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JLL named number one investment advisor in Asia Pacific, sees India as major destination for global capital

JLL named number one investment advisor in Asia Pacific, sees India as major destination for global capital
  • Data compiled by Real Capital Analytics ranks firms based on total transaction volumes
  • Reinforces JLL’s access to global capital and its depth of expertise across Asia Pacific. 

Mumbai, 21 March 2020 – JLL (NYSE: JLL) has been named the number one investment advisor in Asia Pacific for 2019 by Real Capital Analytics (RCA), an independent body that monitors real estate transaction volumes worldwide. For the full year 2019, JLL closed $27.6 billion in investment deals, achieving approximately 30% market share, and led the region in terms of complex transactions, with over $13.1 billion in cross-border deals.

“JLL takes prides in being named the number one investment advisor in Asia Pacific and we share this award with all of our clients. Over the next decade, India’s commercial real estate sector will become more established as a global investment class in the eyes of investors owing to supportive demographics and business-friendly reforms,” said Ramesh Nair, CEO, JLL India.

RCA also named JLL as the number one investment advisor in Asia Pacific for the Office, Hotels and Multi-Family sectors in 2019, as measured by transaction volumes.

India continues to become a more attractive destination for global capital and will continue draw investors due to favorable demographics and supportive policies. According to JLL estimates, investment in India’s commercial real estate market expanded more than fivefold in the decade ending 2019, hitting US$5.5 billion in 2019, with more than US$36 billion invested in the past 10 years. Delhi NCR, Mumbai, and Bengaluru have been the primary recipients of investments. The three metropolises combined for two-thirds of real estate investments over the past decade.

JLL expects investors will look to a more diverse locations when deploying capital into India’s commercial real estate market from 2020 onwards. According to JLL’s City Momentum Index 2020, which identifies the world’s most dynamic cities from a real estate perspective, is led by two Indian cities: Hyderabad and Bengaluru. Another five Indian cities make the Top 20 – Chennai (5th), Delhi (6th), Pune (12th), Kolkata (16th), and Mumbai (20th).

“2019 was a record-breaking year in Asia Pacific for commercial real estate as investors deployed capital more strategically and diversified into different asset classes. As the Asia Pacific market further matures, clients clearly want to work with us more and will require a broader suite of advisory services to meet their future investment needs. As a regional business, we’re all extremely proud of the partnership we share with our clients every day and to be recognized again as the leading investment advisor in Asia Pacific,” said Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.

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