HSBC Assigns Jones Lang LaSalle Largest Outsourcing Contract for Real Estate Facility Management Services

 HSBC Assigns Jones Lang LaSalle Largest Outsourcing Contract for Real Estate
                         Facility Management Services

  PR Newswire

  CHICAGO, Jan. 23, 2013

- Largest global facility management outsourcing contract by a financial
services firm for 58 million-square-foot portfolio expected to drive
operational efficiency and consistency

CHICAGO, Jan. 23, 2013 /PRNewswire/ -- Jones Lang LaSalle (NYSE: JLL) today
announced that global bank HSBC has selected the firm as its sole global
outsourcing provider of integrated facility management services across its 58
million-square-foot real estate portfolio. This is the largest facility
management contract awarded to a single provider on a global basis by a
financial services firm.

The practice of outsourcing non-core real estate functions to dedicated
third-party experts has increased in recent years as service providers have
attempted to expand their abilities to deliver consistent services across
broader geographies and corporations have better understood the productivity
benefits of outsourcing. With its ability to deliver real estate services
across such a large and diverse global portfolio, Jones Lang LaSalle is on the
forefront of the global outsourcing trend. HSBC's pioneering decision to
outsource facility management services worldwide is designed to increase
operational efficiency and consistency across its 11,000-site portfolio
throughout North America, Latin America, Asia Pacific, Europe, Middle East and
Africa.

"Jones Lang LaSalle and HSBC are committed to introducing innovative solutions
that advance the performance of real estate as a driver of measurable business
improvements. Our global team is focused on improving the productivity of
HSBC's real estate through operational efficiency across its global
workplaces," said Colin Dyer, President and CEO, Jones Lang LaSalle.

Jones Lang LaSalle has been a real estate advisor to HSBC in North America
since 1998. The contract adds more than 42 million square feet of real estate
worldwide to Jones Lang LaSalle's responsibilities, and renews existing
facility management services in North America, China, Thailand, Mexico and
Panama. Jones Lang LaSalle also acts as one of HSBC's regional transaction
partners, serving its Asia Pacific, Latin America and Middle East-North Africa
regions.

To service this expanded program, Jones Lang LaSalle will implement its
leading technology platform that allows HSBC to manage, compare and benchmark
performance consistently across its global portfolio.

"As companies demand more consistency and control over their real estate
facilities, they increasingly look for a single provider that can deliver on a
global basis," said Jordi Martin, Managing Director of Integrated Facilities
Management at Jones Lang LaSalle. "Being entrusted by HSBC to manage its
facilities worldwide shows that this can be achieved and it is a reflection of
our continued investment in building a world-class global facility management
platform."

"As real estate is typically the third largest operating cost for companies,
our ability to deliver more efficient real estate operations will benefit
HSBC's overall productivity and business performance," said Bill Thummel,
Jones Lang LaSalle's Managing Director, Global Accounts. "Our model of mixing
a strategic management approach with extensive self-delivery and a commitment
to supporting HSBC's sustainability goals allows HSBC to better focus on its
core business."

"We will leverage our supply chain economies of scale to improve the
performance of more than 4,000 HSBC facilities in EMEA," said Magnus Akerberg,
Managing Director, Integrated Facilities Management, Europe Middle East &
Africa, Jones Lang LaSalle. "This contract will deliver consistency
throughout HSBC's locations in the Americas and around the globe."

Jones Lang LaSalle has formed an integrated global account team of experts led
by Bill Thummel, along with Global Managing Director Chris Kiernan and Global
Director of Operations Ian King, to serve the expanded global account
responsibilities for HSBC.

A leader in the real estate outsourcing field, Jones Lang LaSalle's Corporate
Solutions business helps corporations improve productivity in the cost,
efficiency and performance of their national, regional or global real estate
portfolios by creating outsourcing partnerships to manage and execute a range
of corporate real estate services. This service delivery capability helps
corporations improve business performance, particularly as companies turn to
the outsourcing of their real estate activity as a way to manage expenses and
enhance profitability.

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 billion of assets
under management. For further information, please visit
www.joneslanglasalle.com

For more news, videos and research resources on Jones Lang LaSalle, please
visit the firm's global media center Web page
http://www.joneslanglasalle.com/Pages/News.aspx .

Notes to editors: HSBC's 11,000-site portfolio includes 6,000 offices with the
remainder of sites comprising buildings such as ATM locations and residential
properties.

Website: http://www.joneslanglasalle.com
Contact: Margy Sweeney, +1-312-612-0343, Margy.Sweeney@am.jll.com; or Paige
Steers, +1-312-228-2797, Paige.Steers@am.jll.com
 
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