Drug giant taps Jones Lang LaSalle for RE services.

Jones Lang LaSalle announced it has been selected by pharmaceutical leader Schering-Plough Corporation of Kenilworth, N.J., to deliver a broad range of real estate services to office, R&D and manufacturing facilities.

The assignment encompasses all acquisition and disposition activity for Schering-Plough's owned and leased space in the Americas, Europe and Asia Pacific regions. Schering-Plough selected Jones Lang LaSalle after a comprehensive and competitive selection process that included major corporate real estate services firms.

"We are extremely excited to broaden our relationship with Schering-Plough," said Walter Blyzniuk, Senior Vice President at Jones Lang LaSalle.

Tom Reilly, Executive Vice President in Jones Lang LaSalle's New Jersey office, has been named the Global Customer Relationship Manager (CRM) for the Schering-Plough account.

"The opportunity to provide a comprehensive range of real estate services in every country where Schering-Plough has operations is very exciting for us," said Reilly. "I'm confident that we'll be able to add strategic value in managing this large portfolio of assets."

Jones Lang LaSalle, the only real estate money management and services firm named to Forbes magazine's Platinum 400, has more than 100 offices worldwide and operates in more than 430 cities in 50 countries.

With 2005 revenues of approximately $1.4 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients.

Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of 923 million square feet worldwide.