Global property advisor Jones Lang LaSalle (JLL) is laying off 50 staff across the Russia & CIS region. In a statement on Thursday, the company said that the layoffs affect mainly junior and support positions and form part of a wider strategic cost-reduction exercise in view of the current economic outlook.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
