JJones Lang LaSalle, known as JLL, advises property owners, occupiers and investors on commercial real estate worldwide. Its teams broker leases and property sales, arrange financing, value assets, manage buildings and workplaces, and oversee construction projects for businesses, institutions and governments. LaSalle Investment Management invests client capital in private property and real estate securities, while JLL Technologies develops workplace software and data tools. The company earns commissions, service fees, investment management fees and software revenue, with some client operating costs reimbursed through contracts. JLL took its current form through a 1999 merger and is headquartered in Chicago, Illinois.
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India's GCC sector could add 30,000-35,000 jobs in 2027. An ANSR forecast points to new greenfield centres as a potential source of 30,000 to 35,000 jobs in India. India's global capability centre (GCC) sector could add 30,000 to 35,000 jobs in 2027, according to an ANSR estimate reported by The Economic Times. The projection is tied to 160 to 175 potential new greenfield centres and growing enquiries from US mid-sized companies. It is a forecast, not a tally of approved projects or confirmed job provides. The report itself notes that interest has not yet translated into large-scale relocation plans from the United States. ANSR's forecast points to new greenfield centres. The Economic Times reported on 6 November that ANSR expects between 30,000 and 35,000 jobs to be added by around 160 to 175 new greenfield global capability centres in 2027. The estimate comes from a firm that helps companies establish such centres in India. The report links the interest to tighter H-1B rules and the availability of skilled talent in India, which may encourage some US mid-sized businesses to consider expanding technology teams in the country. Technology and business operations roles feature in the estimate. The Economic Times report also gives a concrete example of current expansion: JLL has opened a 120,000-square-foot global capability centre in Hyderabad and plans to hire 1,600 employees over the next few years. That is a company-specific hiring plan, unlike ANSR's broader estimate for future greenfield centres. The two figures should not be added together as if they describe the same group of projects. JLL's announced centre is already open; ANSR's 30,000-to-35,000 estimate concerns expected jobs associated with new centres in 2027. The projection is not a confirmed hiring tally. The distinction between enquiries and committed investment is important. ANSR helps companies establish GCCs in India, so its estimate reflects activity it is seeing in the market, but the report does not name 160 to 175 companies that have approved sites, budgets and hiring plans. A prospective centre must still pass internal investment decisions, choose a city, secure premises, establish local operations and recruit staff. Some enquiries may lead to a launch; others may be delayed or abandoned. Technology-focused GCCs are likely to need software developers, cloud engineers, data engineers, cybersecurity specialists, product managers and quality-assurance professionals. Centres with broader mandates may also hire finance, procurement, human resources, compliance and analytics staff. The mix will depend on the parent company's business and whether the centre aims to provide operational support, build products or own a specialised global function. The 2027 estimate does not break the projected positions down by occupation or seniority. It So cannot support a precise claim about how many roles will be in software engineering, AI, cybersecurity, finance or business operations. The JLL centre shows a broader operating model: a GCC can house teams supporting functions across a multinational business, rather than serving only as a low-cost development office. The actual mix will depend on the parent company's mandate and the work transferred to India. You Might Be Interested In Competition between Indian cities, salary inflation, infrastructure availability and the supply of experienced managers can affect how quickly new centres open. Companies also need predictable regulations, reliable power and connectivity, secure facilities and a talent pipeline that matches their requirements. If the global economy weakens or US firms delay expansion plans, some projects may be postponed. A shift in immigration policy may influence location decisions, but it does not automatically make an India centre the best choice for every function. The forecast is best treated as a measure of potential expansion rather than a confirmed hiring pipeline. The Economic Times report explicitly says the interest from US mid-sized firms has yet to translate into large-scale relocation plans. Immigration rules and talent availability may influence where companies add staff, but a GCC decision also depends on customer proximity, management capacity, data and regulatory requirements, infrastructure and the economics of the specific function. The projected 30,000 to 35,000 jobs will be realised only if enough proposed centres move from exploration to funded operations. You Might Be Interested In
