Megaworld Corp. said it has tapped property consultant JLL to help improve its various property development plans.
Under the arrangement, JLL will provide strategic advisory services on the latest international real estate standards to Megaworld, covering research, consulting and project development.
These services extend to areas such as office reinvention, reinvigoration and reimagination; innovations; project and building management; new property technology solutions, property assessment and certifications; as well as building safety, security and resilience in accordance with global standards, among others, the company said in a statement.
“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,” said Lourdes Gutierrez-Alfonso, Megaworld president.
“We are exploring new opportunities to introduce innovative ideas and solutions across our developments,” she added.
A Fortune 200 company with operations in more than 80 countries worldwide, JLL is a leading global commercial real estate and investment management company with expertise on the Asia-Pacific real estate markets.
JLL helps clients buy, build, occupy, manage and invest in various commercial, industrial, hotel, residential and retail properties.
“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 Joey Radovan, JLL Philippines country head.