IN BRIEF: RentGuarantor inks partnership with Jones Lang LaSalle

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RentGuarantor Holdings PLC - London-based provider of rent guarantee services in the UK private rental sector - Signs partnership agreement with Jones Lang LaSalle [JLL], a Chicago, Illinois-based professional services firm specialising in real estate and investment management. The agreement allows 12 JLL offices in London to offer tenants in JLL-managed properties the option of securing a professional guarantor through RentGuarantor. Paul Foy, RentGuarantor chief executive officer, says: ‘I am pleased to announce this new partnership for RentGuarantor. This collaboration is advantageous for both partners; it provides the opportunity for us to expand the reach of our service through an esteemed and well-known firm, whilst helping JLL to fulfil an aspect of their comprehensive tenancy management service that was previously missing - the option to secure an insurance-backed professional guarantor. We look forward to working with these selected JLL offices to enhance their offering to tenants.’

Current stock price: 28.62 pence each, up 6.0% on Friday afternoon in London

12-month change: down 18%

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