Megaworld teams up with JLL to elevate office development standards


 

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Leading the partnership signing are (from left) Arnie Batac, chief operating officer, MREIT Inc.; Lourdes Gutierrez-Alfonso, president, Megaworld Corp.; Joey Radovan, country head, JLL Philippines; and Michael Glancy, JLL managing director for Thailand, Vietnam, Indonesia, and the Philippines.

Top township developer Megaworld Corp. has tapped global real estate services firm JLL to provide strategic advisory services on the latest international real estate standards for office developments.

In a disclosure to the Philippine Stock Exchange, Megaworld said the strategic partnership will cover research, consulting, and project development.

These services extend to areas such as office reinvention, reinvigoration, 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.

“Over the last 30 years in corporate real estate, this type of partnership has never been done before,” said JLL Philippines Country Head Joey Radovan.

He noted that, “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.”

Megaworld President Lourdes T. Gutierrez-Alfonso said, “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 added.

A Fortune 200 company with operations in more than 80 countries worldwide, JLL is acknowledged as a leading global commercial real estate and investment management company with unparalleled knowledge of real estate markets in the Asia-Pacific region.

Over the years, the company has helped various clients buy, build, occupy, manage, and invest in various commercial, industrial, hotel, residential, and retail properties.