JLL Buys PDM International - Quick Facts

(RTTNews) - JLL (JLL) announced that it has acquired PDM International and this acquisition will enable JLL to deliver end-to-end, multi-disciplinary fit-out solutions across the region.

With the addition of PDM, JLL will be able to provide design and construct services in 19 cities, with the addition of Beijing, Shanghai, Bangkok, Kuala Lumpur and Seoul, and continue to provide project management in 27 cities across Asia Pacific.

JLL specified that PDM delivers innovative and creative design and construction solutions for office, retail, hospitality, residential and leisure real estate projects.

The acquisition is the latest example of JLL's disciplined acquisition strategy which, since the start of 2015, has seen JLL announce or close more than 40 margin-accretive transactions with a combined value of approximately $1.2 billion.

PDM co-founders Marcus Foley, Dennis Lim and their team into the JLL fold and are confident that they will help us to accelerate the growth of our Project and Development Services business across Asia Pacific. The company noted that Foley and Lim will report to Albert Ovidi, COO, Asia Pacific, JLL, as well as Martin.