Sunday 24 January 2021

JLL in deal to provide workplace real estate solutions to bp

DUBAI, November 25, 2020

JLL, a leading professional services firm that specialises in real estate and investment management, has signed a Vested agreement designed to transform bp’s workplaces across the globe, to inspire bp employees and support the energy company’s Net Zero Carbon ambitions.
A Vested partnership is a highly collaborative, win-win relationship in which both parties are equally committed to each other’s success leading to improved service, reduced costs and creating value for both parties that didn’t exist before, said the statement from JLL.   
As per the deal, JLL will work with bp on real estate portfolio management, projects and workplace management.
The industry expert has been working with bp for more than a decade and with this new assignment it will provide real estate portfolio management services across 200 sites globally from January 2021. 
Workplace management will be launched in phases and preparations are underway for the first phase to ‘go live’ in spring 2021, said a top JLL official.
"This agreement will create the modern sustainable workplace environment bp needs to support its transformation to an integrated energy company," stated EMEA CEO (Corporate Solutions) Mark Caskey.
"It will foster integration and collaboration, provide inspiration and attract new talent. This Vested relationship is breaking new ground and will become a new benchmark for the industry," he added.
CEO Corporate Solutions Neil Murray said JLL was delighted to work with bp and help achieve their transformation and Net Zero Carbon ambitions.
"We add the most value when we work in partnership with our clients, and this landmark agreement will enable us to create new, shared value through efficiency, innovation and sustainable solutions," he added.


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