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Project Sales and Leasing

JLL optimizes your assets and delivers the highest returns

JLL’s sales and leasing agents are known for being the most creative and knowledgeable in the industry, having represented landlords and their landmark properties in more than 1,000 markets in 80 countries. We’ll help you meet your financial goals by taking a proactive approach to positioning your property, securing tenants or buyers and maximizing the return.

We have access to a worldwide network of colleagues who are specialists in every aspect of commercial real estate. To address rapidly changing demand for office, industrial, retail and residential space, we arm ourselves with research, local market data and trend information. When we represent your property, we’ll develop a marketing strategy that leverages multiple channels, new technologies and proven best practices to attract high-quality tenants or buyers.

Project Leasing

Earning successful returns on leased property means more than filling space. It begins with a firm grasp of what kind of space the most desirable tenants want and what they will pay for it. JLL project leasing team can execute a project leasing strategy for you that will entice the best tenants at the best lease terms and ensure you retain them for lasting value.

Project Sales​

Given the opportunity to represent your property, JLL project sales team will connect with local analysts and other brokers in the marketplace to develop a marketing plan that leverages multiple platforms, appropriate technologies and best practices to drive buyer interest. We help our landlord clients develop most accurate property positioning and customized comprehensive marketing strategy to ensure most suitable buyers and maximization of returns in the sales cycle.


To know more about JLL China Project Sales and Leasing capability, please submit your inquiry via “Contact us” at the right navigation.


News and research

 

 

