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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.

  • Alex Barnes

    Alex Barnes  

    Executive Director & Head of Markets, Hong Kong

    Alex leads the Hong Kong Markets team providing strategic office leasing advice to JLL clients – multinational, local corporates and developers alike.

    Alex began his career in Australia, moving to JLL Hong Kong in 2005.

    During his time in Hong Kong, Alex has developed extensive experience within the Banking and Legal sectors and has negotiated some of Hong Kong’s highest profile transactions.

  • Chelsea Lin

    Chelsea Lin  

    Director, Hong Kong Markets

    Chelsea is currently a Director of Markets team in Hong Kong.

    With close to 15 years commercial real estate experience, Chelsea has wide range of working experience in Hong Kong, Guangzhou and Shanghai. The major client sectors include PRC Banking Corporations, security firms and investment banks, financial institutions, HK Listing PRC companies and various scales of mainland Chinese corporates in HK, to provide strategic advice to PRC client’s office use, from the setting up to well-operating, and even localized and strategically development.

  • Emily Wang

    Emily Wang

    Senior Manager, Office Leasing Advisory

    Emily Wang is mainly responsible for providing various strategic office leasing advice and services on commercial real estate for Chinese corporations in Hong Kong. The major client sectors contain Chinese Banking Corporations, securities firms and investment banks, HK Listing Chinese companies and the clients include Huarong International, China Minsheng Bank, Orient Securities, Zhongtai International, Huatai Securities, Shengjing Bank, Caiyun International, Guosen Securities, HNA Group, China Reinsurance, China Power Investment, State Grid, etc.