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India plays host to Jones Lang Lasalle's global board meeting
Monday, 10 December, 2007

Mumbai, Dec 10 (ANI/Business Wire India): Jones Lang LaSalle Incorporated, the world's leading integrated global real estate services and money management firm, recently hosted its global board of directors and global executive committee for the first time in its 220 years history in Mumbai.

Colin Dyer, President and Chief Executive Officer, Jones Lang LaSalle Inc. said, "We are extremely pleased to be in India for the Global Board Meeting. The Indian real estate market is burgeoning and becoming a significant contributor to India's economic growth. The country is on the radar of many corporations looking at investing or expanding their businesses in Asia and the economic and business outlook is positive. We are excited by the opportunities that lie ahead for our business, employees and clients in India."

The three-day board meeting was attended by six board directors and senior leaders of the global executive committee of Jones Lang LaSalle reflects the importance of India to the global Jones Lang LaSalle business and growth strategy.

"Jones Lang LaSalle has been making and continues to make significant investments to expand market share and client wins. These investments and our strategic acquisitions across the world are contributing to the firm's positive results," Dyer added.

In India, the merger of Jones Lang LaSalle and Trammel Crow Meghraj in June 2007 to form Jones Lang LaSalle Meghraj has allowed the firm to strengthen its presence in the real estate services industry in this booming economy.

"Today, we are the largest real estate services firm with over 3,3 00 employees across ten Indian cities, managing approximately 44 million square feet of real estate space across India," Dyer said.

"In addition, a more robust global service delivery platform with access to a wealth of knowledge and expertise has empowered our employees to enhance the level of service delivery to our clients in India. Considering the stage at which the Indian real estate market is at now, we believe there will be strong demand for comprehensive and enhanced scope of real estate services with adoption of international best practices, which is where Jones Lang LaSalle Meghraj has the competitive edge," added Dyer.

Jones Lang LaSalle Meghraj is well positioned to continue its positive growth and reinforce its thought leadership on the Indian real estate market. (ANI)
- AY


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