[LETTERHEAD OF LOYENS & LOEFF]



To:



Each of the Parties Listed

on Schedule I attached hereto





                      JONES LANG LASALLE FINANCE B.V.

                              EUR 165,000,000

                            NOTE EXCHANGE OFFER





Privileged

Amsterdam, November 24, 2000





Ladies and Gentlemen:



We, the undersigned, have acted as special counsel on certain matters of

Dutch law to Jones Lang LaSalle Finance B.V., a private company with

limited liability incorporated under Dutch law with its official seat in

Amsterdam, the Netherlands (the "Issuer") in connection with the exchange

of the Original Notes by the Issuer for the Notes pursuant to an exchange

offer (the "EXCHANGE OFFER") as contemplated by the documents listed in

Schedule II hereto (the "Documents").



Capitalized terms used herein, which are not otherwise defined herein,

shall have the respective meanings as set forth in the Documents, unless

the context requires otherwise. Headings are used in this opinion for ease

of reference only and shall not affect the interpretation hereof.



In this opinion:



"Original Notes" means the EUR 165,000,000 9% Senior Notes due 2007

unconditionally and irrevocably guaranteed by Jones Lang LaSalle

Incorporated and certain subsidiaries of Jones Lang LaSalle Incorporated as

issued by the Issuer on July 26, 2000.



"Notes" means the EUR 165,000,000 9% Senior Notes due 2007 unconditionally

and irrevocably guaranteed by Jones Lang LaSalle Incorporated and certain

subsidiaries of Jones Lang LaSalle Incorporated to be exchanged by the

Issuer pursuant to the Exchange Offer.





In rendering this opinion, we have examined and relied upon the Documents

and upon the following documents:



(1)  a faxed copy of the final offering memorandum, dated July 19, 2000,

     with respect to the issuance of the Original Notes (the "Final

     Memorandum");



(2)  a faxed copy of the preliminary prospectus as included in the

     Registration Statement with respect to the Exchange Offer, filed with

     the Securities and Exchange Commission on October 17, 2000 (file No.

     333-48074), as amended by Amendment No. 1 thereto (the "Prospectus");



(3)  copies of the Original Notes dated July 26, 2000, signed by the Issuer

     and The Bank of New York as trustee;



(4)  faxed draft copies of the forms of the global Notes;



(5)  a faxed copy of an excerpt dated July 18, 2000 of the registration of

     the Issuer in the trade register (the "Trade Register") of the Chamber

     of Commerce of Amsterdam, the Netherlands, (confirmed by telephone to

     be correct as of the date hereof) (the "Excerpt");



(6)  a copy of the Deed of Incorporation including the articles of

     association (statuten) of the Issuer as, according to the Excerpt,

     deposited with the Trade Register as being in force on the date hereof

     (the "Articles"); and



(7)  a faxed copy of a resolution of the board of managing directors

     (directie) of the Issuer, dated July 17, 2000 (the "Resolution").





For the purpose of the opinions expressed herein, we have assumed:

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