SINGAPORE - JLL is launching RED, corporate real estate's first open and scalable data analytics platform to help businesses uncover insights and reach new levels of productivity in workplaces across Asia and around the world.
As Asia continues to drive global economic growth, multinational and local companies are rapidly expanding their footprint in the region. This means their corporate real estate portfolios are becoming bigger, adding to operational expenses.
RED is a cutting-edge approach that enables businesses to make smarter decisions about real estate, whether they are dealing with post-merger consolidations, regional expansion plans, or making other critical choices.
"We wanted to offer the only industry platform that advances the science of real estate without requiring our clients to make major new technology investments or lengthy enterprise resource planning (ERP) implementation," says Jordi Martin, JLL CEO of Corporate Solutions, Asia Pacific.
"As companies expand in Asia, we want to make it easier for our clients to make business-critical decisions based on real data, rather than gut feel."
The RED platform is designed to integrate corporate real estate data with sales, workforce, financial, economic and other data to offer a holistic view of a corporation's business and macroeconomic environment. Its design enables a company to integrate data from almost any source and rapidly visualise the results on dashboards, offering greater visibility and insights to improve operational efficiency.
The technology is tailored specifically for each client and it allows executives to access real-time data in the field on their mobile devices, not just desktop computers.
RED offers a full spectrum of tools to uncover areas for improved productivity with customisable dashboards and detailed analytical models. RED can help with real estate and business decisions such as:
- Planning post-merger consolidations;
- Creating cost-benefit analyses for different expansion scenarios, such as relocation versus renovation or expansion. This predictive capability is informed not only by real estate data, but also by labour costs and availability, quality-of-life factors, employee preferences and more;
- Viewing energy usage trends across portfolios;
- Analysing lease terms and expiration timetables across multiple markets; and
- Determining which corporate locations are more productive than others.
For a look at RED's capabilities, click here. http://www.jll.com/services/corporates/red/video
About JLL Corporate Solutions
A leader in real estate outsourcing, JLL's Corporate Solutions business helps corporations and public institutions improve productivity in the cost, efficiency and performance of their national, regional or global real estate portfolios by creating outsourcing partnerships to manage and execute a range of corporate real estate services. This service delivery capability helps corporations improve business performance, particularly as companies turn to the outsourcing of their real estate activity as a way to manage expenses and enhance profitability.
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 $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 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.
JLL has over 50 years of experience in Asia Pacific, with over 30,000 employees operating in 80 offices in 16 countries across the region. The firm was named 'Best Property Consultancy' in seven Asia Pacific countries at the International Property Awards Asia Pacific 2014, and won nine Asia Pacific awards in the Euromoney Real Estate Awards 2013. www.jll.com/asiapacific
Phone: +65 6494 3572
Email: [email protected]