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JLL appoints new Managing Director in Russia & CIS

JLL has appointed Anders Liljenstolpe as Managing Director of its Russia & CIS business, effective December 3, 2018. He will succeed Tom Devonshire-Griffin, who will join JLL’s International Capital Markets team.

Liljenstolpe is a real estate professional with over 12 years of experience in the Russian market, having worked across different locations including Moscow, Saint Petersburg and Kazan. He joins from Finnish real estate investment and development company SRV, where he was the Country Manager for Russia. Previously, he was the Regional Director at IKEA’s Shopping Centres in Russia where he oversaw the company’s real estate strategy focusing on growth and development. Prior to starting his career in real estate, Liljenstolpe served in the Swedish Army for 15 years. He also holds an MBA from Barcelona-based IESE Business School.

Though he will take on a new challenge, Devonshire-Griffin will continue to work with JLL as Executive Chairman of Russia & CIS until April 2019 during the period of leadership transition. Then he will join the International Capital Markets team in London as a part of the International Capital Coverage Group. In his new role, he will work closely with private equity investors identifying new investment opportunities globally.

Tom Devonshire-Griffin said: “Russia has a strong and attractive real estate market which offers great opportunities to our clients locally and internationally. I am incredibly proud and thankful to have spent over a decade with JLL’s team on the ground, working closely with our regional teams across Europe, Middle East and Africa. During my period here, I have seen our business and expertise grow, evolve and adapt to our clients’ changing needs, always ensuring top class delivery and advisory. I am committed to ensuring a smooth transition and I am also confident that our market position and expertise will be further strengthened under Anders’ leadership.”

Guy Grainger, CEO, EMEA, JLL, commented: “We are grateful to Tom for his invaluable contribution to our business and we believe that he will be a great addition to JLL’s International Capital Markets team. And with Anders we have a great new member of the JLL family. His broad local experience on the developer and investor sides as well as global expertise will support the sustainable growth of our business and take it forward.”