JLL Adopted Both Organic and Inorganic Growth Strategies to Expand Its Presence in the Global Property Management Market

Jacob Hodgson

JLL Adopted Both Organic and Inorganic Growth Strategies to Expand Its Presence in the Global Property Management Market

MarketsandMarkets expects the global Property Management market size to grow from USD 14.47 billion in 2018 to USD 22.04 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period (2018–2023). The property management market is gaining traction, due to the critical need for reliable management of growing number real estate properties and smart city projects.

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Major players in the global property management market include IBM (US), Hitachi Vantara (US), JLL (US), Oracle (US), SAP (Germany), Trimble (US), RealPage (US), AppFolio (US), Yardi (US), MCS Solutions (Belgium), and ARCHIBUS (US). The other players include FSI (UK), Planon (Netherlands), Accruent (US), Entrata (US), iOFFICE (US), Indus Systems (US), Total Management (US), Rentec Direct (US), PMX Dynamics (Canada), Hemlane (US), Property Boulevard (US), OfficeSpace (US), CIC (US), Archidata (Canada), and Buildium (US).

JLL is one of the leading players in the property management market. The company has adopted both organic and inorganic growth strategies to expand its presence in the global property management market. For instance, in March 2018, JLL Spark, a division of JLL, announced the acquisition of Stessa, a Software-as-a-Service (SaaS)-based real estate technology firm. Stessa enables investors and property managers to track, manage, and communicate the performance of their real estate portfolios.

Oracle, an established vendor in the property management market, has a strong presence in the Americas, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America. In the property management market, Oracle provides Oracle Property Manager and the Primavera Facilities and Asset Lifecycle Management solution. The company has majorly adopted organic growth strategies to enhance its presence and broaden its customer base in the global property management market. In May 2018, Oracle announced an update for its flagship product, Oracle Property Manager. The updated product features new contract abstraction and migration, lease accounting transformation, global lease management, and enhanced reporting, and it is compatible with the IFRS 16 and ASC 842 accounting standards. Furthermore, in February 2017, Oracle released a look-back period archive patch for Oracle Property Manager. The new patch creates a concurrent program that users can run at the end of each fiscal month to archive the lease data.

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Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance Management & Reservation Management), Service, Deployment, End-User, Application, and Region - Global Forecast to 2023

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Jacob Hodgson

Property Management Market Extrapolated to Reach $22.04 billion by 2023 at a CAGR of 8.8%

2022-02-01

Browse 68 market data Tables and 46 Figures spread through 145 Pages and in-depth TOC on "Property Management Market - Global Forecast to 2023"Download PDF Brochure : https://www. Commercial and residential real estate property managers in North America are rapidly adopting property management software solutions by leveraging the automation and management solutions. The growth in rental demands has resulted in the strong demand for property management solutions and services. The other players include FSI (UK), Planon (Netherlands), Accruent (US), Entrata (US), iOFFICE (US), Indus Systems (US), Total Management (US), Rentec Direct (US), PMX Dynamics (Canada), Hemlane (US), Property Boulevard (US), OfficeSpace (US), CIC (US), Archidata (Canada), and Buildium (US). About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.

Property Management Market Predicted to Grow $22.04 billion by 2023

2022-08-25

According to research report "Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance Management & Reservation Management), Service, Deployment, End-User, Application, and Region - Global Forecast to 2023", published by MarketsandMarkets, the global property management market size expected to grow from USD 14. The major driving factors of the property management market include an increasing demand for SaaS model and upsurge in real estate and smart building projects. Browse 68 market data Tables and 46 Figures spread through 145 Pages and in-depth TOC on "Property Management Market - Global Forecast to 2023"Download PDF Brochure : https://www. Commercial and residential real estate property managers in North America are rapidly adopting property management software solutions by leveraging the automation and management solutions. The other players include FSI (UK), Planon (Netherlands), Accruent (US), Entrata (US), iOFFICE (US), Indus Systems (US), Total Management (US), Rentec Direct (US), PMX Dynamics (Canada), Hemlane (US), Property Boulevard (US), OfficeSpace (US), CIC (US), Archidata (Canada), and Buildium (US).

How Property Management Companies in Mississauga Can Simplify Your Rental Experience

2024-04-23

Look no further than property management companies in Mississauga. This is where property management companies in Mississauga come in. Marketing and Advertising: Property management companies have access to a wide range of advertising platforms to effectively market your rental properties. This is where property management companies in Mississauga can help. In conclusion, property management companies in Mississauga can simplify your rental experience by handling the day-to-day operations of your rental business.

Property Managers: What are Their Roles & Responsibilities?

2022-05-23

If you're looking for a rental property manager to take care of all your needs, look no further than the professionals at Property Management Company. A few of the services property managers provide involve rent collection, repairs and maintenance, tenant screening, as well as property advertising. Management of the tenantsMany property managers are also fraud experts, helping owners avoid being taken for a ride by fake renters. It can be difficult to find good-quality tenants, which is why professional property managers screen their potential renters. There are many tasks and responsibilities that go into this role, but before hiring anyone make sure they match your needs by doing some research.

Property Management Software Market Trends and Forecast Report 2022 | By Players, Types, Applications And Regions 2031

2022-06-09

The Property Management Software Global Market Report 2021-31 by The Business Research Company describes and explains the global property management software market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region. The global property management software market share is expected to reach $2. id=5692&type=smp Property Management Software Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology.

Property Management Services

2022-12-13

Our objectives and goals are to provide the clients with personalized services in a thoroughly professional manner and at a reasonable price. We always look forward to new challenges, innovations and expansions of our services to please our customers. The only name is JK Infra and Management Services; since the past few years, this company has become a sensation in Property Management Services, all thanks to its dedicated staff and extensive network that help them make a difference in the market. Some of their services include: * E2E facility management* Management solutions* Manpower solutionsAfter spending years with Facilities Management, Operation & Maintenance of Telecom Infrastructure, Installation & Commissioning & AMC (of Electrical, