Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIM), the corporate and investment banking arm of the Crédit Agricole group, has appointed JLL to deliver a global real estate performance plan.
The project aim is to deliver cost reduction for real estate projects throughout Crédit Agricole CIB’s global portfolio across 30 countries. JLL will provide integrated portfolio services including lease management, portfolio strategy and transaction management.
Eric Lechaudel, international chief operation officer of Crédit Agricole CIB, said: “We wanted a property adviser who could collaborate with our country leadership teams and deliver local solutions within a consistent and global master-plan.”
Vincent Lottefier, global director and chief executive of Corporate Solutions, Europe, Middle East & Africa for JLL said: “We are excited to have been appointed to work with Crédit Agricole Corporate and Investment Bank on a global basis. This appointment reinforces the growing trend where European and global organizations including banks, law firms and FMCG companies appoint advisers to optimize global real estate portfolios.”