Is AI Actually making FM better for SMEs? 06 November 2026 | updated 05 November 2026. The big FM providers are all getting behind AI. But if you're an SME, a scaled-down version of a corporate strategy might not be what your business needs. Mark Jackson, Managing Director and Co-Founder at Sussex Facilities Management, looks at what works. Not that long ago, SME founders and directors might have looked at AI in facilities management and thought 'not for us'. Dedicated facilities teams and complex CAFM systems were for larger conglomerates with expansive teams and data analysts. How could predictive maintenance, smart sensors and AI-powered service delivery work in a 20-person office environment? With so many providers now selling some version of 'AI-powered', has it got harder for smaller businesses to cut through the hype and make the right choice? My answer, having spent years running an FM business that works with SME clients, is no. AI has actually made the genuine differences between providers easier to spot - as long as you know what to look for. Why The Sensor Business Case Doesn't Scale Down Occupancy-based cleaning is a good example of AI working really well at a corporate scale. Real estate firm JLL[1], for instance, introduced a dynamic cleaning service for one of its clients and delivered a 15% reduction in time spent cleaning underused spaces. But if you take a 20-person office, cleaning might cost, say, £5,000 a year. So, the saving may technically exist, but it's unlikely to cover the hardware and installation needed to realise it - unless you're refurbishing anyway and it's a secondary addition. This is the trap SMEs can fall into. A provider suggests an impressive sensor network and it's difficult to tell whether it'll save you money or not. Where AI Actually Matters For smaller businesses, the real value of AI isn't in futuristic tech - it's in everyday operations. Take maintenance. Companies love to hype up predictive capabilities, but a small business doesn't need a building packed with expensive sensors. You just need a software provider whose system is smart enough to spot patterns in your call-out history and parts usage, warning you when a specific asset is about to give up. The same applies to daily admin. Automated invoice processing, quick draft visit reports and smart scheduling don't require heavy upfront investment, meaning you see the returns immediately. It's a lifesaver for compliance, too. Missing a statutory test or a certification renewal carries massive risk when you don't have a dedicated compliance manager to track the paperwork. Behind The Hype Data from Capital on Tap[2] shows that the number of UK small firms paying for AI tools jumped from 1.1% to 12.8% between early 2023 and mid-2026. Yet look at the actual cash and AI still makes up a tiny fraction of total business spending. Small businesses are definitely experimenting, but they're playing it incredibly safe with their budgets. Here are some key questions to get you on the right track. * What does the AI do without the word 'AI'? Buzzwords often mean less substance than the pitch suggests. * Who's using it today at your scale? * What happens when it goes wrong? A provider who's thought this through has a clear answer on the fallback (this question matters more and more as the debate about AI's risks intensifies). * Who owns the data and what happens to it if you switch providers? * What does it actually cost you? Sometimes nothing - the AI is baked into the provider's efficiency. Sometimes it's hardware and subscription fees dressed up as an upgrade. AI Trust Is Falling Despite everyone using it, people are actually getting more sceptical. KPMG's latest global trust study[3] shows that only 46% of us trust AI systems. But this shouldn't scare small firms away from AI entirely. It's just a reminder to stop copy-pasting corporate tech strategies that were never designed for a 20-person office. Always ask where it delivers commercial benefit relative to costs. For most smaller businesses, that answer points towards smarter processes. Before investing in smart-building infrastructure, it's worth asking whether the everyday management of your facilities has already been optimised. For a lot of SMEs, that's where the real value is. 1. JLL Client Case Study - see here. 2. Data From Capital on Tap - see here. 3. KPMG's Global Trust Study - see here. Picture: An image of Mark Jackson, Managing Director and Co-Founder at Sussex Facilities Management. Article written by Mark Jackson | Published 06 November 2026 Related tags. How AI is influencing Facilities Management. For Brett Ellis, Regional Facilities & Asset Manager Komatsu, a construction and mining multinational company, AI is the difference between days and weeks. Komatsu... JLL introduces AI Property Assistant. JLL Property Assistant delivers recommendations for property managers via a natural language chat interface. Using data from PropTech platforms, including JLL's... JLL launches artificial intelligence platform. JLL has released a suite of software services that claim to be the "first comprehensive, ultra-secure AI platform for the commercial real estate... JLL launches first GPT AI model for commercial real estate. Global commercial real estate and investment management company JLL has unveiled JLL GPT, the first large language model purpose-built for the commercial real estate... JLL acquires PropTech company Skyline AI. In a move to help deliver more powerful insights to its clients, JLL has reached an agreement to acquire Skyline AI. Skyline AI uses unique data sets, AI and... Why cybersecurity needs facilities managers. Terry Keller, Chief Technology Officer at MRI Software, looks at why cybersecurity is increasingly becoming a challenge for facilities managers, rather than something... Spotlight interview - pawel malon | SINGU. SINGU provides AI-powered, cloud-based software for property, facilities, maintenance, ESG and building operations. Bringing together expertise from Micad, Synbiotix and... The making of JLL's flagship office in the UK. 1 Broadgate is more than a flagship office; it's a living example of the strategies, frameworks, and partnerships JLL bring to their clients every day. This article... AI clusters expand across Europe in new wave of office demand. Artificial intelligence (AI) is growing strongly across Europe, with AI clusters emerging in major office markets and smaller academic and specialist hubs, according to... Lolly to launch snapserve Pro. Lolly, a provider of hospitality technology, has announced that SnapServe Pro, its new AI-powered tray-scanning solution, has entered live customer trials, marking a...
