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Another downtown asset sold by JLL

A former music club located at 15 Sas Street in the city centre of Budapest, has been sold. The Hungarian investor was represented by the international property consultant JLL during the acquisition of the previously Italian privately owned property.

JLL represented AEW Europe in the largest commercial real estate investment transaction since the global financial crisis

International real estate services provider JLL represented AEW Europe in the disposal of their Hungarian real estate portfolio. This transaction is the largest portfolio sale in Hungary since the global financial crisis.

The new publication of JLL Hungary provides a thourough analysis of the real estate investment market in Hungary

Hungary is experiencing a revival of its economic performance and real estate investment activity which follows several years of poor performance amid the wider European and global financial climate. “A guide to real estate investment in Hungary”, the new publication of JLL Hungary highlights that since 2013 numerous macro-economic indicators have improved and this has started to translate into real estate investment activity.

European retail real estate investment volumes reach €6.6bn in Q1 2014

Large transactions in core markets push volumes up 27% from Q1 2013; FY2013 volumes expected to be bettered in 2014 Budapest, 12 May 2014 – JLL reports building momentum for retail real estate investment in Europe, after a solid start to the year, and following on from the strong volumes experienced in the second half of 2013.

Jones Lang LaSalle Shortens Name to “JLL” and Unveils New Logo

Underscoring its global operation, scale and vision for the future, Jones Lang LaSalle (NYSE: JLL), the professional services and investment management firm specializing in real estate, has announced that it is now using the name “JLL” and introducing a refreshed logo.

2013: Outstanding year for Jones Lang LaSalle’s Tenant Representation department

In 2013 the international property advisory firm, Jones Lang LaSalle (JLL) represented its office occupier clients in nearly 50,000 sq m of office space transactions. This is the 6th consecutive year since 2008 in reaching the largest market share of the Tenant Representation market.

Jones Lang LaSalle selected as new leasing agency of MOM Park Towers and BC 140

The international property advisor Jones Lang LaSalle (JLL) has been mandated by a global real estate investment manager as co-exclusive letting agent of their BC140 and MOM Park Tower office buildings. JLL share leasing mandate with DTZ on BC140 and with Cushman&Wakefield on MOM Park Towers.

According to Jones Lang LaSalle’s Q1 2013 Budapest City Report

73 million Euro was transacted on the Hungarian real estate investment market in Q1 2013 according to the international property advisor Jones Lang LaSalle. During the first quarter of 2013 only two transactions were concluded with a total investment volume of €73 million. One of these two transactions was not an institutional investment while the other was an off-market deal.
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