Jones Lang LaSalle Ltd.

04/29/2024 | Press release | Distributed by Public on 04/29/2024 06:21

JLL secures top spot in EG’s annual Radius Leaderboard for Q1 office transactions in Central London and South West

JLL's agency team has demonstrated its market-leading position for the second year running by claiming the number one spot in EG's annual radius regional leaderboards for office transactions across London and in the South West region during the first quarter of 2024.

A particularly strong performance in the City of London contributed to JLL securing the number one spot for Greater London (with an impressive 477,040 sq ft of office space transacted in the City in Q1 2024). Additionally, JLL achieved a strong outcome in the South West, having transacted 54,895 sq ft of space in the region, representing a 45% market share.

James Finnis, JLL's Head of UK Agency, Lease Advisory & Rating said, "Securing the number one on EG's leadership board for our strong performance across London and the South West is testament to the commitment of our teams setting the pace and paving the way for a promising year ahead."

Jeremy Attfield, Head of City at JLL, said: "The City team enjoyed an impressive Q1 2024 - accounting for two of the three largest transactions across Central London. With 3.7m sq ft under offer at the start of Q2, there is continued momentum as occupiers focus on offices to reposition their brand and energise their staff."

Chris Valentine, Head of Central London Office Agency at JLL added, "Our consistent presence within the top of the EG Radius leaderboards is a reflection of JLL's strong market knowledge, extensive network, and unwavering commitment to our clients. Demand for new space remains strong and Q2 has already seen some significant transactions completed, such as Citadel at 2 Finsbury Avenue, and we expect to see further deals complete as the quarter progresses."

Ian Wills, Head of South West Office Agency at JLL, commented, "We are pleased to claim a top spot in EG's regional leaderboard for the first quarter of 2024. JLL's consistent success in driving positive outcomes in the competitive market is a great reflection of our hardworking teams. We are particularly pleased with our exceptional results in the South West, which further underpins our stronghold in the region."

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.