai, Abu Dhabi, Riyadh, Jeddah and Cairo. Combined with the neighbouring offices in Casablanca, Istanbul and Johannesburg, the firm employs more than 300 professionals and provides comprehensive services in the wider Middle East and African (MEA) region.
Emaar Square Bldg 1 Office 403 Sheikh Zayed Road ? PO Box 214029 Dubai UAE tel +971 4 426 6999 fax +971 4 365 3260
Press Release 2015
