| December 10, 2007 | |
The world’s leading integrated global real estate services and money management firm, Jones Lang LaSalle Incorporated recently hosted its Global Board of Directors and Global Executive Committee for the first time in its 220 years history in Mumbai, India.
According to Mr. Colin Dyer, President and Chief Executive Officer, Jones Lang LaSalle Inc the Indian real estate market is mushrooming and becoming a momentous contributor to India’s economic growth. Many corporations are looking at investing or expanding their businesses in Asia and the economic and business outlook is encouraging. He also said that the opportunities that lie ahead for their business, employees and clients in India are quite exciting.
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.
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 Jones Lang LaSalle Meghraj is the largest real estate services firm with over 3,300 employees across Ten Indian Cities, managing approximately 44 million square feet of real estate space across India.
Considering the stage at which the Indian real estate market is at now, the company believes that 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.
The three-day Board Meeting in Mumbai, 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 Meghraj is well positioned to continue its positive growth and reinforce its thought leadership on the Indian real estate market.
News Published Under: Real Estate India |
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