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Jones Lang LaSalle helps Lycee franco-japonais de Tokyo in the relocation of its international school in Japan

JAPAN, OCTOBER 28th, 2010 — Jones Lang LaSalle’s Japan Capital Markets team, together with Jones Lang LaSalle France has advised the French Government on the relocation of Lycée franco-japonais de Tokyo, the French international school in Tokyo, Japan.
Lycée franco-japonais de Tokyo undertook the move in order to consolidate its operation from two locations to one. The current kindergarten and elementary school located at Fujimi, Chiyoda wad and the junior high and high school at Asakusabashi, Taito ward accommodates over 1,000 students from French, Japanese and other nationalities at their school in Tokyo.
The Lycee will relocate to an existing high school property in Ikebukuro which was purchased from Tokyo Metropolitan Government. The new location will undergo refurbishment and it is hoped that the work will be completed, ready for the move in spring 2012.
Jones Lang LaSalle carried out extensive marketing of the old school site at Fujimi which was subsequently sold to a local real estate developer. The 2,400 square meter site will be redeveloped for residential use.
Akihiko Mizuno, head of Japan Capital Markets said “This is Jones Lang LaSalle’s first transaction with a foreign government in Japan and the success of this deal was only possible with the combined efforts of our global teams. So far we have helped the French Foreign Government with transactional, valuation and strategic consulting services in Germany, Morocco, Spain and Greece and we are delighted to now be of service here in Japan.”
The Lycée franco-japonais de Tokyo is a French international school belonging to a network of more than 430 establishments globally catering to over 250,000 students in 135 countries worldwide. It is operated by the Agence pour l’enseignement français à l’étranger (AEFE), part of the Ministry for Foreign and European Affairs. 

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Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. Our in-depth local market and global investor knowledge delivers the best-in-class solutions for our clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In the last three years, Jones Lang LaSalle Capital Markets completed more than $143 billion transactions globally. Our Capital Markets team comprises over 700 specialists, operating in 180 major markets worldwide.