JLL announces new head of Cost Management and Capital Allowances

JLL has announced that Steve Smith has been appointed as head of Cost Management and Capital Allowances in London.

November 05, 2018

Steve will lead a specialist and market-leading Cost Management and Capital Allowances team with more than 300 years of combined experience. The JLL Cost Management and Capital Allowances team enables a wide range of investor and corporate clients to manage financial risk, control costs and support business planning and growth through a combination of expertise, research and market intelligence. The team has delivered high-profile schemes across a wide variety of industries, ranging from residential and education to hotels and life sciences, managing projects in the last five years totaling over £4.5 billion in capital expenditure. 

In his previous capacity, Steve led JLL’s Capital Allowances Advisory business for three years. With over twenty-five years’ experience in providing advice to property investors, he has delivered insight on a wide variety of projects and properties including property acquisitions, refurbishments, fit-outs and new build developments ranging in value from £0.5 million to £350 million. He has worked on numerous high-profile commissions including One Canada Square, Alpha Tower Birmingham and the AUB student accommodation portfolio.

Helen Gough, lead director, Project and Development Services, UK commented “Steve is a strong and highly respected leader who has a great track record in growing a team and delivering market-leading advice to our clients. His collaborative style across the team and wider JLL business will contribute to the continued growth in our Cost Management and PDS business in London as well as other UK regional teams.”

Steve Smith, head of Cost Management and Capital Allowances, commented “I’m looking forward to continuing to work with the talented Cost Management and Capital Allowances team here at JLL, helping them to develop their roles and enhance the team capability. I’m also excited about furthering the great work undertaken in building the team as we continue to grow our cost management and capital allowances offering within the Project & Development Services business.”

Steve Smith, head of Cost Management and Capital Allowances