NEW YORK, NY--(Marketwired - Jun 3, 2016) - VTS, a leading commercial real estate asset management and leasing platform, today announced that global real estate services provider JLL (NYSE: JLL) has named VTS as an enterprise-level partner of leasing management technology. JLL is the latest in a series of major partnerships for VTS, which enables customers to unlock the power of real-time market intelligence alongside historical and future leasing data.
“VTS gives us a real-time view into where net effective rents are trending, along with which tenants and industries are driving demand in various locations and building types,” says Jay Koster, JLL Group Head, Americas Capital Markets and Investor Services. “By combining this data with the information available in our powerful existing internal system, we can make more accurate, informed and timely decisions for our investor clients.”
This multi-year agreement gives every JLL Americas landlord representation professional access to a leasing platform that enhances client service and boosts productivity thanks to real-time insights and powerful analytics. VTS provides brokers, investors and owners with a centralized platform to manage their portfolio, identify market trends and qualified leads, and view updated, comprehensive data in real time. JLL landlord representation professionals can streamline their entire workflow by integrating data from all of their tools directly into the VTS platform, which provides a single dashboard for all the key tenant and market data needed to close deals faster.
JLL Americas has been using VTS leasing management technology in several U.S. markets since 2014; the new agreement expands this existing relationship to all JLL Americas landlord representation professionals.
“VTS saves time for everybody on the team -- from the most junior analyst inputting information, to someone like me conducting real-time negotiations with tenants,” said Chris Roeder, International Director, JLL. “Our team and clients also love the daily emails from VTS with all of our client listings and real-time information on what happened the day before.”
This new partnership also enables JLL brokers to access VTS comprehensive business market Intelligence platform, which offers S&P Capital IQ information on more than 5 million public and private companies, as well as the ability to analyze and track comp data from CompStak directly within the VTS platform.
“We couldn't be more excited to expand our relationship with JLL across the globe, and thus make our platform available to even more of JLL's property owner, investor and occupier clients,” said Ryan Masiello, co-founder and Chief Revenue Officer for VTS.
VTS is the world's leading leasing and asset management platform built to provide real-time portfolio analytics to the top landlords and brokerage firms in the world. VTS allows brokers and owners to manage deal activity, identify trends and quantify portfolio performance from their desktop or mobile device. With over 2.7 billion square feet under management, VTS is the driving force behind the industry's shift towards real-time data and is quickly becoming the market standard. For more information, visit vts.com.
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.