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Prague, 25 February 2013 – Jones Lang LaSalle was awarded the CEE Retail Agency of the Year 2012 at the EuropaProperty CEE Retail Real Estate Awards Gala held on 21st February in Warsaw. The company was selected by an independent jury panel of over 40 key sector decision makers, ranging from developers, landlords, advisors and occupiers, active in the retail industry across the CEE region. Jones Lang LaSalle has now won this award for the last three years, four times overall, illustrating the leading role it plays in the retail sector across CEE, in market conditions which remain somewhat challenging.
Jones Lang LaSalle's retail team of 33 highly experienced professionals provides advanced landlord and tenant representation services across the CEE region. The company currently lets a portfolio of 55 retail leasing projects totalling 2 000 000 sq m. and secured 600 000 sq m in new instructions last year. Jones Lang LaSalle leases high profile shopping centres in CEE and represents key international brands planning to enter and expand into Central – Eastern Europe. As a retail investment advisor, Jones Lang LaSalle is the clear market leader providing strategic advisory in prestigious sales and acquisitions, including the single largest retail transaction in CEE in 2012 – the acquisition of the Manufaktura shopping and entertainment centre in Łódź, Poland, for €390 m.
Beatrice Mouton, Head of CEE Retail Agency, Jones Lang LaSalle commented: “We are absolutely delighted with the CEE Retail Agency Award, which is a testament to our clients' appreciation for Jones Lang LaSalle's expertise, professionalism and strategic, broad advisory, as well as the company’s strong performance across the region. What is particularly important is that this title has been achieved in challenging economic circumstances and growing competition on the market. The award is a prestigious recognition from the industry not only for the leasing teams, but also for other Jones Lang LaSalle retail business divisions such as investment, valuations, property management and research”.
The annual CEE Retail Real Estate Awards Gala is the region's premier retail awards, hosted by EuropaProperty. The event, organized for the fifth time, attracted several hundred real estate representatives and covered countries of Poland, Czech Republic, Hungary, Slovakia, Ukraine, Austria, Lithuania, Latvia and Estonia.
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