Abrdn reappoints JLL for national property management mandate

Abrdn has reappointed JLL to provide property management services across its national portfolio for the next five years. The reappointment means JLL will have advised the business on its real estate portfolio for more than four decades. The renewed mandate includes 12 funds with 350 assets across the UK, incorporating offices, retail industrial and alternatives. Carrie Sanders, client director at JLL, said: “An effective property management team ensures that real estate value is continually maximised ensuring investors and owners minimise risk, increase income returns and maximise property value. “Our longstanding relationship with Abrdn ensures our team is fully integrated into its real estate strategy and aligned on key areas of technological advancement, ESG and occupier satisfaction.”