Global Lighting Partnership to Lead Transformation in Corporate Real Estate

Global Lighting Partnership to Lead Transformation in Corporate Real Estate PR Newswire SINGAPORE, September 26, 2012 SINGAPORE, September 26, 2012 /PRNewswire/ -- Industry leaders partner to deliver energy-efficient Philips lighting solutions to Jones Lang LaSalle clients Partnership provides platform to drive sustainable transformation in energy use in global commercial real estate markets Royal Philips Electronics (NYSE: PHG, AEX: PHIA), the global leader in lighting and Jones Lang LaSalle, (NYSE:JLL), the global financial and professional services firm specializing in real estate, have entered into a partnership agreement to deliver energy-efficient lighting and energy management solutions to all Jones Lang LaSalle clients. This is the first time two leaders in the corporate real estate and lighting industries are working together on this scale to change the way commercial and industrial interiors are illuminated with LED and energy-efficient solutions. The global agreement starts in Asia Pacific and will be scaled up to cover the Americas, Europe, Middle East and Africa. "Our partnership with Jones Lang LaSalle and our extensive portfolio in lighting solutions will allow us to help drive the adoption of energy-efficient and sustainable lighting solutions on a large scale in the commercial real estate space," said Harjit Gill, Chief Executive Officer for Philips in ASEAN & Pacific.