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News release

Boston, MA.

Jones Lang LaSalle Executives Speak at IFMA Facility Fusion on Emerging Commercial Real Estate Trends in the Global and US Economic Recovery


BOSTON, March 23, 2011 — The real estate industry convenes in Boston today for International Facility Management Association’s (IFMA) Facility Fusion Conference & Expo, a three-day conference at The Westin Boston Waterfront. Jones Lang LaSalle Executive Vice President Tom Turley is speaking on the five hottest issues in the industry. Senior Vice President Janice Cimbalo will provide an overview of the current world markets and trends in the US. 

Turley will review some of the pivotal changes that will occur in capital markets. “As commercial debt expires over the next five years, how the capital markets work through re-financing the debt load could have a major impact on the commercial real estate recovery.” Turley will also cover the effect of recent world events on real estate values.

The US overview by Cimbalo includes a historical review of the major trends, with details on 2010 and where that recovery places us as we experience the market in 2011. “This year’s worldwide real estate market has demonstrated a multi-speed recovery, led by emerging markets in Asia and South America,” Cimbalo said. “In the United States, the uncertainty of 2010 is being replaced by cautious confidence in 2011, with certain CBD’s and industry sectors like technology, banking and finance, and oil leading the growth.”

Jones Lang LaSalle’s Turley has focused his career on strategic planning and the implementation of large portfolios in both the public and private sectors. Cimbalo specializes in corporate strategic planning in the public and private sectors as well as value-added client services such as incentive negotiations and workplace strategy evaluation. She is currently a co-author of the IFMA Foundation’s book “Cut it Out” and will contribute to the organization’s upcoming international workplace strategy publication.

IFMA’s second annual Facility Fusion Conference & Expo will be open to conference attendees and members of the media.

About IFMA 
 
IFMA is the world’s largest and most widely recognized international association for professional facility managers, supporting more than 19,500 members in 78 countries. The association’s members, represented in 124 chapters and 16 councils worldwide, manage more than 37 billion square feet of property and annually purchase more than US$100 billion in products and services. Formed in 1980, IFMA certifies facility managers, conducts research, provides educational programs and produces World Workplace, the world’s largest facility management conference and exposition. To join and follow IFMA’s social media outlets online, visit the association’s LinkedIn, Facebook, YouTube and Twitter pages. For more information, visit the IFMA press room or www.ifma.org.
 
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 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 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 $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.
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