adidas Group appoints Jones Lang LaSalle as global real estate advisor (UK)

adidas Group, the world's second-largest sporting goods company, has appointed Jones Lang LaSalle exclusively to provide transaction management advice and as preferred supplier for project management and consulting services, across its global real estate portfolio.

John Duckworth of Jones Lang LaSalle said: "adidas joins other companies on the DAX 30 to appoint a third party to advise on its global real estate portfolio. This reflects the growing trend amongst European corporates looking to find efficiencies in the management of their property portfolios through advice and services from international providers. Our strong track record in this area and ability to deliver key services, such as transaction management, through our established network of expertise in local markets was integral to our appointment."

The adidas Group, whose global portfolio encompasses distribution, office and retail space, has already appointed Jones Lang LaSalle on over 50 projects worldwide encompassing transaction management, property development, capital markets and lease administration.

Source: Jones Lang LaSalle

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