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JLL to provide real estate services to leading Spanish bank BBVA

The firm has been appointed to provide data and lease administration services for Mexico, Portugal and Spain as well as transaction management services for Asia, Europe, Middle East and Africa.

Madrid, 16 December 2014. JLL (NYSE: JLL), the financial and professional services firm that specializes in commercial real estate services, has been appointed by Spain’s highly respected and leading financial institution BBVA, to provide integrated real estate services.

Under this multi-year contract, JLL will provide BBVA with data and lease administration services in Mexico, Portugal and Spain. JLL will additionally provide transaction management services across the EMEA and Asia-Pacific regions for the bank’s portfolio.

“Financial institutions are seeking innovative real estate strategies, while working hard to ensure that their real estate footprint matches the needs of their customers,” said Vincent Lottefier, Global Director & CEO, Corporate Solutions JLL EMEA. “We are confident our work with BBVA will provide an excellent environment for their staff to deliver the highest standard of financial solutions to their customers”.