Jones Lang to provide management services

Mumbai: Real estate management and services firm Jones Lang LaSalle is to provide transaction management services to British Petroleum's European, West Asia, African and Asian operations for a three-year term. The firm already provides British Petroleum with Transaction Management Services in the US.

In Asia, the contract extends to about 4.6 million sq ft, covering over 200 properties in 17 countries with a mix of office, industrial properties and land. Regional Real Estate Manager at British Petroleum, Mr Ricky Yang, said, 'It will enable us to operate with far greater consistency, introducing common approaches, global tools and simplified processes across all our projects.'