JLL Supports Cainiao Network and China Life’s Launch of RMB 8.5 Billion Logistics Warehousing Fund /china/en-gb/news/615/cainiao-network-partnered-with-china-lifeJLL Supports Cainiao Network and China Life’s Launch of RMB 8.5 Billion Logistics Warehousing Fund <p>​​​​Cainiao Network Technology recently partnered with China Life (www.chinalife.com.cn) to set up a logistics warehousing fund with a scale of RMB 8.5 billion. The venture is Cainiao's first logistics warehousing fund as well as the first RMB-denominated fund in China's logistics market. <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services/property-types/industrial-and-logistics" target="_blank">JLL's Logistics team</a> worked alongside <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services/investors-and-developers/appraisal-and-advisory" target="_blank">JLL's Corporate Appraisal and Advisory team</a> to provide reliable market analysis and asset assessment services for Cainiao and China Life in co-launching China's first RMB logistics property fund.</p><p>Cainiao Network Technology Co., Ltd. was jointly founded on May 28, 2013 by Alibaba and Intime together with Fosun, Forchn, STO Express, YTO Express, ZTO Express, and Yunda Express. The company is dedicated to promoting upgrade of the logistics industry, building commercial infrastructure, and providing consumers and merchants with platform-based, data-enhanced intelligent services.<strong></strong></p><p>With its in-depth understanding of China's logistics real estate market and abundant knowledge of leasing and investing for logistics assets,<strong> JLL's East China Logistics Team</strong> was appointed by Cainiao to conduct a targeted market analysis for their China-wide logistics warehouse portfolio. The logistics team's services included research on regional market history, future supply forecast, key demand drivers, as well as rental analysis and forecasting. The team also conducted a forward-looking investigation of the e-commerce logistics parks established by Cainiao.</p><p> <strong>JLL's Asia Pacific Corporate Appraisal and Advisory team</strong> also participated in this project and offered professional asset valuation advice. The team performed stock and asset valuations for the target companies across the country, providing a strong value reference for the establishment of the fund.</p><p> <strong>Richard Huang, JLL's Head for East China Logistics Team</strong> said that while there may be differences in financing and operating models, the focus remains on logistics real estate and its ability to achieve stable, low-risk rental yields. Cainiao's model is unique, and the <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services/property-types/industrial-and-logistics" target="_blank">logistics warehousing</a> fund's creation represents a continuation of the company's strategy as an integrated logistics platform. It also has introduced more partners in the financial and capital markets and permitted the cooperative development of "smart logistics."</p><p>According to <strong>Tony Yang, JLL's Local Director of Corporate Appraisal and Advisory China</strong>, his team leveraged its extensive valuation experience and data in the warehouse and storage sector to win high marks from all parties involved.</p><p>​JLL's Logistics and Corporate Appraisal and Advisory teams will continue to draw on their precise understanding of local markets, international vision, and innovative thinking to support Cainiao and push forward construction of its smart logistics network.​</p><p> <br> </p><p style="text-align:center;">- ends -​</p><p> <span style="line-height:1.6;"><br></span></p> <em style="line-height:1.6;">>>>Read more about <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services" target="_blank">JLL Serv​ices</a></em><br> <p> <em style="line-height:1.6;">>>>Read more about </em><em style="line-height:1.6;"><a target="_blank" href="http://www.joneslanglasalle.com.cn/china/en-gb/news" style="line-height:1.6;">JLL News</a><br></em><em style="line-height:1.6;">>>>Read more about​ </em><a target="_blank" href="http://www.joneslanglasalle.com.cn/china/en-gb/research" style="line-height:1.6;"><em>JLL Research</em></a>​</p><p></p><div> <br>​</div> <span class="ms-rteThemeForeColor-5-0 ms-rteThemeFontFace-1" style="background-color:#ffffff;"><strong><em>About JLL</em></strong></span> <p style="font-family:"helvetica neue", helvetica, arial, sans-serif;background-color:#ffffff;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;"> <span class="ms-rteThemeFontFace-1">JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the second quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of nearly 80,000. As of June 30, 2017, LaSalle Investment Management had $57.6 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information​​, visit </span><a target="_blank" href="http://www.joneslanglasalle.com.cn/" rel="nofollow" style="color:#006ed3;"><span class="ms-rteThemeFontFace-1">www.jll.com</span></a><span class="ms-rteThemeFontFace-1">. </span></p><p style="font-family:"helvetica neue", helvetica, arial, sans-serif;background-color:#ffffff;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;"> <span class="ms-rteThemeFontFace-1"></span><span class="ms-rteThemeFontFace-1">JLL has over 50 years of experience in Asia Pacific, with 36,800 employees operating in 95 offices in 16 countries across the region. The firm won the ‘World’s Best’ and ‘Best in Asia Pacific’ International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics.​​ </span><a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/asiapacific" style="color:#006ed3;"><span class="ms-rteThemeFontFace-1">www.jll.com/asiapacific</span></a><span class="ms-rteThemeFontFace-1">  </span></p><p style="font-family:"helvetica neue", helvetica, arial, sans-serif;background-color:#ffffff;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;"> <span class="ms-rteThemeFontFace-1">In Greater China, the firm was named ‘Best Property Consultancy in China’ at the International Property Awards Asia Pacific 2016, and has more than 2,200 professio</span>nals and 14,000 on-site staff providing quality real estate advice and services in over 80 cities across the country​.  <a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/china/en-gb" style="color:#006ed3;"><span class="ms-rteThemeFontFace-1">www.joneslanglasalle.com.cn</span></a><span class="ms-rteThemeFontFace-1">​​​​​​​</span></p>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
