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Dyer to lead session on retrofit finance and investment at World Economic Forum Annual Meeting
Commercial real estate impact on economic recoveryThe effects commercial real estate has had on the general global economic recovery are now becoming clear. While the current trends in the commercial real estate sector are encouraging growth signs, many risks still remain on the road to global economic recovery in 2011. Dyer cites concern for the ongoing and serious challenges represented by the massive trade imbalances in place today and the government deficits around the world.“Consider, for example, how Germany and China show huge surpluses while the United States is running massive deficits. These trade imbalances continue to cause pressure across the global economy. While real concerns linger, the performance of commercial real estate is looking better than last year and we expect the long-term trends we noted to become even more pronounced as the year unfolds,” concluded Dyer. Dyer is sharing his viewpoints at the World Economic Forum in direct meetings with many Jones Lang LaSalle clients, as well as during his public appearances. Dyer is a panelist in “The Unrecoverable Error: How to Avoid It” session in Davos on Thursday, January 27 from 14:30 – 15:30 at the Congress Centre and is chair of the “Banking on Retrofit Finance” session on Friday, January 28 from 15:15 – 16:45 at the Hotel Victoria. He served as chair of the Forum’s real estate industry committee in 2010.Dyer and Jones Lang LaSalle EMEA CEO Christian Ulbrich will author the “Notes from Davos” blog where they will share their reflections and insights from the conference. Interested parties can tune in here: www.joneslanglasalle.com/davosAbout Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing 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 2009 global revenue of $2.5 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 1.6 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 approximately $40 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.