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News release

LOS ANGELES, CA

Jones Lang LaSalle and XY Group form Strategic Partnership

Chinese rail manufacturer eyes U.S. for investment opportunities


LOS ANGELES, CA, Feb. 6, 2012 - Jones Lang LaSalle today announced the formation of a business development partnership with China based XY Group to explore rail investment opportunities within the United States. XY Group, one of the leading manufacturers of rail systems in the world, has launched an aggressive strategy to expand into international markets.  The group is targeting the construction and financing of private sector intermodal projects for its North American market entry. 

“Jones Lang LaSalle and XY Group are responding to demand from manufacturing and logistics firms for greater connectivity between domestic seaports and intermodal rail services for their U.S. operations,” said John Carver, head of Jones Lang LaSalle’s Ports Airports and Global Infrastructure (PAGI) group.   “The emergence of rail integrated logistics centers and inland ports are creating a demand for both expertise and investment in new rail infrastructure to enhance future industrial park development.” 

With the expansion of the Panama Canal moving closer to completion in 2014, developers across the country are eager to create new solutions and rail improvements within their master-planned projects. To attract shippers, logistics and manufacturing firms, these large scale developments will be determined by their transportation links connecting inland hubs to a dedicated rail and/or port system.

Over the coming months, Jones Lang LaSalle’s PAGI desk will begin meeting with principals of development projects with intermodal or rail infrastructure requirements.   XY Group will then seek a dialogue with railroad executives, port officials and project development teams to evaluate the feasibility of the project and suitability matched against XY Group’s investment objectives.

“We are deeply impressed with the depth of Jones Lang LaSalle’s relationships with the major seaports, rail providers and development interests across the U.S.”, said Robert Sun, CEO of XY Group.  “We believe that a great opportunity exists for XY Group to collaborate with these key stakeholders in offering both our construction expertise and capital to deliver the rail infrastructure needed for the success of all parties.”

“We are seeking to leverage Jones Lang LaSalle’s strong reputation in the marketplace to help identify new investment opportunities for our firm,” added Sun.
 
About XY Group
XY Group is one of the world’s premier developers of rail infrastructure projects. With a strong financial background, and exclusive partnerships around the world delivering world-class technology, XY Group is currently seeking to expand its rail-related investments across the United States.  For further information, go to www.xy-group.com.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of more than $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.7 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.