JLL announces leadership update in Finland

HELSINKI, December 18, 2019 – JLL has today announced that Tero Lehtonen has been appointed as CEO of JLL Finland to succeed Christian Hohenthal who will leave in January 2020 to join Sponda plc as CEO. Sponda is majority owned by real estate funds managed by Blackstone.

Having joined JLL in 2006, Mr. Lehtonen has made major contributions to build-up and position JLL’s valuation and advisory services offering which is now recognised as the market leader in Finland. He has served in a range of increasingly senior positions, including Head of Finnish Valuation & Advisory, before being appointed as Chief Operating Officer of the Finnish business in 2019.

As the newly appointed CEO of JLL Finland, Lehtonen will assume overall leadership responsibility for JLL’s strategic development and continued growth of the business.  

Matthew Richards, EMEA Board sponsor for the Nordics and CEO Capital Markets, EMEA said: “I congratulate Christian on this exciting next step in his career and am delighted to name Tero as our new CEO in Finland. As a highly valued and driven member of the team, and with more than 20 years’ real estate experience, plus deep knowledge of our business, our people, and our clients in Finland he is perfectly positioned to take our business from strength-to-strength.”

Christian has been a highly respected member of the team for many years. His contributions to the growth, evolution and resilience of our business in Finland are recognised and applauded. We thank him for his leadership and professionalism, and wish him every success in his new role.”

Tero Lehtonen, currently Chief Operating Officer, JLL Finland said: “With capital allocations to real estate increasing, untapped opportunities in corporate outsourcing, and the continued growth and evolution of cities, the opportunities to work more closely with our clients are set to grow and deepen. I’m thrilled to step up as CEO to lead our brilliant team in Finland as we continue to focus on helping our clients to make the best decisions about their real estate interests.”

Christian Hohenthal, currently CEO of JLL Finland, commented: “I’m grateful for having had the opportunity to serve JLL in both Stockholm and Helsinki for the past 14 years. It has been an honour to lead the Finnish Capital Markets business since 2011 and most recently the entire JLL Finnish business into a market leading position. I wish JLL continued success in the future.”

JLL Finland offers Capital Markets, Valuations, Advisory, Leasing and Project & Development Services to domestic clients and international investors in, and occupiers of, real estate in Finland.

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.