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Office Space

We make owned and leased office space more valuable by improving its productivity and financial performance

​​​​​​​​​​​​​From acquisition to disposition—and every phase in between—our specialists in leasing, management and capital markets know how to position office assets and portfolios for long-term success. We devise more strategies and execute more transactions involving office space than any other property type.

If you're an owner or institutional investor, you'll benefit from our intimate knowledge of office markets and tenants—in your own back yard and around the globe. We'll skillfully manage your property to enhance its value and help you achieve the highest returns. And when it's time to sell, we'll bring the right buyers to the table and execute a transaction that exceeds your expectations.

If you're a company that owns or leases office space, we'll make sure it's flexible enough to meet your business and financial goals, operates efficiently and is capable of driving productivity.

Tapping over 230 years of global real estate experience, JLL's network at every level – international, regional and local – serves to build relationships between owners, occupiers and investors. In China, we offer you the most extensive market coverage through highly experienced agency professionals who are constantly in touch with the changing real estate situations in the markets. Our resources, commitment and experience gives you an integrated solution tailored specifically for your unique office needs, and access to the industry's best practices.


To know more about JLL China 
Office sector capability, please submit your inquiry via "Contact us" at the right navigation.​

News and research

 

 

Self-storage takes off in Asia/china/en-gb/news/608/asia-self-storage-take-offSelf-storage takes off in Asia<p> <span style="font-size:18px;">​​​<em style="line-height:1.6;">​​Growing sector attracting investor interest, reveals real estate consultancy JLL  </em></span></p><p> <strong>SHANGHAI, Jun 8, 2017</strong> - The self-storage sector is increasingly on the radar of both private and institutional investors due to its growth potential and increasing public awareness, according to a new report by JLL.​</p><p>Yields on self-storage facilities are potentially attractive compared to other traditional asset classes. According to the re​port, landlords can expect yields of around two to four per cent in Hong Kong and Taiwan, five to seven per cent in Tokyo and Singapore, five to eight per cent for Australia, and up to eight per cent or above in China and India depending on location, access, quality, and building facilities.</p><p>Alternatives such as self-storage are also seen as an affordable investor option, compared to higher priced big-ticket core assets such as <a href="/china/en-gb/services/property-types/office" target="_blank">offices</a>, and offers an avenue for investors to ​diversify their portfolio. Alternative assets include data centres, student housing, schools, carparks, healthcare facilities and others.</p><p>The self-storage industry has a younger history in Asia, compared with more mature markets in North America, Europe, and Australia. The notion of storing personal items outside the home is catching on due to the region's dense population, increasing residential prices, growing affluence, and changing lifestyles.</p><p>"Globally, demand for self-storage, just like any other real estate class, is driven by economic and demographic forces," says <strong>Bob Tan, Director of Alternatives, Asia Pacific Capital Markets at JLL</strong>. "Urbanisation is an important driver for self-storage. Growing urban populations mean smaller and increasingly expensive living spaces in cities, and creation of more renters who move around more frequently."</p><p>In Asia, the self-storage industry is most established in densely populated and more affluent regional cities. Hong Kong, Singapore and Tokyo have the smallest average home sizes in the region. The size of an average home is less than 800 square feet in these three cities, as compared to nearly 1,000 square feet in the United Kingdom, and over 2,000 square feet in the United States and Australia.</p><p>Along with the rise of e-commerce and growth of small medium businesses, there is likely to be greater demand for niche or value-add services, presenting various opportunities for operators in these growth markets. These services include document storage, climate-controlled environments, valet delivery and storage among many others.