Real estate firm JLL was named the number one investment advisory firm in Asia-Pacific for the fifth year in a row during 2015 based on total value of sales completed.
According to Real Capital Analytics (RCA), an independent body that monitors real estate transaction volumes worldwide, JLL advised on investment deals worth US$ 16.6 billion during 2015, which amounts to a 27.8 percent market share in Asia-Pacific. The firm has been ranked first place since RCA began releasing data in 2011.
The firm also took the top spot in the hotel sector for the fifth year in a row, with a total of US$ 2.9 billion in hotel sales in 2015, representing a 57 percent market share in the region.
“Last year was a stellar year for real estate investment in Asia-Pacific, thanks to continuing demand from investors wanting to buy into the growth story in the region,” said Stuart Crow, Head of Asia Pacific Capital Markets, JLL.
“We are delighted to have achieved top ranking with RCA for five consecutive years, which shows the strength of our platform to serve investors in Asia-Pacific. We look forward to continuing to deliver exceptional value to our clients in 2016.”
Scott Hetherington, CEO Asia, JLL Hotels & Hospitality, added: “Our hotels business in Asia-Pacific has been growing to meet demand for investment advisory services, as the region’s hospitality sector continues to mature and develop. For us, 2015 was a year of high-profile transactions and a number of blockbuster sales.
“This number one ranking with RCA is testament to the hard work of our teams in making these deals happen.”