Jones Lang LaSalle and REAS join forces (PL)

Jones Lang LaSalle and REAS Konsulting, a Polish market leader in residential consultancy, have announced a Co-operation Agreement between the two firms. As a result, the firms will be positioned to make a premier service offer to clients in the residential market in Poland.

REAS is a team of residential consultants with 10 years experience on the Polish market. The co-operation enables Jones Lang LaSalle, which provides a full range of services on the commercial property market, to add to and strengthen its position in the residential sector in Poland and in the CEE region. REAS will be able to leverage from the Jones Lang LaSalle international network. As a result of this collaboration, domestic and international clients will benefit from a fuller range of residential consultancy services including: project management, market research, analysis & reports, site disposal & acquisition, commercial due diligence, transaction support, feasibility studies, and valuation services.

Ben Bannatyne, Regional Director – Central Europe at Jones Lang LaSalle, commenting on the agreement said: "We are delighted that we have formalised our cooperation with REAS. The residential market in Poland has undergone significant development over the last few years and we have been asked by a number of our key clients across Europe to provide advice on the residential market. By teaming up with REAS we are now able to cover all sectors of the real estate market and continue to provide the high quality of service that our clients expect. This will be increasingly important in the major cities across Poland where mixed use projects incorporating a residential element are becoming more common."

Kazimierz Kirejczyk, President of REAS, said: The collaboration with Jones Lang LaSalle will enhance our ability to advise clients starting with their strategic decision to enter the Polish residential market, supporting them with our knowledge and expertise throughout all stages of the development process. Beyond comprehensive advisory services, we will now be able to assure our clients additional support in land acquisition and with the development of mixed use projects. While remaining an independent entity, REAS will benefit from increased market exposure, the exchange of knowledge, and greater opportunities for pan-European research resulting from teaming with a global organization."

Source: Jones Lang LaSalle

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