Built to last: wholly owned office buildings outperform/china/en-gb/news/special/6/beijing-office-wholly-owned-enBuilt to last: wholly owned office buildings outperform<p><strong>​​</strong><span style="line-height:1.6;"><strong>B</strong></span><span style="line-height:1.6;"><strong>y Mi Yang</strong></span></p><p>Following 30 years of development, Beijing is scattered with buildings which have failed the test of time and shown rapid deterioration since their completion. But a handful of buildings have bucked this trend to remain relevant and competitive for 20 years or more. </p><p>We look at the best examples in the market to see how quality, forward-looking construction is crucial in helping <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services/property-types/office" target="_blank">office​</a> buildings maintain their premium positions rather than fall behind. </p><h3><strong>Building for the future</strong></h3><p>In order to last as Grade A office buildings in Beijing, developers must build for the future to guard against premature obsolescence. Due to the speed at which the market is evolving, standards for new construction should exceed what is typical in the marketplace today.</p><p>Many structural features of a building are difficult to upgrade in the future, and therefore, are important to get right from the start. For example, the average elevator and restroom provisions in post-2010 Grade A buildings are 20-30% larger than those built pre-2010. But some buildings stand out: China World Trade Center Towers 1 and 2, completed decades ago, still offer competitive quality. If we take a combination of specifications (as developed in <a href="http://www.joneslanglasalle.com.cn/china/en-gb/research/267/beijing-office-report-2017" target="_blank">No Turning Back: Beijing's Grade A Office Market Set to Shine,</a> buildings like CWTC 1 and 2 were ahead of their time in terms of quality.</p><h4><img src="/china/en-gb/PublishingImages/Lists/NewsSpecial/AllItems/average-grade-a-quality-index-en.png" alt="Average Grade A Quality Index" style="margin:5px;width:500px;height:298px;" /><br></h4><h3><strong>Maintain in order to gain</strong> </h3><p>Good maintenance always makes things last longer, but a generous annual capital expenditure budget is also required. It is important to note that there is more to maintenance than keeping a clean space with working facilities: upgrading is essential along the way, as it is impossible to predict everything that will be needed for the future. For example, personal computers were not yet the norm in the late 1980s, but now, the power capacity of offices has had to be adjusted to accommodate higher power consumption needs for each workstation. Buildings like China World Trade Center Tower 2 (CWTC2) have carried out upgrades to their building infrastructure over the years to meet the needs of today's tenant.</p><h3><strong>Outperforming the market</strong></h3><p>Landlords who put more in tend get more out of their buildings, allowing them to maintain a leading position with rent levels in Beijing's central business district over decades. In Figure 1 we show how CWTC 2 is a consistent top performer and outperforms 90% of CBD buildings even today. Others have not fared so well: their rental performance has lagged or fallen behind with age.</p><h4><img src="/china/en-gb/PublishingImages/Lists/NewsSpecial/AllItems/rental-performance.PNG" alt="Rental Performance Ranking of CBD Grade A Office Buildings in Beijing" style="margin:5px;width:550px;height:294px;" /><br></h4><p><em>Source: JLL Research​</em><br></p><h3><strong>Wholly owned vs. strata-titled</strong> </h3><p>While some of these observations seem fairly obvious, only a few buildings appear to have survived the test of time. What are the challenges holding them back? First and foremost is strata-titling. Only single-owned projects have the full flexibility required to keep up with the latest standards. If a building is built for strata-title sale to individual investors, less capital is in invested in higher-quality building features with lengthy payback periods. Second, after the building is sold to individuals, consistent and centralized maintenance is much more difficult. Some owners might use the space for office leasing, but others may use it for unintended purposes. Third, it will be easier for a single-owned building to make decisions regarding maintenance and upgrades. In many cases, maintenance is ignored to cut back on costs, and often the result is the lowest standard of maintenance or even no maintenance at all. </p><p>Revamps are also hard to achieve by consensus. It is nearly impossible to convince dozens of landlords to agree on capital expenditures. While the city's top buildings were pressing ahead with upgrades, the counter examples were stalled by a lack of decision-making. Even today, some buildings still do not have 24-hour chilled water, which most large tenants demand. In some poorly performing projects, a turnaround has been attempted by trying to buy back units and bring them under central ownership, but with limited success. </p><p>As new higher-quality office projects enter the market over the next 5-10 years, baseline building standards will further rise. To ensure their buildings last in the market, landlords need to plan for the future now – otherwise it will be too little, too late. </p><p><em>Mi Yang is the lead office analyst for JLL Research in Beijing. ​</em></p><p><em><br></em></p><p style="text-align:center;">​​– ends –​​</p><p>​​<span style="line-height:20.8px;">​</span><em style="line-height:1.6;">>>>Read more about <a href="http://www.joneslanglasalle.com.cn/china/en-gb/citymarkets/beijing" target="_blank">JLL ​Beijing​</a></em><br>​<em style="line-height:1.6;">>>>Read more about </em><em style="line-height:1.6;"></em><em style="line-height:1.6;"><a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/china/en-gb/news" style="line-height:1.6;">JLL News</a></em><br>​<em style="line-height:1.6;">>>>Read more a​bout​ </em><a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/china/en-gb/research" style="line-height:1.6;"><em>JLL Research​​​</em></a><em style="line-height:1.6;"><br></em>​​<br></p><span class="ms-rteFontSize-1 ms-rteThemeForeColor-5-0"><strong><em></em></strong></span><span class="ms-rteFontSize-1 ms-rteThemeForeColor-5-0"><strong><em>About JLL</em></strong></span><p>JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, <a target="_blank" href="http://www.joneslanglasalle.com.cn/" rel="nofollow">www.jll.com</a>. </p><p>JLL has over 50 years of experience in Asia Pacific, with 36,000 employees operating in 94 offices in 16 countries across the region. The firm won the ‘World’s Best’ and ‘Best in Asia Pacific’ International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the fifth consecutive year by Real Capital Analytics.​ <a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/asiapacific">www.jll.com/asiapacific</a>  </p><p>In Greater China, the firm was named ‘Best Property Consultancy in China’ at the International Property Awards Asia Pacific 2016, and has more than 2,200 professionals and 14,000 on-site staff providing quality real estate advice and services in over 80 cities across the country​.  <a target="_blank" rel="nofollow" href="http://www.joneslanglasalle.com.cn/china/en-gb">www.joneslanglasalle.com.cn</a>​​​​​​​​​​​​​​​</p>0x01003D5B69DBCEFF8A4DAC22CC12D9F11F5400D1F2B63B5167CE45980996E1BDFDACDB

 

 

Asia Pacific Property Digest 2Q 2017/china/en-gb/research/286/asia-pacific-property-digest-2q-2017Asia Pacific Property Digest 2Q 2017Interest in industrial assets stacking up0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
The Residential Index 2Q 2017/asia-pacific/en-gb/research/900/the-residential-index-2q-2017The Residential Index 2Q 2017Generally modest price gains0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045