Real estate and investment management services provider Jones Lang Lasalle Inc. on Thursday announced its foray into South Africa with the acquisition of corporate property service provider, Bradford McCormack & Associates for an undisclosed amount.
Bradford McCormack’s client base includes ABSA Bank (Barclays), Nestle, the Johannesburg Stock Exchange, Miele SA and a number of South African government departments.
Mark Bradford, Managing Director of Bradford McCormack now becomes Managing Director of Jones Lang LaSalle South Africa.
Chicago, Illinois-headquartered Jones Lang LaSalle expects important synergies rapidly developing between the new Johannesburg office and its clients in China and India.
JLL is currently trading at $99.74, up $0.85 or 0.86%, on the NYSE.
