Global commercial real estate services company JLL Korea (Jones Lang LaSalle) announced on the 12th that it will expand comprehensive real estate services for domestic corporations' overseas advancement.
This service, referred to as "overseas corporate real estate services," provides total solutions for the purchase, sale, leasing, and rental of commercial and industrial properties, as well as overseas real estate development projects, targeting corporations that are advancing abroad or planning to do so.
Jeon Hyung-jun, executive director of JLL Korea's overseas corporate real estate services, noted, "In the past, domestic corporations promoted overseas business with their own networks and personnel, but due to a lack of expertise in the local real estate market, they experienced unexpected economic losses and various trial and error." He added, "Recently, demand for overseas commercial real estate has surged, particularly among large domestic corporations and major IT companies, especially regarding direct investment in the United States and increased interest in logistics manufacturing bases, data centers, and offices in Southeast Asia."
JLL Korea currently provides customized comprehensive services for overseas corporate real estate to numerous large domestic corporations. It leverages a global network that spans the Americas, Central and South America, Europe, the Middle East, India, China, and Asia.
JLL Korea's overseas corporate real estate specialized team collaborates in real time with local JLL experts in various fields to establish and execute strategies optimized for the corporations' characteristics and projects. This aims to minimize risks related to corporations' overseas advancement and support successful business development.
For instance, one corporation experienced significant losses due to a lack of understanding of the local real estate market when 추진 its overseas business through its own network during its initial overseas advancement. However, through collaboration with the JLL Korea overseas corporate real estate dedicated team and the local JLL dedicated team, the corporation was able to recover initial business losses and further sell the project site to a prime buyer at an increased value. Another corporation sought JLL's assistance in selecting the optimal overseas advancement country in the high-tech industry between Europe and the United States.