Pakistan, July 25 -- The Jones Lang LaSalle (JLL), a leading global real estate services firm, acting as Financial Advisor for privatisation of Roosevelt Hotel, has formally conveyed its decision to resign from the assignment owing to the emergence of a potential conflict of interest. According to press release issued by Privatization Commission, in its correspondence here Thursday, JLL has offered to return all amounts received from commission during the course of its engagement. JLL was appointed in January 2024 through a competitive process to advise the government of Pakistan on the potential transaction of the Roosevelt Hotel. During its engagement, JLL conducted comprehensive due diligence on the property, providing detailed reports...