ABOUT JLL
JLL (NYSE: JLL) is a leading professional services firm that specialises in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for their clients, their people and their communities.
JLL, founded in 1783, is a Fortune 500 company with annual revenue of $16.6 billion, the company operates in over 80 countries and has a global workforce of more than 91,000 as of December 31, 2020.
JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.
The context
JLL CEE needed a trusted VDR provider to consistently help them perform their real estate transactions. As the main VDR provider in CEE, Sterling were the obvious choice to work with.
Sterling and JLL CEE have worked on projects together since 2015.
Summary
- JLL has opened 30+ VDRs a year with Sterling since 2015
- As of January 2021, nearly 2TB of data has been shared during these transactions.
- The Sterling VDR hosts thousands of users at any time on JLL’s projects.
THE result
The transactions facilitated by Sterling's VDR technology have helped confirm JLL as a real estate sector leader in the CEE region:
- As of January 2021, over 130 deals have successfully closed using Sterling VDRs.
- JLL projects with Sterling have spanned the entire CEE region, with deals closing in Czech Republic, Hungary, Poland, Romania, Serbia and Slovakia.
“Sterling are the leading provider of VDR in CEE. Many of our clients are familiar with the platform, which speeds things up and makes things easier for us.
The Sterling support team are on hand to assist us and any of our users with any task or question. They always ensure the smooth running of every project. The platform is intuitive and fast, and we appreciate the continuing development of the technology as well.
Sterling help us make a good impression throughout transactions, especially with the bespoke customisation of the platform that incorporates our brand and logo.”
- Director Capital Markets, JLL, Prague, Czech Republic