Real estate investment and advisory firm JLL has announced Christian Ulbrich will replace Colin Dyer as Chief Executive Officer from October 1.
Dyer led the company since 2004, overseeing a fivefold growth in revenue to $6bn – through organic growth, over 80 strategic acquisitions across the globe, and the addition of more than 100 offices and 30 new countries to its geographic footprint.
He will continue to guide the companys data, information and analytics priorities until he retires from JLL at the end of this year, remaining on the Board and serving as an adviser through 2017, JLL said in a statement.
Working closely with Christian since he joined JLL, I know first-hand his deep understanding of global real estate dynamics and ability to lead across wide and diverse geographies, said Dyer. With his guidance and our strong management team, JLL will continue to grow and prosper.
Ulbrich will report to the Board of Directors, on which he serves as an executive member, and he will also chair the companys Global Executive Board on which he has served for eight years.