Cisco Systems, the leading supplier of network equipment and network management for the Internet, has renewed its Europe and Emerging Markets Agreement for transactions and lease administration with Jones Lang LaSalle. The three year contract encompasses 3.5 million ft² across 50 countries and includes an extension to incorporate South America.
John Duckworth, Jones Lang LaSalle Client Relationship Manager for Cisco, commented: "Our growing network of expertise in local markets, particularly emerging markets, allows us to deliver key services such as transaction management and lease administration to Cisco Systems and this became a key driver behind our reappointment, enhanced by the strength of the relationship we have built with Cisco Systems over the last five years."
Cushman & Wakefield, DTZ, Trammel Crow and CBRE also submitted competitive bids.
Source: Jones Lang LaSalle