Jones Lang LaSalle (JLL) Closes The Acquisition Of BRG
Zacks Investment Research | Jul 07, 2016 08:59AM ET
In sync with its disciplined acquisition strategy, Jones Lang LaSalle Incorporated (NYSE:JLL) closed the earlier announced acquisition of BRG, the leading Corporate Real Estate (“CRE”) technology and management firm. This marks another step for the Chicago-based full-service real estate firm toward becoming a global leader CRE technology.
Traci Doane of BRG has been roped into JLL as the President of the new Technology Solutions service division. This division is a part of JLL’s Corporate Solutions business in the U.S. and will look after the technology consulting and Integrated Workplace Management Systems implementation services.
JLL provides corporate, financial and investment management services to corporations and other real estate owners, users, and investors worldwide. Clients of JLL are optimistic about this acquisition and realize that the combined technology, data and analytics services will aid them in making important business decisions.
In fact, in recent times, JLL has made a string of acquisitions to bolster its technology expertise. Given the robust and comprehensive technology platform, this latest acquisition is likely to drive JLL ro offer higher productivity services to clients.
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.