The Crown Estate appoints JLL as managing agent to its central London portfolio
The Crown Estate, one of the largest landowners in London’s West End, has appointed JLL as managing agent to its central London portfolio
The Crown Estate, one of the largest landowners in London’s West End, has appointed JLL as managing agent to its central London portfolio, following a competitive tender process.
The mandate, which includes property and facilities management services, encompasses all commercial and residential properties across The Crown Estate’s central London holdings, including all of Regent Street and around half of St James’s, totalling c.10m sq ft.
Commenting on the appointment James Cooksey, director of central London, said: “I am very excited about JLL’s appointment which is an important next step in continuing to enhance the experience of our customers across London’s West End. We believe that working closely in partnership with a single managing agent will enable us to better collaborate and drive efficiencies to improve quality, consistency and encourage innovation.”
Director of property & asset management at JLL, Mike Jones, added: “As one of the biggest landowners in London’s West End, we are proud to be working with The Crown Estate across this world-class destination. This is a fantastic opportunity to create a market-leading service offer, with our shared values of innovation and delivering excellent customer service at its core.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of nearly 92,000 as of June 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.