Commercial property player JLL Ireland (Jones Lang La Salle) has set its sights onthe wider residential property market with the acquisition of Guardian Property Asset Management. Guardian operates mainly in the residential and new homes space and the acquisition which takes immediate effect, will deliver JLLa direct route to the gradually reviving new homes market.
John Moran, chief executive of JLL Ireland said: “Our strategic partnering with Guardian Property Asset Management, is a natural next step for us and completes our 360 degree service offering ambition with a strong residential/ new homes cradle- to- grave solution to bolster our core business.”
The acquisition delivers for JLL an immediate representation in the new homes, residential and investment market, with Guardian representing five schemes currently for sale and has transacted more than €500 million in the last 12 months. JLL already holds a strong presence in development land services, acquisitions and planning, and this latest development will allow it partner with clients right through to the build and sales stage.
Conor O’Gallagher, managing director of Guardian Property Asset Management said: “ We are delighted to be rolling out our full service residential offering under the JLL brand. As part of the new group we will continue to offer our leading asset management services to both our existing and new clients..”
Guardian Property Asset Management was co-founded by Conor O’Gallagher and Colm Byrne in 2009.
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