Jones Lang LaSalle has recruited Paul Richards as a Director and Head of Research for European Capital Markets and Corporate Finance. Paul was previously Head of Indirect Investment at Cushman & Wakefield Healey & Baker where he established and led the specialist team constructing and executing global indirect investment strategies for both UK and Continental investors. Paul was one of the two named advisers to the Danish Real Estate Club, a consortium of five Danish investors investing across Europe.
Nigel Roberts, Head of European Research at Jones Lang LaSalle commented: "Research and strategic advice is a key component of the European Capital Markets offer and our European Capital Markets team is the clear market leader with an unrivalled brand, reputation, geographical and sector coverage. Paul will be an excellent addition, bringing with him a wealth of experience in pan-European indirect investment strategies."
Commenting on the European investment market, he added: "2004 was a record year Jones Lang LaSalle European Capital Markets with transaction volumes of $22 billion (17.6 billion). Investment markets in 2005 continue to be very strong, with investors seeking access to real estate via direct and increasingly via indirect routes."
Source: Jones Lang LaSalle