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JLL introduces new data centres capabilities to meet demand driven by Internet of Things

Real estate firm launches largest specialist data centre team in Asia Pacific


​​SINGAPORE, 15 February 2017 – JLL has expanded its expertise in data ​centres to meet a rising demand for real estate related to the Internet of Things (IoT), cloud computing, enterprise IT outsourcing, and mobile data.


With digitisation on the rise, corporations and governments are moving towards efficient and flexible technology solutions. These organisations run their operations through cloud service providers, colocations and web hosting cloud data centres, propelling the use of data centre facilities. 

"In 2016, the data centres market in Asia Pacific was US$12 billion. It is expected to grow by 27 per cent per annum and surpass the European market in total size by 2021, increasing the need for real estate space in this niche area," says Jeremy Sheldon, Managing Director, Markets and Integrated Portfolio Services, JLL Asia Pacific. "As data centres are a key asset in an occupier's portfolio, we're witnessing a surge in client demand for specialised expertise in this sector, so we have spent the past months realigning internal resources and recruiting industry talent to proactively respond to their needs."

Based in Hong Kong, the new team is headed by Paul Dwyer, Asia Pacific lead for data centre transactions and research. He is responsible for overseeing clients' operational needs, including consultancy, acquisition, IT advisory, investment, rating, valuation, research and project management. During previous assignments in property consultancy firms, Paul looked after site selection, data centre brokerage, market reporting and was the joint lead in a regional data centres advisory group before joining JLL.

Mr Dwyer says: "This is a great time for the team as the data centres sector is rapidly gaining momentum. With our strong presence in primary markets like Hong Kong and Singapore, we're looking to build the team's influence and spread our expertise across the region. Client needs are also becoming more sophisticated in this sector so we need to provide dedicated resources with comprehensive solutions involving integrated facilities management, engineering and operations to cater to these needs. Emerging markets such as India, China and other countries in Southeast Asia present huge potential along with the adoption of cloud computing and IoT, signifying the importance to expand our presence in Asia Pacific."

Joining Mr Dwyer is Phillipa Weber, who will act as market research lead, while providing colocation brokerage assistance in Singapore and Southeast Asia. Ms Weber spent nine years working in data centre firms such as Global Switch and Digital Realty in England, Australia and Singapore. Prior to joining JLL she worked at a Shanghai firm specialising in China's data centre market.                                                                                

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​About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

JLL has over 50 years of experience in Asia Pacific, with 36,000 employees operating in 94 offices in 16 countries across the region. The firm won the 'World's Best' and 'Best in Asia Pacific' International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the fifth consecutive year by Real Capital Analytics.  www.ap.jll.com.