Banking group HSBC has selected Jones Lang LaSalle as its sole global outsourcing provider of facility management services across its 5.4m m2 real estate portfolio.
This is the largest global facility management contract awarded to a single provider by a financial services firm.
JLL has formed a global accounts team of experts led by Bill Thummel, along with global managing director Chris Kiernan and global director of operations Ian King, to serve the expanded global account responsibilities for HSBC.
“JLL and HSBC are committed to introducing innovative solutions that advance the performance of real estate as a driver of measurable business improvements,” said Colin Dyer, president and chief executive, JLL.
The firm has advised HSBC in North America since 1998.
The contract adds more than 3.9m m2 of real estate worldwide to JLL’s responsibilities, and renews existing facility management services in North America, China, Thailand, Mexico and Panama.
