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News Release

Moscow

Tim Millard joins Jones Lang LaSalle, Russia & CIS


Moscow, 27 February 2013 – Jones Lang LaSalle is strengthening the Advisory business with the new strategic appointment. Tim Millard – ex-Managing Partner of Cushman & Wakefield, Russia & CIS - joins the company as Regional Director, Head of Advisory Group.

Tim has been working in real estate market in Russia since 2003. In Cushman & Wakefield, Russia & CIS, he set up the company’s Valuation and Development Consultancy business lines and ran the team for five years. In 2006 Tim was named C&W Global Valuation Manager of the Year. As of 2009 he acted as Chief Operating Officer in C&W Moscow Office, then - from 2010 till 2012 - as Managing Partner for Russia and CIS. Prior to joining Jones Lang LaSalle, Tim was Managing Director of Senator MC – a leading player in the St Petersburg office realty market.

Tim is an associate Member of the Royal Institution of Chartered Surveyors and a founding member of RICS Russia. He has a degree in Land Economics from Fitzwilliam College, Cambridge University. In 2001-2002 he took MBA at Business School Lausanne specializing in Corporate Finance.
In his new role at Jones Lang LaSalle Tim will lead Strategic Consulting, Valuations and Hotels & Hospitality Group.

Charles Boudet, Managing Director of Jones Lang LaSalle, Russia & CIS, commented: “We are very pleased to announce the creation of a new strategically important role in Jones Lang LaSalle. The Head of Advisory Group role is vital and critically important for us in the real estate sector which sees a substantial amount of cross-functional business generated out of advising our clients at a very early stage of their development and investment value chain. It is a unique opportunity for Jones Lang LaSalle to have a person of this professional stature joining us to lead this new division. As always our constant leadership and professional ethics allows us to remain ahead in this very competitive market and attract the best talents.”


About Jones Lang LaSalle
Jones Lang LaSalle (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. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management.
In Russia and CIS, Jones Lang LaSalle has offices in Moscow, St. Petersburg, Kiev and Almaty. Jones Lang LaSalle Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010, 2011 and 2012 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg. For further information, please visit www.jll.ru