Global Lighting Partnership to Lead Transformation in Corporate Real Estate
-- Industry leaders partner to deliver energy-efficient Philips
lighting solutions to Jones Lang LaSalle clients
-- Partnership provides platform to drive sustainable
transformation in energy use in global commercial real estate
SINGAPORE, Sept. 26, 2012 /CNW/ - Royal Philips Electronics (NYSE: PHG, AEX:
PHIA), the global leader in lighting and Jones Lang LaSalle, (NYSE:JLL), the
global financial and professional services firm specializing in real estate,
have entered into a partnership agreement to deliver energy-efficient lighting
and energy management solutions to all Jones Lang LaSalle clients.
This is the first time two leaders in the corporate real estate and lighting
industries are working together on this scale to change the way commercial and
industrial interiors are illuminated with LED and energy-efficient solutions.
The global agreement starts in Asia Pacific and will be scaled up to cover the
Americas, Europe, Middle East and Africa.
"Our partnership with Jones Lang LaSalle and our extensive portfolio in
lighting solutions will allow us to help drive the adoption of
energy-efficient and sustainable lighting solutions on a large scale in the
commercial real estate space," said Harjit Gill, Chief Executive Officer for
Philips in ASEAN & Pacific. "This partnership will further demonstrate our
capabilities to manage global lighting consultancy services to maximize value
for our customers."
Michael Raphael, Head of Supply Chain Management and Procurement for Jones
Lang LaSalle, said: "Jones Lang LaSalle is pleased to partner with Philips to
present a global lighting solution to companies worldwide. This agreement has
the potential to drive environmental change while meeting corporate
aspirations to move to LED and other low energy options. Our partnership with
Philips is an important step in helping our clients to identify opportunities
to lower energy usage, deliver more productive workspaces and, in some cases,
obtain carbon credits."
"The agreement can offer energy savings of up to USD 100million a year for
Jones Lang LaSalle clients in Asia Pacific, changing the way commercial and
industrial interiors are illuminated. In Asia Pacific alone, Jones Lang
LaSalle manages more than 70 million light points for over 150 corporate
clients. Given the global scale of the partnership, this has the potential to
drive significant energy savings as approximately 40 percent of electricity
consumption in buildings is related to lighting," said Raphael.
Both companies will also provide consultancy on energy management with
intelligent lighting solutions and controls with new and existing customers.
About Royal Philips Electronics
Royal Philips Electronics (NYSE: PHG, AEX: PHIA) is a diversified health and
well-being company, focused on improving people's lives through meaningful
innovation in the areas of Healthcare, Consumer Lifestyle and Lighting.
Headquartered in the Netherlands, Philips posted 2011 sales of EUR 22.6
billion and employs approximately 122,000 employees with sales and services in
more than 100 countries. The company is a leader in cardiac care, acute care
and home healthcare, energy efficient lighting solutions and new lighting
applications, as well as male shaving and grooming, home and portable
entertainment and oral healthcare. News from Philips is located at
About Jones Lang LaSalle
Jones 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 2011 global revenue of $3.6 billion, Jones
Lang LaSalle serves clients in 70 countries from more than 1,000 locations
worldwide, including 200 corporate offices. The firm is an industry leader
in property and corporate facility management services, with a portfolio of
approximately 2.1 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 $47.2 billion of assets
Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over
22,200 employees operating in 79 offices in 14 countries across the region.
The firm was named 'Best Property Consultancy' in nine Asia Pacific countries
at the International Property Awards Asia Pacific 2012, in association with
HSBC, and was highly commended in a further three countries. For further
information, please visit http://www.ap.joneslanglasalle.com or 200 East
Randolph Drive Chicago Illinois 60601| 22 Hanover Square London W1A 2BN| 9
Raffles Place #39-00 Republic Plaza Singapore 048619
Royal Philips Electronics Contact: Elvin Ong Phone: +65-9829-2055
Email:firstname.lastname@example.org Jones Lang LaSalle Contact: Zina Zhang Phone:
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-0- Sep/26/2012 07:27 GMT
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