JLL Expands Reach in Sweden, Australia
ByJLL Sweden’s Daniel Gorosch (at right) with AGL CEO Linus Ericsson.
STOCKHOLM—JLL on Tuesday announced a pair of international acquisitions, expanding its capital markets business in Sweden with the purchase of AGL and its valuations business in Australia by acquiring Propell National Valuers, reportedly that nation’s largest privately owned and integrated national valuation firm. Terms were not disclosed for either deal.
Founded in 1994, AGL has advised more than 200 clients on strategic and operational real estate financing including debt management, treasury management, debt advisory, risk management and derivatives. The addition of AGL, which is subject to regulatory approval, follows up the 2014 acquisition of investment advisory firm Tenzing…