Dive Brief:
- JLL will provide facilities management for Rolls-Royce Holdings across its real estate portfolios in the U.S., U.K., Germany, India, China and Singapore as part of a long-term contract starting in February, according to a news release.
- The exclusive global facilities management partnership spans 15 million square feet of manufacturing, warehouse and office space across 44 sites.
- JLL said its facilities management services will accelerate Rolls-Royce Holdings’ operational initiatives, deliver “exceptional employee experiences” and help the multinational power and propulsion business achieve its sustainability commitments.
Dive Insight:
Rolls-Royce Holdings develops power and propulsion systems for safety-critical applications in the aerospace, defense and energy sectors. The company has cited an objective of reaching net-zero emissions across its value chain by 2050. In 2020, it ratified that objective by joining the UN Race to Zero and UN Business Ambition for 1.5°C campaigns to stay at or below the 1.5 degrees C climate change threshold as called for in the Paris agreement.
JLL said it will draw on its proprietary technology and data-driven insights to help Rolls-Royce Holdings meet its sustainability commitments. One such technology it recently launched is JLL-GPT, a generative AI in-house, data-powered language model that the firm said will help its clients calculate sustainability risks.
Neil Murray, CEO of work dynamics at JLL, said in the release that JLL’s “end-to-end approach to real estate, including an in-house technology division,” positions the firm to optimize Rolls-Royce Holdings’ portfolio and create efficiencies that will support its long-term strategy and operational sustainability goals.
“Effectively planning, managing and operating our diverse real estate locations to create safe, sustainable and inspiring environments for our people has never been more important for us as we navigate the changing world of work,” Rolls-Royce’s global property services head, Andrew McManus, said in the release.
JLL’s announcement of its partnership with Rolls-Royce Holdings comes just a few months after the U.S. General Services Administration tapped the firm to oversee integrated facilities management and operation services at New York City’s Jacob K. Javits Federal Building Complex, which is the tallest federal building in the U.S.