|
In 1998, Citibank outsourced corporate property services in Mexico
to our firm. Today the relationship extends to Brazil, Colombia, Venezuela,
Panama and Puerto Rico, and we expect to add Argentina, Bolivia, Chile,
Uruguay, Paraguay and Peru: 700 properties and 7 million square feet in
all. We have been able eager, in fact to follow the bank
into each market, providing new capabilities, economies of scale and process
improvements. We enjoy a very positive relationship with Jones Lang LaSalle and
expect to expand it to all the Latin American and Caribbean countries
where we have a substantial real estate presence. In every country, Jones
Lang LaSalle is meeting or exceeding the commitments the firm has made
to us, both in resources and cost savings. We look forward to a long and
profitable partnership. |
|