Nestlé has selected JLL as its global real estate services provider across 130 countries, expanding the companies’ relationship to cover integrated leasing transaction management and strategic advisory services across Nestlé’s entire office, industrial and retail property portfolio.
The assignment brings together JLL’s Work Dynamics and Leasing Advisory businesses under an integrated account structure, building on lease administration services the commercial real estate company already provides to Nestlé.
JLL will also provide access to its Valuation and Risk Advisory, broader Portfolio Services and JLL Technologies capabilities.
Technology will play a significant role in the engagement. JLL plans to use AI-powered analytics and data visualization to give Nestlé additional intelligence for real estate decisions across its global footprint.
That includes JLL Azara, an AI-powered application for analyzing corporate real estate and facilities management data, and Horizon, JLL’s proprietary AI platform combining public and private market intelligence to identify investment opportunities and support capital deployment.
The engagement supports Nestlé’s shift toward what JLL describes as an “elastic portfolio”, moving from fixed long-term property commitments toward a more flexible model capable of adjusting across asset types as business requirements change.
Nestlé’s account will be led by Iain Franklin and Louise Humpish of Work Dynamics, while Jim Panczykowski will continue serving as relationship executive.
JLL generated $26.1 billion in annual revenue and had more than 112,000 employees as of June 30, 2026, with operations spanning more than 80 countries.
KEY QUOTES:
“Forward-thinking companies are no longer viewing real estate as a fixed cost, but as a dynamic driver of business value,” said Sue Asprey Price, CEO, EMEA Work Dynamics & Global Head of Portfolio Services. “We are delighted to support an industry leader like Nestlé as they embrace this evolution, and we look forward to leveraging our integrated global platform to unlock potential for their business worldwide.”
Sue Asprey Price, CEO, EMEA Work Dynamics & Global Head of Portfolio Services at JLL
“Clients are looking for tangible value from their real estate, whether through cost optimisation, enhanced flexibility or supply chain resilience,” said Andy Poppink, CEO, Leasing Advisory, EMEA and APAC. “We are pleased to expand our relationship with Nestlé and leverage our deep market expertise, global platform and powerful analytics to help them achieve their goals across their diverse global portfolio.”
Andy Poppink, CEO, Leasing Advisory, EMEA and APAC at JLL
