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News Release

London-Moscow

Jones Lang LaSalle Appointed New Head of Hotels and Hospitality Russia & CIS

David Jenkins Joined from Cushman & Wakefield


London-Moscow, 04 March 2013 – Jones Lang LaSalle has confirmed that David Jenkins joined the firm as Head of Hotels & Hospitality, Russia & CIS. David joined Jones Lang LaSalle from Cushman & Wakefield Russia where for the last three years he has led their Hospitality department.

David Jenkins has outstanding experience with almost 25 years spent in the hospitality and hotel industry with a particular focus on Russia. Starting his Moscow career in hotel operations with Starwood, he moved to Interstate Hotels & Resorts in 1997. During his almost 10-year tenure he has occupied a variety of positions in the three Moscow Marriott hotels, culminating in a three-year role as Director of Operations for the Marriott Aurora Hotel. In 2006 he moved into hospitality consulting, helping to establish the Horwath HTL Moscow office as its country director. In 2008 David joined DTZ to open the company’s Russian Hospitality office, subsequently leaving in May 2010 to set up the hospitality practice at Cushman & Wakefield Russia.

At Jones Lang LaSalle, David is managing the Hotels & Hospitality Group for Russia & CIS, leading its ongoing consulting and investment projects and securing new and exciting mandates. The hotel real estate services of Jones Lang LaSalle include feasibility studies, resort development, valuations, asset management and operator search, as well as investment sales and debt financing.

Christoph Härle, CEO Continental Europe, Hotels & Hospitality Group, Jones Lang LaSalle, commented: “David brings to the role a wealth of sector experience and we are delighted that David will join the Hotels & Hospitality group. As a recognized authority in the hospitality business it reaffirms our position as the leading hotel real estate advisor and further bolsters one of our key markets. I am very confident that with David, his team and our platform, we will continue to expand our market-leading position in hotel real estate services in Russia & CIS.”


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


About Hotels & Hospitality Group
Jones Lang LaSalle’s Hotels & Hospitality Group serves as the hospitality industry’s global leader in real estate services for luxury, upscale, select service and budget hotels; timeshare and fractional ownership properties; convention centres; mixed-use developments and other hospitality properties. The firm’s more than 265 dedicated hotel and hospitality experts partner with investors and owner/operators around the globe to support and shape investment strategies that deliver maximum value throughout the entire lifecycle of an asset. In the last five years, the team completed more transactions than any other hotels and hospitality real estate advisor in the world totalling nearly US$25 billion, while also completing approximately 4,000 advisory, valuation and asset management assignments. The group’s hotels and hospitality specialists provide independent and expert advice to clients, backed by industry-leading research.
For more news, videos and research from Jones Lang LaSalle’s Hotels & Hospitality Group, please visit: www.jll.com/hospitality or download the Hotels & Hospitality Group’s app from the App Store