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JLL takes plunge into derivatives

Posted on 16 March 2011

From Zacks.com: LaSalle Investment Management Inc., the property-fund unit of Jones Lang LaSalle Incorporated — a leading real estate investment trust (REIT), has recently decided to launch a property derivative business in a concerted effort to revitalize the beleaguered sector.
The company will partner with BGC Partners, Inc. (BGCP - Snapshot Report), one of the world’s leading inter-dealer brokers, to set up the business for its clients for the first time………………………………………..Full Article: Source


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