Ads by Google

Retail investment resurgence

Nov 10, 2009 (The Age - ABIX via COMTEX) -- By Philip Hopkins

Company: Jones Lang LaSalle, Inc. (JLL)

Data from Jones Lang LaSalle (JLL) show that some $A304.6m worth of retail properties changed hands in Melbourne in the September 2009 quarter. Sales for the first nine months of the calendar year totalled about $A453m, compared with just $A311m in 2008. Leigh Warner of JLL says the trend for property trusts to undertake recapitalisations has contributed to the upturn in sales.

Publication Date: 11 November 2009 

JONES LANG LASALLE AUSTRALIA PTY LTD
GPT GROUP - ASX GPT
HIGHPOINT SHOPPING CENTRES PTY LTD
MARIBYRNONG HOMEMAKER CITY
DAVID JONES LIMITED - ASX DJS
NORTHLAND SHOPPING CENTRE
MELBOURNE CONVENTION CENTRE
HOMEMAKER CENTRE

Copyright (C) 2009 ABIX. All rights reserved

News Provided by COMTEX

Company: Jones Lang LaSalle, Inc. (JLL)


Related terms: australia, investment, property, retail, sales

Related Articles

Jones Lang LaSalle Named Supplier of the Year by Procter & Gamble for Second Consecutive Year -
Nov 17, 2009
Jones Lang LaSalle Named Supplier of the Year by Procter...Gamble for Second Consecutive Year Jones Lang LaSalle Incorporated (NYSE: JLL), the...consecutive year of distinction for Jones Lang LaSalle as a recipient of Supplier of the...

U.S. Investors' Short-Term Outlook Improves
Nov 19, 2009
...YORK, November 19, 2009 – Jones Lang LaSalle Hotels today released its...managing director and CEO for Jones Lang LaSalle Hotels. This improvement...Fisher, managing director for Jones Lang LaSalle Hotels. Leveraged IRR...

Jones Lang LaSalle Named Supplier of the Year by Procter & Gamble...
Nov 17, 2009
...Markets Closed. prnewswire Jones Lang LaSalle Named Supplier of the Year... Press Release Source: Jones Lang LaSalle On 3:36 pm EST, Tuesday... Print Companies: Jones Lang Lasalle Inc. CINCINNATI, Nov...

Jones Lang LaSalle come up with a decent result
Oct 28, 2009
...Gazette editor Peter Bill Jones Lang LaSalle come up with a decent result...No TrackBacks If only Jones Lang LaSalle had not bought Staubach last...months of 2009. Tags: Jones Lang LaSalle No TrackBacks TrackBack...