JLL to Provide RE Services to BBVA

17/12/2014 – El Mundo

JLL, financial and professional services firm specialized in commercial real estate, has been selected by Spanish bank BBVA for overall management of the entity’s properties.

In the virtue of the multiannual agreement, JLL shall provide data and lease management (for branches in Mexico, Portugal and Spain), as well as transaction administration services (for the regions of EMEA and Asia-Pacific) in regard to the asset portfolio.

Financial institutions seek innovative real estate strategies while reinforcing to guarantee their operative presence on the market in line with their clients’ needs, said Andres Escarpenter, CEO of JLL Spain. We are convinced that our cooperation with BBVA will create an excellent atmosphere for the bank to offer A1 quality financial solutions to its clients, the executive added.

 

Original story: El Mundo

Translation: AURA REE

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