DTZ Expands its South India Operations: Inaugurates a Full Services Office in Chennai

CHENNAI, July 17, 2013 /PRNewswire/ --

DTZ announced today that it is continuing to expand its full service real estate operations in India by investing in the upcoming hub of real estate in the south of the country, Chennai. The announcement came with the inauguration of a new client service office in the city. This office will be a part of DTZ's Southern operations and will also serve the peripheral markets of Kochi and Coimbatore.

Anshul Jain, Chief Executive, DTZ - India said, "The south of India has always been an important market for DTZ and this move has been necessitated by an increasing client demand for the firm to strengthen its presence in one of the country's major real estate hubs. Chennai ranks amongst the top 5 cities of India in terms of GDP, and has a fair mix of service and manufacturing boasting marquee names in automotive and telecom along with the biggest names in IT and BFSI. This makes Chennai a crucial market for DTZ. We now expect to be better equipped to increase our client service offerings for existing and prospective clients in the region."

Chennai office will be a full services office and will offer the entire spectrum of DTZ services namely occupier services - transactions, investor services, capital markets, land advisory, private investments, valuation, consulting, project management consultancy/ EPC (Fitout) and base builds.

DTZ's investment in Chennai is expected to strengthen its existing position throughout the Southern part of the country. V.S Sridhar, Director and City Head will lead the operations with an overarching leadership support from Karun Varma, who has joined as Head of Strategic Client Services & New Businesses.

Chennai Office Address:

Prestige Palladium | 3rd Floor | No. 129-140, Greams Road | Thousand Lights Off Anna Salai | Chennai - 600006 | India

About DTZ:

DTZ, a UGL company, is a global leader in property services. We provide occupiers and investors around the world with industry leading, end-to-end property solutions comprised of leasing agency and brokerage, integrated property and facilities management, capital markets, investment and asset management, valuation, building consultancy and project management. In addition, our award winning research and consulting services provide our clients with global and local market knowledge, forecasting and trend analysis to make the best long-term decisions for their continuous success far into the future. DTZ has 47,000 employees including sub-contractors, operating across 208 offices in 52 countries. For further information, visit: www.dtz.com

About UGL Limited ABN 85 009 180 287

UGL Limited (ASX: UGL) is a global leader in outsourced engineering, property services and asset management and maintenance delivering essential services that sustain and enhance the environment in which we live. UGL comprises three business units including engineering, operations & maintenance and property providing services across the power, water, rail, resources, transport, communications, defence and property sectors. Headquartered in Sydney, Australia, UGL operates worldwide across 52 countries employing over 56,000 people.

For more information, visit: www.ugllimited.com

Primary Media Contact: Ruchika Rana, [email protected], 91-124-459 7517

Secondary Media Contact: Suhas Tadas, [email protected]