</p><p>Mr Tan adds: "Going forward, we will see greater interest from operators and investors seeking opportunities to participate in growth markets, and to invest in good quality platforms with scale, particularly if they already own their real estate."</p><p>For more information, download the report "The rise of self-storage in Asia Pacific" <a href="http://www.ap.jll.com/asia-pacific/en-gb/research/887/rise-of-self-storage-in-ap-jun17" target="_blank">here</a>. </p><p style="text-align:center;">- ends -</p><p> ​</p><p> </p><em style="line-height:1.6;">>>>Read more about </em><em style="line-height:1.6;"><em style="line-height:20.8px;"></em><a href="/china/en-gb/services/property-types/industrial-and-logistics" target="_blank">Industrial and Logistics ​</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><span><br>​</span></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;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;background-color:#ffffff;"> <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 $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 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;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;background-color:#ffffff;"> <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;margin-bottom:20px !important;line-height:1.57143 !important;color:#454545 !important;background-color:#ffffff;"> <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
Offices 2020/china/en-gb/news/604/offices-2020Offices 2020<p>​<em style="line-height:1.6;font-size:16px;">​​JLL releases the latest Offices 2020 series report, introducing forward-looking real estate advice and action plan </em></p><p> <strong>SHANGAHI, May 22, 2017</strong> - JLL<span lang="EN-US"> </span>(NYSE: JLL), a world-leading professional services firm that specialises in real estate and investment management, today officially releases the 2017 version of Offices 2020 series report. The report consists of a review and outlook on the first edition of Offices 2020 published by JLL in 2014, providing clients with forward-looking real estate strategy advice and action plan. </p><p>The report consists of four parts: Reflect, Re-imagine, Re-invent and Shanghai City Report. </p><h3> <span lang="EN-US"> <strong>Reflect</strong></span></h3><p>Back in 2014, JLL began its future-mapping journey to answer the question of "Where next for Hong Kong, Mumbai, Shanghai, Singapore, Sydney and Tokyo?" 2017, midway through the journey toward 2020, is a fitting opportunity to evaluate what JLL forecasted in the first edition of Offices 2020, and what has happened since. <strong>Reflect </strong>briefly takes stock of macroeconomic themes across the Asia Pacific office landscape over the past few years and provides readers a better understanding of the fundamentals underpinning the wider Asia Pacific region.</p><p> <strong>James Allan, Head of Markets, Shanghai</strong>, JLL said, "As the growth engine of the world, Asia Pacific has led global economic growth since 2010, and will continue to do so over the next few years. Asia Pacific-based corporations are now the biggest share in the Fortune Global 500, making the region the new bastion of corporates. The robust demand among these corporates has been reflected in strong regional leasing take-up, particularly in the established global gateways. Another key demand driver for office real estate in Asia Pacific is the technology sector. New players are emerging from this sector, hiring thousands of staff. Besides being at the forefront of the wave of fresh appetite for office floor space, tech players are also pushing the envelope on workplace design and real estate portfolio strategy."</p><h3> <span lang="EN-US"> <strong>Re-imagine</strong></span></h3><p> <strong>Re-imagine</strong> offers a clear vision of the regional office landscape over the next few years from four different perspectives - the city, the building, the office, and the worker. The report captures the ongoing shift of the off​ice ​market toward the "Future of Work". <strong>Joe Zhou, Head of Research for JLL China,</strong> said, "Facing limited space, urban development needs to catch up with the pace by embracing the concept of 'urban cluster' and 'cities in the sky'. The humble office building is on the cusp of a revolution. One of the current trends is to utilise cutting-edge technologies for a switch to smarter buildings, thus creating ideal environments for employees. Moreover, as organizations increasingly place the attraction and retention of talent at the top of their agendas, workplaces need to evolve. With the inclusion of younger generations in the workforce and the rising 'liquid workforce', shared office space has