JLL Terminates $2 Billion in Management Contracts with Brunei-Owned Group

Global real estate firm Jones Lang LaSalle (JLL) took a firm and unequivocal stand in defense of human rights last week, when it severed ties with the Brunei-owned Dorchester Collection of hotels against the backdrop of the tiny monarchy’s decision to punish homosexuals by stoning them to death. The size of the contract is estimated at $2.2 billion, reported Bloomberg.

The portfolio comprises nine hotels around the world that are owned by the Brunei Investment Authority, including the five-star Dorchester in London as well as 45 Park Lane in London and the Beverly Hills Hotel and Hotel Bel-Air in Los Angeles.