London residential sales open

Jones Lang LaSalle (JLL), the real estate investment and advisory firm, has announced the launch of a new business line named ‘London Residential Sales’, within Jones Lang LaSalle’s MENA Capital Markets Group.

In a media statement, JLL said this GCC-based department will offer easy access for regional buyers investing in residential properties across central London.

“There is an increasing trend of investment from the Middle East into the London residential market,” said Alan Robertson, CEO of Jones Lang LaSalle MENA.

“With its reputation as a safe haven for investors, London offers a stable, secure and transparent choice which is attractive to many regional investors. This was a clear business opportunity which led us to establish a dedicated department for the benefit of clients across the region,” Robertson said.

“JLL is now the most active selling agent for new residential properties in central London. Middle East investors are an important target market as we are currently marketing around 50 projects, with a collective value of around AED 900 billion,” he said

“The Middle East is a very important market for London properties and we are keen to further develop our cross-border businesses. With our global network, regional knowledge and market expertise, we will offer the best solutions for investors across the region,” added Wahi Mohsen, JLL’s recently appointed Head of London Residential Sales.