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Toronto, May 10, 2017- In a bid to expand its Capital Markets business in the Prairie provinces of Canada, JLL today announced the appointment of Peter Zorbas to lead the firm's Capital Markets platform in the region. Zorbas joins the team as an Executive Vice President and will be based out of JLL's Calgary office. Zorbas will be responsible for broadening the firm's service offerings including origination and execution of investment transactions in Alberta, Saskatchewan and Manitoba.
Prior to joining JLL, Zorbas was a partner at Brookfield Financial and has also worked for a leading Commercial Real Estate brokerage firm. With over 14 years experience in Commercial Real Estate, Zorbas has worked on many of the largest institutional real estate transactions in the Country.
"Peter is a professional with stellar performance. His experience with institutional investors will no doubt help us to gain market share and provide an immediate value to our clients in Western Canada" said Matt Picken, Managing Director and National Lead of JLL's Capital Markets Canadian business line. "We will continue to improve our capabilities and grow our business by recruiting excellent professionals such as Peter".
Zorbas has the mandate to grow and manage JLL's Capital Markets practice in the Prairie region, while also collaborating with other Capital Markets professionals across the Country. He joins an already robust Capital Markets service offering, which includes, advisory, appraisal services and retail investment sales expertise.
"As we continue to build our Capital Markets platform, having Peter on our team helps us to drive growth and elevate our positioning as a leading provider of real estate investment services." said Brett Miller, CEO, JLL Canada. "The prairie region has been through a downturn but is already presenting some exciting investment opportunities and will continue to grow in 2017 and beyond".
Zorbas holds an MBA (Finance) from the University of Calgary's Haskayne School of Business and a Bachelor of Science degree (Bio-medical Physics). He is the current President of the Calgary NAIOP chapter and sits on the board of Calgary's Economic Development Real Estate Committee. Zorbas also holds a CCIM designation and is the President of Calgary Street Soccer.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2016 alone, JLL Capital Markets completed $145 billion in investment sale and debt and equity transactions globally. The firm's Capital Markets team comprises more than 2,000 specialists, operating all over the globe.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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