Elanor Investors Group appoints JLL as property management partner

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Warrawong Plaza, NSW

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Shopping Centre News

July 19 2024

5min read

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Elanor Investors Group has announced its strategic partnership with global property services firm JLL, which has been appointed as the property management partner for Elanor’s Retail, Office, Healthcare and Industrial Portfolio for a four-year term.

This partnership reflects Elanor’s dynamic growth and commitment to delivering superior investment results through active asset management and strategic opportunities.

Following a comprehensive review of the property management model, Elanor chose JLL for its proven track record and alignment with Elanor’s strategic objectives. JLL will now manage 53 assets across Retail, Office, Healthcare and Industrial.

Elanor’s Head of Asset Management, Ruth Jothy, said: “We are thrilled to partner with JLL for the management of our Retail, Office, Healthcare and Industrial Portfolio. This partnership is an exciting step forward for Elanor as we continue to grow and evolve our portfolio. JLL’s expertise and commitment to excellence align perfectly with our strategic goals, and we look forward to achieving great success together.”

The Elanor Asset Management Team, alongside JLL, will administer this partnership, supported by the Property Management team on the assets. This collaboration aims to establish and maintain close working relationships with all stakeholders, ensuring the delivery of exceptional property management services.

Richard Fennell, Head of Property & Asset Management – Australia at JLL said: “JLL is proud to have been selected as Elanor’s trusted property management partner, providing our deep all sector coverage and expertise to ensure the strategic management of their portfolio.

“With a clear focus on supporting their sustainable growth, we are committed to helping Elanor achieve their ambitious target of $15 billion AUM within the next five years by providing our management expertise and real-time data insights for their strategic investment decisions. Our strong relationship with Elanor is built on mutual respect and shared values, and we look forward to growing our partnership in the years to come,” said Fennell.

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Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes shoppingcentrenews.com.au a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand. Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.
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