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JLL buys German shopping centre expert

Jones Lang LaSalle (JLL) has strengthened its German retail operations with the acquisition of SCC Shopping Centre Consulting Dusseldorf.

The deal will see JLL (Frankfurt) buying 100% of SCC’s shares from the firm’s managing director Peter Fuhrmann and merging the two practices’ operations. SCC specialises in planning shopping centres and regeneration of existing centres.

Fuhrmann will stay on as a consultant to JLL’s German retail business. SCC co-director Helga Schemligk replaces him as managing director. “The resulting synergies of the merger promise incredible success”, Schemligk said.

The firm will also look to recruit extra staff, she added.

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