JLL has announced that Nestlé has selected the firm as its global real estate services provider. The assignment encompasses integrated leasing transaction management and strategic advisory services for Nestlé’s real estate portfolio, across office, industrial and retail properties in 130 countries.
Building on existing lease administration services that JLL provides for Nestlé, the agreement combines JLL’s Work Dynamics and Leasing Advisory capabilities in an integrated account structure to deliver seamless, flexible client service across regions and business lines. JLL will provide interconnected commercial real estate services through its Valuation and Risk Advisory, wider Portfolio Services, and technology division, JLL Technologies (JLLT).
JLL’s proprietary technology platform will provide Nestlé with enhanced intelligence to support decision-making across its global footprint. This includes JLL Azara, an AI-powered data analysis application designed to help business leaders interact with corporate real estate and facilities management data, and Horizon, JLL’s proprietary AI platform that combines public and non-public market intelligence to identify investment opportunities and deploy capital with confidence.
Susan Asprey Price, CEO, EMEA Work Dynamics & Global Head of Portfolio Services, said, “We are delighted to support an industry leader like Nestlé as they embrace this evolution, and we look forward to leveraging our integrated global platform to unlock potential for their business worldwide.”
Andy Poppink, CEO, Leasing Advisory, EMEA and APAC, said, “Clients are looking for tangible value from their real estate, whether through cost optimisation, enhanced flexibility or supply chain resilience. We are pleased to expand our relationship with Nestlé and leverage our deep market expertise, global platform and powerful analytics to help them achieve their goals across their diverse global portfolio.”
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