7 July 2016 | Herpreet Kaur Grewal

Real estate company JLL has announced a new higher education services group. 

The move “formalises JLL’s higher education expertise in facilities management, real estate portfolio management, workplace strategy and development services”.
 
In a statement JLL said: “As colleges and universities continue to address the challenges of cost control, deferred maintenance, student attraction and retention, access to private sector capital and best practices, many are turning to their campus real estate to optimise its value. 

JLL has formed a centre of excellence in higher education real estate advisory to help educational institutions realise the potential of their real estate.”

JLL has appointed David Houck, a veteran JLL managing director, to co-lead its higher education group in collaboration with Kevin Wayer, co-president of JLL’s Public Institutions group. 

Houck’s appointment and the creation of the group formalise JLL’s continuing work in the education sector. The firm has a long history of working with public and private colleges and universities across the United States and abroad.