also become a new trend." </p><h3> <span lang="EN-US"> <strong>Re-invent</strong></span></h3><p>The <strong>Re-invent</strong> report concludes the methods of "Future of Work" and comes up with the 20/20 action plan for real estate strategy. The ability to anticipate and adapt empowers clients to stay ahead of the curve in the industry. <strong>James Allan</strong> said, "As we conclude this future-mapping exercise for offices in Asia Pacific, we recognise that the only constant is change. Our 20/20 action plan for real estate strategy provides clients with forward-looking solutions. For example, when reviewing the portfolio strategy, we urge clients to consider agile workplaces and responsive portfolios. While adopting smart buildings, we encourage clients to put data in the driving seat. In terms of investment in change management, we suggest clients to plan for continuity and optimise their relocations."</p><h3> <span lang="EN-US"> <strong>Shanghai City Report</strong> </span></h3><p>By 2020, Shanghai is expected to receive approximately 11 million square metres of Grade A <a href="http://www.joneslanglasalle.com.cn/china/en-gb/services/property-types/office" target="_blank">office</a> space, replacing Hong Kong as the largest office market in Greater China. Meanwhile, Sha​nghai is set to have the largest pipeline of prime office completions by 2020, overtaking Hong Kong, Sydney and Tokyo. James Allan said, "With rising office rents in Shanghai, an increasing number of price-sensitive tenants are shifting to emerging business areas outside the traditional CBD. Fringe districts such as Railway Station, the North Bund and Qiantan are especially attractive to tenants due to convenient access to CBD core areas." Meanwhile, Shanghai's service sector is expected to go from strength to strength, cementing its status as China's core financial hub. Toward 2020, Shanghai has immense potential to upgrade itself as an "Established World City" in the midst of a shifting world order, achieving its ambition towards "World City" status. </p><p>Download the full report of Offices 2020:</p><p>>>> <a href="http://www.joneslanglasalle.com.cn/china/en-gb/research/271/office2020-shanghai-city-report-en" target="_blank"><em>Shanghai Offices 2020​​</em></a><br> >>> <a href="http://www.joneslanglasalle.com.cn/china/en-gb/research/273/offices2020-reimagine-asia-pacific-en" target="_blank"><em>Offices 2020 – Re-imagine​</em></a><br> >>>​<em> </em><a href="http://www.joneslanglasalle.com.cn/china/en-gb/research/276/offices-2020-reinvent-ap-en" target="_blank"><em>Offices 202​0 – Re-invent​</em></a><em>​​</em><br> ​>>>​ <a href="http://www.joneslanglasalle.com.cn/china/en-gb/research/272/office2020-reflect-asia-pacific-en" target="_blank"><em>Offices 2020 – Re-flect ​​​</em></a></p><div> <br> </div><div><p style="text-align:center;">– ends –</p><p> </p><p> <em>>>>Read more about </em><a href="http://www.joneslanglasalle.com.cn/china/en-gb/news"><em>JLL News</em></a><br><em>>>>Read more about  </em><em><a href="http://www.joneslanglasalle.com.cn/china/en-gb/research">JLL Research</a></em></p><p> <br> </p><p style="font-family:"helvetica neue", helvetica, arial, sans-serif;background-color:#ffffff;color:#454545 !important;"></p> <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 $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 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></div>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88
JLL launches its vision of the Future of Work/china/en-gb/news/598/vision-of-the-future-of-workJLL launches its vision of the Future of Work<p><span style="font-size:16px;"><em>​​</em><span style="line-height:1.6;"><em>Real estate firm introduces fresh thinking on the changing world of work, brought to life by new office in Shanghai</em></span></span></p><p><strong>Shanghai, 28 April 2017 </strong>- JLL has introduced Future of Work, its unique perspective on the changing nature of work and the impact on the next generation of corporate <a href="/china/en-gb/services/investors-and-developers/private-investor-advisory">real estate</a>. The website provides companies with insights on how to navigate the seismic shifts taking place in the world of work, as they grapple with technological disruption, automation and an increasingly fluid workforce. ​</p><p style="text-align:justify;">"Technology is driving immense change in every facet of business: corporate real estate is no different," says <strong>Anthony Couse</strong>, CEO, JLL Asia Pacific. "JLL's Future of Work addresses in practical ways how organisations can evolve and transform to be better equipped for the challenges of tomorrow."