JLL has been appointed by the Western Australia and federal governments to manage two property portfolios, including 19 office buildings totalling 90,000 sqm.
The 45 properties portfolio covers more than 140,000 sqm throughout WA metropolitan and regional centres and on Cocos Island and Christmas Island.
The WA government portfolio includes 19 multi-tenanted office buildings covering more than 90,000 sqm.
JLL was also reappointed to manage the Commonwealth government owned Indian Ocean Territories portfolio, comprising 26 properties including 12 on Cocos Island and 14 on Christmas Island, totalling more than 50,000 sqm. The portfolio includes a diverse range of property types including commercial office buildings, a law court and other special purpose properties, public interest properties, heritage buildings, and vacant land.
JLL’s WA managing director John Williams said JLL has been managing the Indian Ocean Territories portfolio on behalf of the government for the past nine years.
“Our reappointment further strengthens JLL’s proven expertise in providing property services to the Government.
“We are delighted to be taking up the management of the Department of Finance, Building Management and Works portfolio across Western Australian. This portfolio spans over 90,000 sqm, from locations of Kununurra in the north to Esperance in the south,” he added.
JLL’s WA head of property and asset management David Watson said it was a full team contribution that led to these two major appointments.
“In this case, our engineering & operations solutions (EOS) team contributed to JLL being awarded these contracts. Our EOS team is very highly regarded and has a great track record with our clients for their management and coordination of capital works and maintenance programs for the portfolios we manage,” Watson said.
Both appointments are for an initial term of three years, commencing 1 January 2015.
Property Review