ASEAN KEY DESTINATIONS
Thai bourse joins SEC and mutual fund participants to launch new fund service platform
BANGKOK, March 15, 2016 - The Stock Exchange of Thailand (SET) has signed a memorandum of understanding (MOU) with The Securities and Exchange Commission (SEC) and alliances in Thailand’s mutual fund industry. The MOU is aimed at establishing standards across end-to-end processes for mutual fund distribution. SET will implement a centralized platform, expected to be JLL is Asia Pacific's Number One Real Estate Investment Advisory Firm for Landmark Fifth Year
Real Capital Analytics data reveal the firm is region's top dealmaker by volume for 2015
SINGAPORE, Mar 14, 2016 - (ACN Newswire) - JLL has been named the number one real estate investment advisory firm in Asia Pacific for the fifth year in a row, based on total value of sales completed.
According to Real Capital Analytics (RCA), an independent body that monitors real estate transaction volumes worldwide, JLL advised on investment deals worth US$16.6 billion in 2015, which amounts to 27.8 percent market share in Asia Pacific. The firm has been ranked first place since RCA began releasing data in 2011.
JLL also took the top spot in the hotel sector for the fifth year in a row, with a total of US$2.9 billion in hotel sales in 2015, representing 57 percent market share in the region.
"2015 was a stellar year for real estate investment in Asia Pacific thanks to continuing demand from investors wanting to buy into the growth story in the region," says Stuart Crow, Head of Asia Pacific Capital Markets, JLL. "We are delighted to have achieved top ranking with RCA for five consecutive years, which shows the strength of our platform to serve investors in Asia Pacific. We look forward to continuing to deliver exceptional value to our clients in 2016."
Scott Hetherington, CEO Asia, JLL Hotels & Hospitality, says: "Our hotels business in Asia Pacific has been growing to meet demand for investment advisory services, as the region's hospitality sector continues to mature and develop. For us, 2015 was a year of high-profile transactions and a number of blockbuster sales. This number one ranking with RCA is testament to the hard work of our teams in making these deals happen."
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. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visitwww.jll.com.
JLL has over 50 years of experience in Asia Pacific, with over 30,100 employees operating in 83 offices in 16 countries across the region. The firm was named 'Best International Property Consultancy' and 'Best Property Consultancy Asia Pacific' at the International Property Awards Final 2015 as well as number one real estate advisor in Asia at the 2015 Euromoney Real Estate Awards.www.jll.com/asiapacific.
Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below