NEW YORK, NY, June 28, 2010 – UGL Equis New York office announced the completion of a successful leasing transaction on behalf of Reval.com, Inc. Founded in 1999, Reval is a global leader in derivative risk management and hedge accounting solutions. The firm was originally headquartered at 100 Broadway in Downtown Manhattan, but will be making the move to the Grand Central submarket where it will occupy 29,406 square feet of space on the fifth floor at 420 Fifth Avenue, a 28-story, Class A, 546,750 square foot building and one of the area’s premiere commercial addresses.

In 2009, Reval recognized a need for increased space after a two-year period of consistent and rapid company expansion. With the exact direction relative to size and geography unknown, and a rigid time constraint in mind, Reval sought to secure an advisory team that would take advantage of the downturn in commercial rents with minimal cash outlay for their project.

Reval engaged the UGL Equis, led by transaction managers Dirk Hrobsky, Senior Vice President; Peter Trivelas, Vice President; Gary Ceder, Senior Associate; David Burton, Associate Vice President; and Senior Project Manager Andrew Sansom represented Reval in the transaction. From the beginning, the team aggressively evaluated all potential expansion and relocation scenarios while simultaneously working to keep the often overwhelming costs of such a project in check. The UGL Equis full-service approach to align transaction advisory with project management enabled the team to better appraise various market opportunities while fulfilling the requirements of the tenant.

The team’s efforts culminated with the signing of a six-year sublease with Macquarie Holdings USA, Inc. (represented by Robert Tanzmann of Cushman & Wakefield) of built-out space at 420 Fifth Avenue. In addition to securing an appropriately sized space at a price substantially below market rate, UGL Equis also negotiated terms that included furniture, fixtures, and equipment at no extra cost to Reval. For Reval, the favorable concession package amounted to a zero capital expenditure relocation from downtown to midtown, an outcome that would not have been likely without the services and market expertise of UGL Equis.

Reval will take possession as of July 1. Final terms of the lease agreement were not divulged.

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 Limited. 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:

Dirk Hrobsky – UGL Equis: 212.328.4203 or Dirk.Hrobsky@ugl-equis.com
Peter Trivelas – UGL Equis: 212.328.4205 or Peter.Trivelas@ugl-equis.com
Richard Lindberg – UGL Equis: 312.424.8172 or Richard.lindberg@ugl-equis.com