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Chosen global real estate advisors

GlaxoSmithKline (GSK) has selected Jones Lang LaSalle and Cushman & Wakefield as its global real estate service providers. GSK undertook a full selection process advised by corporate property advisers. DTZ and Equis were not re-appointed and Cushman & Wakefield will work alongside Jones Lang LaSalle which was retained in all three regions.

Cushman & Wakefield and Jones Lang LaSalle will jointly provide real estate transaction services for its approximately seven million square metre portfolio, which includes both owned and leased office, logistics and manufacturing accommodation across the Americas, Asia Pacific and other regions.

Services may also include consulting, project management, design and other professional services as well as the management of vacant and sub-let properties.

Richard Evans, director of global real estate at GSK, commented: “We wanted to re-examine the way our real estate service providers support us worldwide and felt that a two-provider model offers us the best combination of coverage and collaboration and choice for our business purposes.”

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