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JLL recognised in annual RICS Awards
JLL has been named the 'Retail Team of the Year' (for the sixth consecutive year) and 'Industrial Team of the Year' at the RICS Awards in Melbourne.
The annual awards of the Royal Institution of Chartered Surveyors (RICS), now in their sixth year, recognise the commercial property sector.
Head of Retail Investments – Australia, Simon Rooney said, "JLL is honoured to again be recognised as the 'Retail Team of the Year' for our significant transaction activity on behalf of our valued clients.
A key highlight, working on behalf of Lend Lease, was successfully negotiating the largest transaction in the Australian retail market for 2014 via a recapitalisation of the Lend Lease Real Estate Partners 3 Fund for 'equivalent asset pricing" in excess of $600 million.
The Portfolio included five major sub-regional shopping centres, located in NSW & WA.
"In 2014, JLL also revolutionised how investment and research content is shared with the market digitally. We introduced the JLL Capital Markets tablet app – a one-stop-shop and the only repository of its kind for retail investments, putting the expertise of our market-leading investment and research teams at the market's disposal – anywhere, anytime," said Mr Rooney.
Head of Industrial – Australia, Michael Fenton said, "JLL's Industrial team is honoured to be recognised by RICS and we value the continued support of our clients across Australia.
"Industrial markets made a comeback over 2014 and JLL has been involved in selling major industrial assets last year and this year, including Lakes Business Park in NSW for $153.5 million, the Kmart Distribution Centre in Melbourne for $94.1 million and the Braeside Distribution Centre in Melbourne for $36.6 million.
"JLL acknowledges the commitment of RICS to our industry by supporting these awards which showcase the commercial property industry," said Mr Fenton.
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