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JLL Acquires French Retail Real Estate Consultant Veronique Nocquet

LONDON, UNITED KINGDOM and PARIS, FRANCE -- (Marketwired) -- 04/06/16 -- JLL has acquired French retail real estate consultant Véronique Nocquet. The eponymous firm, founded and managed by Véronique Nocquet, has supported both national and international retailers by providing tailored real estate services in retail in Paris and across the regions in France for the past 20 years.

Charles Boudet, Managing Director of JLL France, commented: "This acquisition further strengthens our retail business line and supports our growth targets for the French retail market. It also helps us deliver on our promise of a complete range of services to both retailers and investors. We can now draw on all of the key skills required to help clients face their real estate challenges."

Véronique Nocquet, Managing Director of Véronique Nocquet, added: "I am delighted to join JLL as I believe that their ambitions and values are a good fit with my own. This move was a logical next step for my team and me and will allow us to generate greater synergies as part of a major group."

JLL's retail team in France now includes more than 20 professionals working across the full range of services including valuation, advisory, fit-out and transactions to meet the requirements of its retailer and investor clients, which include the development and rationalization of distribution networks; lease transfers; fit-out and maintenance; supply chain solutions; asset sales and acquisitions as well as the marketing of projects in city centres, shopping centres and retail parks.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

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Contact:
Emily Hodson
Phone: +44 (0) 207 087 5481
Email: Emily.Hodson@eu.jll.com

Sara Murshed
Phone: +44 (0) 207 852 4430
Email: Sara.Murshed@eu.jll.com

Source: JLL


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