Delivering client outcomes by unifying similar
capabilities and putting best-in-class intelligence into action
CHICAGO, Sept. 24,
2024 /PRNewswire/ -- JLL today announced it will
bring together all building operation groups to address client
needs and the changing dynamics of the real estate
industry.
"In addition to the benefits of operating and reporting similar
service offerings together, we expect greater synergy and better
client value by aligning real estate management activities
globally," said Christian Ulbrich,
President and Chief Executive Officer of JLL. "This is a prime
example of our ongoing commitment to adapt to best serve our
clients' evolving needs."
Additionally, JLL plans to accelerate the build-out of its
digital leasing platform. "We're continuing to invest in our
industry-leading platform and technology to support our clients at
every stage of the leasing lifecycle, from transaction and lease
management to workplace and portfolio analytics," commented
Ulbrich.
As a result of these changes, effective January 1, 2025, JLL will report the Property
Management business under Neil
Murray, CEO of Work Dynamics. Going forward, the
Markets Advisory segment will become Leasing Advisory. The
composition of JLL's Global Executive Board is unchanged.
JLL is committed to a smooth transition process for its clients,
employees and partners.
About JLL
For over 200 years, JLL (NYSE: JLL), a
leading global commercial real estate and investment management
company, has helped clients buy, build, occupy, manage and invest
in a variety of commercial, industrial, hotel, residential and
retail properties. A Fortune 500® company with annual
revenue of $20.8 billion and
operations in over 80 countries around the world, our more than
110,000 employees bring the power of a global platform combined
with local expertise. Driven by our purpose to shape the future of
real estate for a better world, we help our clients, people and
communities SEE A BRIGHTER WAYSM. JLL is the brand name,
and a registered trademark, of Jones Lang LaSalle Incorporated. For
further information, visit ir.jll.com.
Contact: Jesse Tron
Phone: +1 212 376 1215
Email: jesse.tron@jll.com
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SOURCE JLL-IR