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News release

Chicago

Jones Lang LaSalle Announces Green Lease Portfolio Optimization

Groundbreaking solution allows corporate real estate departments to realize sustainability related savings in new and existing leases


CHICAGO, April 16, 2010 – Jones Lang LaSalle today announced its Green Lease Portfolio Optimization (GLPO) capability, providing a complete solution to corporate occupiers seeking to minimize operating costs, green their space, and improve carbon data management across a leased portfolio. The GLPO solution addresses sustainability across the leased space lifecycle, , from site selection to negotiating green features into existing leases to fit-out, occupancy, and reporting.
 
“Companies want the same payback from energy efficiency improvements in their leased spaces as they can get from owned facilities, but the lease terms are an important part of the equation,” said Peter Belisle, President of Energy and Sustainability Services.  “By knowing how to navigate these barriers, we can systematically attack cost savings opportunities across global portfolios to reduce expenses even without a lease event.”
 
“While many companies are seeking green lease strategies to meet their sustainability and financial goals, we’re not seeing the transaction volume in the market that would be required to move the big needles on cost and carbon,” said Michael Jordan, Senior Vice President of Sustainability Strategy.  “We’ve packaged the tools and the processes to go after the whole portfolio at the same time.”
 
GLPO enables corporate real estate and facilities professionals to:

Reduce costs related to green issues in leased portfolio (energy, recycling, and other costs)
– Improve carbon accounting data
– Meet organizational commitment to improve environmental impact
– Deploy site selection and lease principles on  new space acquisitions
– Manage energy audits
– Execute any capital upgrades, landlord agreements, behavior change campaigns, and data reporting processes
 
Green Lease Portfolio Optimization works seamlessly with other leading-edge tools developed by Jones Lang LaSalle, including the Green Facilities Assessment Tenant Module, OneView Lease Administration Database and Portfolio Energy & Environmental Reporting System (PEERS).
 
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 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 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 more than $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.