Jones Lang LaSalle has moved into Finland.
The world’s second largest global property services firm has opened an office in Helsinki and joined forces with a local team which has been operating under the GVA Finland name. The 13-strong team is headed by Tapani Piri, who will report to the Nordic region CEO Charlotte Strömberg.
‘We already have a strong business in Sweden and we view Finland as the logical next step of the growth of our business in the Nordics,’ said Alastair Hughes, JLL’s CEO for Europe, the Middle East and Africa. ‘This follows our recent openings in the Middle East, Romania and Turkey as we respond to the ever increasing internationalisation of our business.’
JLL said the Finnish property market was becoming increasingly attractive. Last year, transaction levels increased in all Nordic markets, and Finland was no exception. ‘The outlook is positive, with domestic and international investors alike looking for investment opportunities in the region,’ the firm said. ‘Both the Finnish and Swedish real estate markets are characterised by high levels of transparency and liquidity, as well as attractive growth prospects.’