JLL Asia Pacific has been recognised as the number one real estate investment advisory team in the region for the fourth year running, according to recently released independent data from Real Capital Analytics (RCA).
In 2014, JLL’s capital markets team advised on USD $16.1 billion of real estate investment transactions in Asia Pacific, which equates to a 26.4 per cent market share in the region.
Stuart Crow, Head of Asia Pacific Capital Markets at JLL, said: “The Asia Pacific region is growing rapidly and global investors continue to seek real estate assets to strengthen their investment portfolios. Demand for Asian real estate continues to be focussed on the larger markets in the region and across a range of sectors, particularly those driven by the Asian consumer. “JLL’s unique regional platform continues to support this demand from investors and we’re thrilled to, once again, be recognised as the number one real estate advisory service in the world’s fastest growing region. This year is set to be equally successful with a very strong start to 2015 and I look forward to maintaining our leading position in the RCA rankings for the fifth consecutive year.”
Shobhit Agarwal, Head of India Capital Markets at JLL, said: “2014 witnessed a considerable change in sentiment from a weak 2013. Outlook started looking positive and investor confidence started coming back. The result was clearly witnessed in the Indian Capital Market business. JLL, specifically, displayed an excellent performance with closing double the number of deals than 2013 and raising highest ever funding for clients. Active presence across the key deal types like Investment sales, corporate divestment, land divestment and debt syndication was the key ingredient for this success. With Modi-led BJP government staying pro-business and real estate business, we expect the year 2015 to be equally fruitful. If we manage to execute our plans, I am confident, we will be able to maintaining our leadership position.”
By Shubhra Saini