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Tuesday, 15 December 2015, 12:00 HKT/SGT

Source: Jones Lang LaSalle, Inc.
JLL and Telstra expand partnership beyond Australia to cover further eight markets in Asia Pacific

SINGAPORE, Dec 15, 2015 - (ACN Newswire) - Australian telecommunications giant Telstra has appointed JLL to manage its growing Asia Pacific property portfolio comprising 260,000 square feet across eight countries.

JLL and Telstra expand partnership beyond Australia to cover further eight markets in Asia Pacific

The global real estate services company will provide facilities management, sustainability consulting, lease administration, transaction management and project management services to Telstra in China, Hong Kong, India, Japan, Korea, Malaysia, Singapore and Taiwan until 2020.

This follows JLL being reappointed by the firm for a further five years in July 2015 to provide integrated property services for Telstra's vast and complex portfolio in Australia, which covers more than 15,000 properties.

JLL's Asia Pacific CEO for Corporate Solutions, Jordi Martin, says, "I am excited by the opportunity to build on JLL's strong relationship with Telstra in Australia to provide a real estate outsourcing solution that supports its growing footprint across the Asia Pacific region.

"Our global platform, and 20 years of experience providing corporate real estate services in Asia Pacific, means we are well positioned to meet the needs of companies based in this region as they expand internationally. We look forward to supporting Telstra's growth plans over the next five years," adds Mr Martin.

Telstra Property, Executive Director, John Romano said, "We're delighted to continue and build on the strong relationship we have enjoyed with JLL over the past five years.

"Using the firm's established global service delivery models will help us grow our business in Asia and internationally as we manage our large and diverse property portfolio holding," said Mr Romano.

About Jones Lang LaSalle, Inc.

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

JLL has over 50 years of experience in Asia Pacific, with 36,000 employees operating in 94 offices in 16 countries across the region. The firm won the 'World's Best' and 'Best in Asia Pacific' International Property Consultancy at the International Property Awards in 2016. www.ap.jll.com.

Anna Town
Phone: +612-9220-8445
Email: [email protected]

Source: Jones Lang LaSalle, Inc.

Topic: Business Tieup
Sectors: Daily Finance, Real Estate, Daily News
From the Asia Corporate News Network

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