The Firm Has Been Appointed to Provide Data and Lease Administration Services for Mexico, Portugal and Spain as Well as Transaction Management Services for Asia, Europe, Middle East and Africa
MADRID, SPAIN -- (Marketwired) -- JLL (NYSE: JLL), the financial and professional services firm that specializes in commercial real estate services, has been appointed by Spain's highly respected and leading financial institution BBVA, to provide integrated real estate services.
Under this multi-year contract, JLL will provide BBVA with data and lease administration services in Mexico, Portugal and Spain. JLL will additionally provide transaction management services across the EMEA and Asia-Pacific regions for the bank's portfolio.
"Financial institutions are seeking innovative real estate strategies, while working hard to ensure that their real estate footprint matches the needs of their customers," said Vincent Lottefier, Global Director & CEO, Corporate Solutions JLL EMEA. "We are confident our work with BBVA will provide an excellent environment for their staff to deliver the highest standard of financial solutions to their customers."
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.