Jones Lang LaSalle

Jones Lang LaSalle is a service, consulting and investment management companies in the property sector. The company offers specialized services for owners, users and investors who want to realize capital gains in real estate. The annual turnover is $ 3.9 billion. Jones Lang LaSalle 's global reach spans more than 1,000 cities in 70 countries. The company is responsible in the field of Management and Real Estate Services Outsourcing a portfolio of over 241 million square meters. LaSalle Investment Management, the investment management business of the company, manages assets of $ 47 billion.

History

The merger of LaSalle Partners Incorporated and Jones Lang Wootton, the company Jones Lang LaSalle was formed in 1999.

Jones Lang Wootton was founded in early 1783 by Richard Winstanley. This was employed as auctioneer at the London Paternoster Row. 1806 joined Winstanley son James into the business and led it on. Already in 1840 James Winstanley went into partnership with James Jones, who moved among other things, the business premises in 1860 in the King Street near the Guildhall. Over 100 years of operation remained in this road until Frederik Jones took over the business. From here the company of the Company in Frederick Jones and Co. Richard Winstanley was changed.

1872 Frederick Jones retired and the company was continued in the third generation of long- CA as sole shareholder. So the company name (company) was also changed back to Jones Lang and Co. 1939 the company merged with the company, founded in 1892 Wootton and Son and became the Jones Lang Wootton and Sons.

Expansion

1957 Jones Lang Wootton expanded worldwide. Six years later, the company had 23 partners and 300 staff in Australia. As a result, offices were established in New Zealand, Singapore, Kuala Lumpur, Hong Kong and Tokyo. 1962 Jones Lang Wooton extended its operations to Scotland and in 1965 Ireland and continental Europe. The first office on the Continent was opened in Brussels in 1965. Other business centers followed in the Netherlands, France and Germany. Soon afterwards offices in Budapest, Prague and Warsaw were opened.

At the time when Jones Lang Wootton in Europe expanded, in 1968 LaSalle Partners in El Paso, Texas, founded under the name IDC Real Estate. In 1972, the office was relocated to Chicago. In the same train the company was changed to LaSalle Partners. Opened in 1973, Jones Lang Wootton its first office in Germany (Frankfurt / Main ), two years later in New York.

The mid-1990s took place five acquisitions. In November 1994, Alex was. Brown Kleinwort Benson Realty Advisors Corporation, in October 1996, the CIN Property Management Limited, in April 1997 the Galbreath Company in January 1998 and the project management business of Satulah Group Inc. integrated into the company. In October 1998, the company COMPASS Management and Leasing Inc. and the American retail - property management business of Lend Lease Real Estate Investments Inc. was added.

In July 1997, LaSalle Partners Incorporated completed her initial offer from the company's common shares.