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The emergence of India's real estate market was underlined when Jones Lang LaSalle recently hosted its Global Board of Directors and Global Executive Committee in Mumbai. This is a first in 220 years for the global real estate services and money management firm.
"The country is on the radar of many corporations looking at investing or expanding their businesses in Asia and the economic and business outlook is positive. We are excited by the opportunities that lie ahead for our business, employees and clients in India," said Colin Dyer, President and CEO, Jones Lang LaSalle Inc.
The Board Meeting lasted three days in Mumbai and was attended by six board directors and senior leaders of the Global Executive Committee, which demonstrates and emphasizes the importance of India to the global business.
Dyer added, "These investments and our strategic acquisitions across the world are contributing to the firm's positive results."
In June 2007 the merger of Jones Lang LaSalle and Trammel Crow Meghraj formed Jones Lang LaSalle Meghraj in a move aimed at capitalising on the increasing demand for a broad scope of real estate services within the Indian real estate market. RFP
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