JLL announces new Malaysia organizational and partnership structure
YY Lau, chairperson of JLL Property Services (Malaysia) Sdn. Bhd. (JLLPS), has decided to retire from her 30-year real estate career. Concurrent with the retirement of Lau, JLL will enter a new strategic partnership with Appraisal Malaysia, a domestic real estate firm with more than 50 years of valuations, consultancy, and advisory-services expertise.
Lau led the firm’s Malaysia business since 2014 in a country head capacity with managerial oversight for all of JLL’s activities in the key market. Her retirement will become effective Dec. 31.
For JLL Property Services, Lau and her team have advised clients on more than MYR3 billion ($644 million) in commercial real estate investment transactions. She was also responsible for leading over 12 million square feet of commercial property leasing transactions across the office, retail, and logistics and industrial sectors with her team in Malaysia.
“Malaysia’s standing as one of Asia Pacific’s most dynamic re