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News release

Bogota

Jones Lang LaSalle Expands Latin America Operations into Colombia

Colombia in line as next South American nation to capitalize on investment opportunities


BOGOTA, COLOMBIA, Nov. 23, 2011 — Jones Lang LaSalle today announced the opening of its first office in Colombia, the latest step in expanding its full-service commercial real estate operations across Latin America. Located in Bogota, the office will serve as the base of Jones Lang LaSalle’s Northern Cone operations, and will provide Brokerage, Integrated Facility Management, and Project and Development Services for core clients throughout the region. The firm has operated in Colombia for more than a decade, and is establishing a corporate office to reinforce its commitment to this growing region.

“Colombia’s prime location at the heart of the Northern Cone region, coupled with its dramatically improved political and economic climate, makes it an ideal market for corporate expansion and international investment,” said Shannon Robertson, Head of Regional Latin America for Jones Lang LaSalle. “Our new Bogota office will advance the development of cross-regional service delivery to key corporate clients, and will be a pinpoint location for the firm’s operations in the Northern Cone.”

The Jones Lang LaSalle Northern Cone operations will be overseen by Pedro Azcue, CEO and President of operations throughout Latin America; Shannon Robertson, Head of Regional Latin America; George Amador, Managing Director of Integrated Facility Management, Latin America; and Senior Vice Presidents Zach Cheney and Raul Esparza. The Jones Lang LaSalle team also includes locally based managers as well as Directors Juan Carlos Hernandez, Integrated Facility Management; Paula Cardenas, Project and Development Services; and Jean Baptiste Wettling, Transactions.
“Colombia is quickly gaining on Brazil as the up-and-coming location for private investment opportunities,” said Amador. “We are seeing a surge in foreign direct investment that is strengthening the national economy.”

Jones Lang LaSalle has approximately 1,500 employees providing real expertise throughout Latin America. Jones Lang LaSalle operates out of the Caribbean Islands, Central and South America including: Argentina, the Bahamas, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Jamaica, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay and Venezuela.

Jones Lang LaSalle’s new regional office is located at Carrera 14 N° 89-48 Of. 602, Bogota D.C., Colombia. The firm’s experts can be reached via phone at +57 1 744 1410 or email at JLL_Colombia@am.jll.com.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.9 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.