PNK Group considers sale of industrial portfolio valued at approximately $1 billion. Business · NOV 2, 2026 PR Newswire NEW YORK, Nov. 2, 2026 /PRNewswire/ - PNK Group is considering the sale of a portfolio of modern industrial properties totaling approximately 7 million s... NEW YORK, Nov. 2, 2026 /PRNewswire/ - PNK Group is considering the sale of a portfolio of modern industrial properties totaling approximately 7 million square feet, with a potential value of approximately $1 billion. The portfolio comprises 12 buildings. More than 75% of the portfolio's total area is already under long-term leases with highly rated blue-chip tenants and is available for acquisition now. The remaining portion of the portfolio will become available to investors once its rental income has stabilized. The portfolio includes buildings constructed using PNK Group's proprietary solutions, including insulated three-layer reinforced concrete wall panels and 8-inch reinforced concrete floor slabs designed for heavy loads. The properties have long-term roof warranties of up to 30 years, depending on the building. One of the key advantages of the portfolio is the versatility of the buildings: they can be used as warehouses and distribution centers or for manufacturing operations without the need for substantial reconstruction. PNK Group has retained JLL as the exclusive advisor for the sale. JLL will be responsible for engaging with prospective buyers, conducting negotiations, and supporting the transaction process. PNK Group is a vertically integrated engineering, manufacturing, and development company that develops its own technological innovations and applies leading global engineering solutions in industrial construction. The company's approach is based on the use of high-precision large-scale prefabricated components, simplifying and accelerating the construction of industrial buildings. Contact Info: Organization: PNK Group Website: https://pnk.group Email: [email protected] Phone: +1 (646) 517 7915 Address: 17 State Street, Suite 3930, New York, NY 10004 SOURCE PNK Group Published by News Desk · WeeklyReviewer The WeeklyReviewer news desk monitors breaking developments around the clock - sourcing, verifying, and publishing real-time industry news across business, technology, politics, science, sports, and world affairs. Every story that comes through the Live Wire is reviewed for accuracy before publication, keeping our readers ahead of the curve without the noise.
