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2Q20 Market Summary

Leasing activity picked up with cost-saving as main type

Supply pressure led changes in landlord sentiment

Certain sectors remained resilient


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  • Guangdong Shentiancheng Law Firm:

    We are writing to appreciate the professional service by Jones Lang LaSalle. As the real estate service provider of Guangdong Shentiancheng Law Firm, Jones Lang LaSalle has successfully assisted our office to conclude a well-executed office relocation project. End-users have been very delighted with the new office. Throughout the project, Jones Lang LaSalle has demonstrated quick response to our requirements and prepared detailed and up-to-date market review-for us, which in turn helped us make well-informed final decision effectively. Jones Lang LaSalle has been a good coordinator and facilitator between landlord and us, which ensure our relocation project’s smooth execution.

  • China Mobile Games and Entertainment Group Limited:

    We really appreciate the professional service provided by Jones Lang LaSalle, as the exclusive real estate consultant.

    In the ever-changing market, we have tried to looking for more than half a year but did not solve the office location and relocation problems effectively. After your company (Jones Lang LaSalle) participated, through a deep understanding of the technology industry, then provided a professional guidance, clear and completed work steps, and the targeted solutions for us.

  • Shenzhen Ping An Real Estate Co., Ltd:

    Jones Lang LaSalle provided Shenzhen Ping An Real Estate Co., Ltd. a tenant representative service in a professional way. Jones Lang LaSalle prepared the most detail and update market information to us, which helped us to find out potential opportunities and work out an made-to-measure strategy, and to save our total cost. During past 9 months, Jones Lang LaSalle acted as a good coordinator and negotiator between landlord and us which ensured our relocation project goes successfully and contributed to smooth our decision-making process and execution.

  • IBK Global BankChinaCo., Ltd:

    Jones Lang LaSalle has quick response to our requirements and prepared detail and update market review to us, which helped us make final decision effectively. Jones Lang LaSalle helped us put in place a clear set of processed around decision-marking, approvals and execution. During the past few months, Jones Lang LaSalle acted as a good coordinator and negotiator between landlord and our company, which ensured our relocation project goes smoothly.

  • Michelle Liu-BJ

    Michelle has joined Jones Lang LaSalle since 2005 and she has been promoted as Head of TR since 2017. Michelle’s main responsibilities includes leading in major transactions, assisting head of Markets in TR team management while providing guidance to TR team members in other transactions.

    Served Clients: Efund, Canon, Bytedance, NTT, Westpac, Commonwealth of Australia, UOB, Samsung, Fang Da Partners, Merck , Marsh & Mercer, MSD, CSC, Gore, CA Technologies, Royal Bank of Canada, Natixis, Allen & Overy, Moody’s, Orrick Herrington & Sutcliffe LLP, Alstom, Banco Santander, KPMG, Sony Ericsson etc.

  • Nicole Pan-BJ

    Nicole Pan has extensive experience in tenant representation services and her role is to work closely with senior management of Tenant Representation, providing strategic-level real estate solutions and advices in the negotiations of the implementations process.

    Client Experience: Cisco, Volkswagen, Intel , Ericsson , Microsoft and etc.

  • Michael Zhang-BJ

    Michael has joined Jones Lang LaSalle in 2016, before that he worked in Cushman & Wakefield for over 8 years and half year in China Fortune Land Development. Michael is now leading a team consisting of 6 people delivering optimal real estate solutions for both MNC and local client. In addition, Michael also takes part in the overall management of the entire tenant representation team.

    Client Experience: Harvest Fund, Amazon, Blackstone, KKR, ING, Gilead, Metlife, CBA and etc.

  • Alex Zhu-BJ

    Responsible for providing the most professional and comprehensive consulting services for real estate developers in first- and second-tier cities. The business areas cover real estate pre-positioning, investment promotion, leasing consultancy, building renovation and economic measurement.

    Client Experience: Emperor Group, Everbright Group, Shougang Group and etc