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Real estate consulting firm recognised by Frost & Sullivan in annual awards programme
JLL has been named Facilities Management Company of the Year at Frost & Sullivan's Asia Pacific Excellence Awards. The real estate firm was singled out for its leadership position in the industry, consistent revenue growth, and its success in renewing and winning new contracts.
Susheel Koul, Managing Director, Integrated Facilities Management, Asia Pacific, JLL, says: "This is an incredibly gratifying win for us. As a company we've put a huge amount of effort into making our facilities management offering the best in the market. We pride ourselves on working with our clients to truly understand their needs and deliver a superior workplace experience for their employees. The way we achieve this is by having the best people and the best technology. This award is testament to the strength of our team and the continued faith our clients place in our platform and capabilities."
Held annually in Singapore, the awards progra mme recognizes best-in-class companies in Asia Pacific. Contenders are judged on a number of criteria, including financial performance, strategy, addressing unmet needs and implementation of best practices.
According to Frost & Sullivan, JLL's achievement is the result of the company's in-depth understanding and ability to map out effective strategies for each country's market. Also highlighted was JLL's strong brand recognition among end-users, which is attributed to its superior processes and broad experience in serving clients in similar sectors on a global scale.
JLL is the largest integrated facilities manager in Asia Pacific with nearly 390 million square feet of facilities under management and over 12,000 employees across 16 markets serving global and regional clients in multiple sectors including financial services, technology, education, and consumer goods. Over the past two years, the company has made a number of acquisitions to bolster the services it provides to corporate occupiers.
In May 2015, JLL acquired Five D, Australia's largest privately owned corporate real estate firm, scaling its business up to 107 million square feet of property and facilities under management across Australia, for over 11,000 sites. In December 2015 it acquired Corrigo, a cloud-based facility management solution designed to improve productivity, increase transparency and provide advanced business analytics for clients.
JLL has also invested heavily in data and analytics through its new platform RED, which brings together a client's real estate analytics with other classes of business data, enabling companies to make smart, better informed decisions about their real estate needs.
About the Frost & Sullivan Excellence Awards
The Frost & Sullivan Excellence Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
Founded in 1961, Frost & Sullivan has more than 40 global offices with more than 1,800 industry consultants, market research analysts, technology analysts and economists, monitoring close to 250,000 companies in 300 industries.
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