Jones Lang LaSalle has announced it is to expand in the Nordic region by opening a new office in Helsinki, Finland and join forces with an experienced local team, who have to date been operating under the GVA Finland brand name.
Alastair Hughes, Jones Lang LaSalle's CEO, EMEA, said, "We already have a strong business in Sweden and we view Finland as the logical next step of the growth of our business in the Nordics. Having a presence in the market and working with a strong established local team, we can now provide improved services to owners, investors and tenants who want to do business in the Nordic real estate market. This follows our recent openings in the Middle East, Romania and Turkey as we respond to the ever increasing internationalisation of our business."
The Finnish real estate market is becoming increasingly attractive, and Jones Lang LaSalle forecasts that investment activities will remain strong. Last year, transaction levels increased in all Nordic markets, and Finland was no exception. The outlook is positive, with domestic and international investors alike looking for investment opportunities in the Region. Both the Finnish and Swedish real estate markets are characterised by high levels of transparency and liquidity, as well as attractive growth prospects.
"This is an important step to increase our services in a key local market at a time when international investment is increasing. The highly experienced 13-person team, led by Tapani Piri, brings together a wealth of experience. The team will improve the quality of the transaction services, office leasing and valuation for our local and international clients," says Charlotte Strömberg, CEO Jones Lang LaSalle Nordic region.
She continued: "This is an exciting and challenging opportunity for us. With both firms' market-leading knowledge of local and international real estate, this is a great opportunity to serve local and international clients, both on the investor and corporate side. We provide an exclusive global service platform to Finnish property investors, giving them access to both new markets and business," says Tapani Piri, CEO Jones Lang LaSalle Finland.
Jones Lang LaSalle combines its strong international presence with local strength in order to continue developing its service offerings for clients, including the introduction of new services such as corporate solutions in the Finnish market.
Source: Jones Lang LaSalle