{"id":1004134196,"date":"2016-01-06T10:23:16","date_gmt":"2016-01-06T18:23:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004134196"},"modified":"2022-12-08T10:01:30","modified_gmt":"2022-12-08T18:01:30","slug":"hsbc-continues-on-with-jll","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hsbc-continues-on-with-jll\/","title":{"rendered":"HSBC Commits to JLL"},"content":{"rendered":"<p>By Keith Loria, Contributing Editor<\/p>\n<div id=\"attachment_1004134197\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004134197\" data-attachment-id=\"1004134197\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hsbc-continues-on-with-jll\/hsbc-hq\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg\" data-orig-size=\"1280,800\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"HSBC HQ\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;HSBC Headquarters&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg?w=1024\" class=\"size-medium wp-image-1004134197\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg\" alt=\"HSBC Headquarters\" width=\"300\" height=\"188\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg 1280w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg?resize=300,188 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg?resize=768,480 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/01\/HSBC-HQ.jpg?resize=1024,640 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004134197\" class=\"wp-caption-text\">HSBC Headquarters<\/p><\/div>\n<p>HSBC has extended its global real estate facilities management agreement with JLL to 2021, beyond its original 5-year term.<\/p>\n<p>\u201cThe decision to extend the contract early is testament to the strength of our partnership and the benefits that HSBC is already seeing as a result,\u201d Colin Dyer, JLL\u2019s president &amp; CEO, said in a prepared release. \u201cWe look forward to continuing to deliver benefits through the comprehensive services our talented team provides HSBC.\u201d<\/p>\n<p>The extension of HSBC\u2019s 55 million-square-foot global real estate portfolio marks the largest global facilities management outsourcing contract in the financial services industry, and allows both parties to build on the transformation that has taken place since 2013.<\/p>\n<p>\u201cJLL worked in partnership with HSBC to improve service, lower risk, and reduce costs,\u201d Bill Thummel, JLL\u2019s global account director, said in the release. \u201cEmployees\u2019 satisfaction with the service provided has increased steadily over the past two years, the management and control of key risks has been significantly enhanced, and sustainable savings created for the bank are in excess of the initial target of $50 million.\u201d<\/p>\n<p>JLL\u2019s global approach has provided consistent service delivery and global visibility of cost, compliance, and performance. A key factor in achieving these results is the consolidation from 1,300 facilities management suppliers to one, covering 97 percent of the Bank\u2019s portfolio.<\/p>\n<p>\u201cWe are able to commit to saving HSBC more money because we can see the value of the data we have collected and the tools we have developed,\u201d Thummel said. \u201cThis data will help us deliver more efficiently and effectively.\u201d<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC has extended its global real estate facilities management agreement with JLL.<\/p>\n","protected":false},"author":451,"featured_media":1004134197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21808,16,21742,21785],"tags":[],"class_list":["post-1004134196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-featured","category-international","category-latest","category-property-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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