JLL launches integrated infrastructure market offering to public sector clients in North America
Public Institutions practice will standardize firm's infrastructure service capabilities in a singular offering to government and education clients
WASHINGTON, May 5, 2020 – JLL today announced a formal go-to-market strategy for its Infrastructure Market Offering (IMO) aimed at government and education clients. The firm has provided public sector infrastructure advisory and transaction services for the better part of 20 years, but the formation of this IMO is the first holistic approach to a singular public sector offering that will span the full depth and breadth of the firm’s capabilities. JLL’s Public Institutions practice will spearhead the offering as the group is currently delivering on various infrastructure services and will utilize its diverse knowledge-base and capabilities to centralize the offering for the firm’s public sector and higher education clients.
JLL will provide professional advisory services to public sector clients for large-scale infrastructure projects. The public sector IMO will include:
- Infrastructure policy and strategic planning;
- Project evaluation and feasibility studies;
- Funding and value capture strategies;
- Infrastructure finance and delivery;
- Public-Private-Partnership advisory services;
- Procurement and transaction advisory services;
- Program management;
- Government infrastructure disposition and divestitures;
- Strategic messaging and stakeholder management; and
- Market research and analytics.
“Federal, state, and local authorities have limited resources to devote to capital and operational expenditures, while at the same time are facing increasing debt ceilings and budgetary constraints – all at a time when US infrastructure needs are estimated at over $7.7 trillion by 2030 just to keep pace with GDP*,” noted Kevin Wayer, President, Public Sector and Education, JLL. “JLL is already a trusted advisor to government clients and this new IMO is a momentous step in our ability to centralize all of the expertise that an international real estate advisory firm like JLL can bring to bear to for our clients, providing them with support across the entire infrastructure lifecycle.”
The IMO will include the expertise of JLL’s diverse business practices including, Public Institutions, Corporate Solutions, Capital Markets, Energy and Sustainability, and Research. Through the creation of this multi-disciplined offering, the JLL team will be able to standardize and centralize its delivery and approach when it comes to serving the needs of its public sector clients and help them address everything from aging infrastructure improvements to procuring alternative forms of financing.
JLL is currently assisting five major federal agencies delivering innovative financing solutions for local infrastructure needs and is advising on alternative delivery approaches for a national civil works program. JLL is also assisting numerous public agencies around the country leveraging local funding and assets to accelerate the delivery of critically needed infrastructure through creative financing and public private partnerships. For more information, please visit: us.jll.com/infrastructure.
*Source OECD/WEF
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion, operations in over 80 countries and a global workforce of more than 94,000 as of March 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.