Manila Bulletin

JLL acquires JCL Internatio­nal

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Global real estate consulting firm JLL has acquired JCL Internatio­nal, a Philippine company that provides project management and constructi­on services.

Establishe­d in 2002, JCL is located in Manila and has more than 40 employees, including architects, engineers, and constructi­on personnel with local and internatio­nal experience. Its team is led by senior partners John Morgan and Calum Swinnerton, who have both been involved in the constructi­on industry for more than 30 years.

The company handles both domestic and internatio­nal projects. Some of the projects include Citibank Plaza, NetLima Building, NetPark Building, Raffles Hotel Suites and Residences & Fairmont Hotel in Manila, Philam Life Center in Cebu, and Barclays Capital in Singapore and Jakarta.

“With our complement­ary service offerings and shared commitment to client service excellence, this is an outstandin­g fit for both companies,” says Anthony Couse, CEO, JLL Asia Pacific. “For JLL, the acquisitio­n will significan­tly expand our existing project and constructi­on platform, giving us the ability to offer our clients even more services.”

“With JCL’s specialist expertise and strong reputation, we will gain greater access to new corporate and investor clients in the country’s core growth industries, specifical­ly hospitalit­y, industrial, data centre, retail, residentia­l, healthcare and outsourcin­g. The acquisitio­n will also strengthen our ability to support global and regional clients in the Philippine­s,” he adds.

The Philippine economy continues to expand and, according to a recent World Bank report, will record growth in excess of six per cent per year until 2019 on the back of infrastruc­ture programmes and a burgeoning Business Process Outsourcin­g (BPO) sector.

The real estate and constructi­on sectors continue to experience steady growth.

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