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News Release

Prague

Jones Lang LaSalle Wins a New Property Management Instruction: Oregon House Office Building


Prague, 10 September 2012 – The Property Management team at Jones Lang LaSalle has won a new instruction. As of August 2012, the Prague team has been managing Oregon House, a modern office property in Prague 5 Zličín. Oregon House offers 13,500 m2 of A-class office premises with tenants such as Schindler, IKEA and McDonald´s. The asset manager of the property is AXA Real Estate.


Virginie de-Baere, Head of Property Management at Jones Lang LaSalle, comments: “This instruction is a major achievement for the Jones Lang LaSalle Czech Republic property management team and has enlarged our CEE portfolio under management to over 1.5 millon m2. It illustrates our capability to provide quality & sustainable property management services in the Czech Republic. This is the result of our unique Property Management CEE platform in place, covering five markets: Czech Republic, Hungary, Poland, Romania and Slovakia, allowing us to drive efficiency for the benefit of our clients such as AXA Real Estate and deliver robust and streamlined reporting - all in order to maximise efficiency, protect tenancy occupancy, reduce operating costs, introduce green & sustainable programs and to enhance the overall values of the retail, office and industrial assets under Jones Lang LaSalle Property Management.”