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News Release

Moscow - London

Michael Lange announces his departure from Jones Lang LaSalle Russia & CIS


Moscow - London, 11th February 2009 – Michael Lange, Chairman of Jones Lang LaSalle Russia & CIS, has announced his intention to leave the firm after 15 years to develop his own business interests and pursue other aspirations.  Michael will leave towards the end of Q1 this year.
 
Colin Dyer, Jones Lang LaSalle’s global CEO, said: “Michael has made a visionary contribution to the long-term development of our business in Russia and the CIS.  Jones Lang LaSalle is today the undisputed market leader in Russia, with a full service offer across these vast territories and a string of industry awards.” 
 
Christian Ulbrich, Jones Lang LaSalle's CEO for EMEA added: “Working with current Managing Director Mark Jagger, Michael has developed a presence in major cities outside Moscow and St. Petersburg and in other CIS countries, opening offices in Ukraine and Kazakhstan.  Many within Jones Lang LaSalle globally will miss the force of personality, humour, enthusiasm and business acumen that Michael has brought us over the years. We hope to have the opportunity to work with him again in a different capacity at some point in the future. We thank him for all he has done and wish him every success for the future.”
 
Michael co-founded his own real estate company in Moscow in 1994 and in 1997 sold the business to then Jones Lang Wootton, staying on as Managing Director for Russia.  In 2006, Michael's appetite to refocus his time on client work saw him move into the role of Chairman, with Mark Jagger taking on the role of Managing Director.
 
 
 
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specialising in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.3 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $46 billion of assets under management. For further information, please visit our Web site,  http://www.joneslanglasalle.ru
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg, Kiev and Almaty. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007 and 2008 at the Commercial Real Estate Awards (Russia).