</p><p style="text-align:justify;">He adds: "The way a company uses its real estate is absolutely critical to making sure it's fit for the future. New ways of looking at workspaces will also have a major impact on how our clients invest in real estate going forward, as they try to choose assets that meet the demands of forward-thinking corporate occupiers. And developers will need to incorporate the changing needs of occupiers when designing the buildings of the future, integrating smart technology as part of the infrastructure."</p><p style="text-align:justify;">While JLL is helping its clients navigate these changes, the company is also in the process of transforming its own workplaces to become Future of Work-ready, starting with its new office in Shanghai.</p><p style="text-align:justify;">"We know how important it is to walk the talk, and our new Shanghai office is the expression of that intention," says Mr Couse. "China is an exciting, high-growth market for us that thrives on change, so we feel it's a great place to start our Future of Work journey in Asia Pacific. Our goal is to create smart, flexible and collaborative workplaces where our employees and clients can achieve their ambitions."</p><h3><strong>A new resource for corporate occupiers</strong></h3><p style="text-align:justify;">According to <strong>Jordi Martin</strong>, CEO, Corporate Solutions, JLL Asia Pacific, Future of Work encompasses five perspectives designed to provide organisations with tools to help in the decision making process when determining their current and future workplace needs in order to achieve their business goals.​</p><p style="text-align:justify;">"Real estate was once about acquiring and managing buildings. Now, it has become a strategic lever for transformation. Organisations must take a visionary approach now or risk being left behind," explains Mr Martin. "Today's workforce demands choice and flexibility which requires work environments that are beyond the traditional office. Those that offer high-tech, personalised tools and services that enhance the human experience will stand out and attract the best in the war for talent." </p><p style="text-align:justify;">To remain competitive and unlock new sources of growth and revenue, companies are already embracing artificial intelligence (AI), the Internet of Things (IoT) and robotic process automation. These changes are disrupting the way work is done and are driving some companies to outsource and automate non-core work.</p><p style="text-align:justify;">Others are shedding fixed real estate assets while creating networks of workplaces that include company offices, co-working spaces and employee home offices. </p><p>Visit Future of Work to understand how JLL is helping companies take charge in the changing world of work.</p><div><br></div><div><p style="text-align:center;">​– ends –​​</p><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><span class="ms-rteFontSize-1 ms-rteThemeForeColor-5-0"><strong><em><br>About JLL</em></strong></span><p>JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides man​agement and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $59.1 billion of real estate assets under 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 over 34,000 employees operating in 92 offices in 16 countries across the region. The firm won 15 awards at the Internationa​​l Property Awards Asia Pacific in 2016 and was named number one real estate advisor in Asia at the 2015 Euromoney Real Estate Awards. <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 sta​​ff 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></div>0x0100E81015D9D08198458B498FF948D658F90052B0972AFC77B94093C478C1B5B47C88

 

 

Future of Work/china/en-gb/research/280/future-of-work-whitepaper-enFuture of WorkThe Future of Work is JLL’s outlook on the changing world of work and its impact on the next generation of corporate real estate.0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Offices 2020 – Re-invent/china/en-gb/research/276/offices-2020-reinvent-ap-enOffices 2020 – Re-invent'Re-invent' concludes the future-mapping exercise for offices in Asia Pacific, offering actionable steps to future-proof your corporate real estate strategy.0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045
Offices 2020 – Re-imagine/china/en-gb/research/273/offices2020-reimagine-asia-pacific-enOffices 2020 – Re-imagine‘Re-imagine’, the second report in this three-part series, deconstructs the office landscape from the outside-in to identify the impact of regional trends towards the ‘Future of Work’.0x01010063443623C9F9004FA21AA8EABD6132C80096456DD4F4AF204EB9DD2C24B361B045