Megaworld Corp. and global real estate services firm JLL formed a strategic partnership aimed at enhancing the property firm’s real estate projects by providing strategic advisory services on international standards.
The collaboration will see JLL offering services in research, consulting, and project development, covering areas such as office reinvention, innovation, building management, property technology solutions, property assessment and certifications and ensuring building safety, security and resilience in line with global standards, Megaworld said in a disclosure to the stock exchange Monday.
“Over the last 30 years in corporate real estate, this type of partnership has never been done before. We offer a new set of services related to technology, sustainability, and health and wellness, all aimed at further boosting the global standards of real estate products, especially for a publicly-listed real estate developer like Megaworld. We are excited about this partnership and we are looking forward to the next several years to deliver outstanding outcomes with Megaworld,” said JLL Philippines country head Joey Radovan.
Megaworld president Lourdes Gutierrez-Alfonso said the partnership with JLL would enable the company to introduce new services and solutions to its communities.
“JLL has been a trusted partner for so many years, and we are excited to embark on this new chapter together. With JLL’s in-depth local and international real estate expertise, we can continue shaping an exciting future for Philippine real estate. We are exploring new opportunities to introduce innovative ideas and solutions across our developments,” she said.