Chicago, IL March 8, 2010 – UGL Equis announced today that they have represented The Commonwealth of Australia in the renewal of its Permanent Mission to the United Nations and Consulate-General in New York at 150 E. 42nd Street. The 15 year extension for 46,476 square-feet secures their long term presence in the Grand Central Submarket.

The Commonwealth currently occupies the entire 33rd and 34th floors. Financial terms were not disclosed.

UGL Equis’ Daniel Nack led the engagement team, Gregg Espach lead negotiations and Chris Wood provided executive oversight in representing the tenant. Edward Goldman, Scott Gottlieb and Rocco Laginestra of CB Richard Ellis represented the landlord of 150 E. 42nd Street, Hiro Real Estate.

“This well-situated location, convenient to the United Nations and the midtown area suits The Commonwealth’s requirements,” said Daniel Nack.” This opportunity comes at a signal moment in today’s real estate market to reduce occupancy costs and secure the long-term presence of the Mission and Consulate.”

“UGL Equis’ seamless platform provided the foundation for mobilizing a transaction team led by our Chicago office in collaboration with top talent in our New York office,” said David Montross, Chief Executive.

About UGL Equis Corporation
UGL Equis is a corporate real estate firm that focuses exclusively on the business space user. The company has more than 42,000 affiliated employees in 14 countries around the world through its parent company UGL. Chicago-based UGL Equis provides comprehensive real estate solutions through portfolio strategy and management, transaction advisory, corporate finance, project services, workplace integration, data management, facility management, development management and audit and recovery services for national and global companies with office, industrial and retail opportunities throughout the United States, Mexico, Asia Pacific, Europe and the Middle East. UGL Equis and its sister company UGL Unicco, are subsidiaries of UGL Limited (ASX: UGL). For additional information, please visit www.ugl-equis.com.

For further information, please contact:

Daniel Nack – UGL Equis: 312.424.8148 or Daniel.Nack@ugl-equis.com
Richard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com