Wang On Group appoints Nick Tang as executive director; CapitaLand Ascott Trust names Joanne Tan CFO. Wang On Group has appointed Nick Tang, CEO of its 75%-owned subsidiary Wang On Properties, as an executive director. CapitaLand Ascott Trust named Joanne Tan Siew Bee as its new CFO, while Pimco Prime Real Estate promoted Kunihiko Amino to head its Japan business. Hong Kong-listed property group Wang On Group appointed Nick Tang as an executive director on 1 November, according to an announcement to the Hong Kong stock exchange. Tang, 39, remains chief executive of 75%-owned subsidiary Wang On Properties. He joined the group in 2011 as an assistant general manager, and is the son of chairman Tang Ching Ho and husband of executive director Stephanie Tang. Tang has served as an executive director of Wang On Properties since December 2015. His brother Jason Tang, 30, general manager of strategic development at subsidiary China Agri-Products Exchange, joined the board the same day. Singapore-listed lodging trust CapitaLand Ascott Trust, which reported S$8.7 billion (US$6.8 billion) in assets in its third-quarter business update, named Joanne Tan Siew Bee as chief financial officer from 1 November, according to an announcement to the Singapore exchange. Tan, chief financial officer designate since 1 May, spent 16 years as chief financial officer of CapitaLand China Trust Management after taking that post in 2010. She succeeds Kang Siew Fong, who held the role since 2012 and becomes an advisor to the trust's managers. Real estate investment manager Pimco Prime Real Estate, formerly Allianz Real Estate, named Kunihiko Amino as head of Japan from September, according to his LinkedIn profile. Amino had led asset management in Japan for the firm since August 2021. Before that, he spent eight years at Touchstone Capital Management, where he became head of asset management in 2019, following four years at Sanko Estate. Amino, a member of the Royal Institution of Chartered Surveyors, studied at Keio University. Hirokuni Tadokoro became president of logistics REIT manager GLP Japan Advisors on 15 October, replacing Yuma Kawatsuji, who resigned and left the board after having led the manager since March 2024, according to an announcement to the Tokyo stock exchange. Tadokoro joined the manager's board in 2023 and had been Japan chief financial officer of developer GLP Japan since 2019. He previously spent seven months as a director at Mizuho Securities and 14 years at Prologis, where he became chief financial officer in 2013. Ares Management has owned the manager since completing its US$3.7 billion purchase of GLP's non-China fund business last year. Han Bin resigned as chief financial officer of Beijing-based developer Sunshine 100 China Holdings on 29 October, according to an announcement to the Hong Kong stock exchange, just one day before Hong Kong's High Court ordered the company wound up on 30 October. Han took the finance post in November 2021, weeks before the developer's US$179 million bond default weeks later, after finance roles at Dalian Wanda Group and Shenzhen-listed Aoyuan Beauty Valley Technology. Han also left his post as joint company secretary, alongside Anne Yu, who also resigned as authorised representative. Hong Kong lawmaker Kenneth Lau Ip Keung joined the boards of developer Sino Land and its Tsim Sha Tsui Properties and Sino Hotels units as an independent non-executive director on 27 October, according to an announcement to the Hong Kong stock exchange. Lau, 60, sits on the Executive Council that advises the city's chief executive and chairs the Heung Yee Kuk, which represents New Territories rural communities. He succeeds Adrian Li Man-kiu, who retired from the Sino Land and Tsim Sha Tsui Properties boards after more than 21 years, as chair of their audit and remuneration committees, a year after the Sino Group chairmanship passed to Daryl Ng. Asset manager Heiwa Real Estate Asset Management, which runs Tokyo-listed Heiwa Real Estate REIT, named executive officer Naoya Matsumoto as chief compliance officer and head of its compliance and risk management office from 1 November, according to an announcement to the Tokyo stock exchange. Matsumoto has headed the manager's internal audit office since December 2025, when he moved from leading its business management department, according to an earlier announcement. Listed sponsor Heiwa Real Estate owns the manager outright. Nicholas Keong has taken over auctions at property consultancy Knight Frank Singapore, adding the business to his role as executive director and head of residential and private office, according to his LinkedIn profile. Keong, who joined the firm from JLL in 2019, replaces Tee Khoon Tan, who headed auctions after returning in 2025 and whose last day is 31 December, according to a LinkedIn post. Chief executive Galven Tan, hired from Savills in 2024, resigned in July, according to The Straits Times. Commercial Covers office, retail, industrial and logistics property.
JLL acquires VIPA Digital to expand global data centre advisory business. Vijay Mistry and Paul Cranfield's consultancy joins the property group following more than US$300 billion of sector deal activity since 2020, with investors seeking advice spanning acquisitions, power and project delivery. Founder and Editor, The Tech Capital 31 ottobre 2026 | 1:48 PM CET VIPA Digital co-founders Vijay Mistry and Paul Cranfield. Photo: VIPA Digital JLL (NYSE: JLL) has completed its acquisition of VIPA Digital, bringing the London consultancy founded by Vijay Mistry and Paul Cranfield in 2018 into its Work Dynamics business. Financial terms were not disclosed. Premium article. Daily brief. A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers Founder and Editor, The Tech Capital
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Chicago, IL
Founded
1999
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