Breakthrough: Global Commercial Real Estate Leader JLL Selects 1Partner Advisory as Official Partner in Baltic States

1Partner Advisory became the official partner of JLL (Jones Lang LaSalle Inc.), one of the world's top three commercial real estate firms, in Estonia, Latvia, and Lithuania.

"The JLL Alliance Partner status alone gives commercial real estate professionals significant added weight. In terms of substance, we can now offer our clients considerably broader international reach through our services, consulting experience, and extensive investor network," said Mihkel Pärtel, managing partner of 1Partner Advisory, but noted that such recognition alone doesn't guarantee success and hard work remains necessary for every transaction.

"The first serious contacts between 1Partner Advisory and JLL were more than a dozen years ago, but official partner status is of course a very big step forward. I am confident that our cooperation will bring investors with international reach to the Baltic countries in the coming years and will also open new investment opportunities for Estonian capital," said Tanel Tarum, one of the founders of 1Partner Real Estate Group, and added that in addition to daily operations, 1Partner Advisory is expanding its team and developing new services today.

Jones Lang LaSalle Inc. (JLL) is a global major company whose primary business is commercial real estate transaction consulting and investment management. It is a New York Stock Exchange listed company and a member of the prestigious Fortune 500 list, with revenues of approximately 20 billion euros in 2021. JLL's headquarters is located in Chicago, United States, and it has branch offices in more than 80 countries. JLL employs approximately 100,000 people in total.

1Partner Advisory is a company belonging to 1Partner Real Estate Group that provides commercial real estate investment consulting in the Baltics. Among other things, the company's services include transaction consulting, asset management, property valuation, strategic consulting, and representation of owners or tenants.

1Partner is the leading real estate group in the Baltic countries, with offices in Tallinn, Tartu, Riga, and Vilnius. The 1Partner group provides real estate brokerage, valuation, construction, development, management, and investment management services.