JLL wins government asset management contracts

Property services firm JLL has been appointed to manage the state government’s commercial portfolio, while at the same time extending its contract to look after the federal government’s Indian Ocean Territories group of assets.

JLL said its property asset and management team had been awarded a contract by the Department of Finance to manage 19 office buildings covering 90,000 square metres of space, largely in the Perth metropolitan area, but also in regional centres.

The Indian Ocean Territories portfolio covers 26 properties, including 12 on Cocos Island and 14 on Christmas Island, totalling 50,000sqm.

The properties include offices, law courts and other special purpose properties.

JLL WA managing director John Williams said the company had been managing the Indian Ocean portfolio for the past nine years.

“Our reappointment further strengthens JLL’s proven expertise in providing property services to the government,” Mr Williams said.

Both appointments are for a three-year term, commencing in January next year.