We wanted to inform you in advance of the acquisition of Bradford McCormack & Associates by Jones Lang LaSalle.
Global commercial real estate firm Jones Lang LaSalle (NYSE: JLL) today announced the formation of Jones Lang LaSalle South Africa following the acquisition of Bradford McCormack
& Associates (BMA). The acquisition will give Jones Lang LaSalle its first dedicated office in South Africa, although the firm is already present at several client facilities across the country.
This investment in a local property services company is extremely encouraging for our market as it demonstrates a renewed international commitment to the future of our domestic industry
and indeed our country.
Ours is an industry of dynamic competition, growth and innovation. Despite the fact that our companies compete within the market place, we remain grateful for the co-operation which we
are able to share and for the friendships which have developed over the years.
We trust that this announcement will serve to encourage all players in our sector and we look forward to our continued and mutually beneficial associations.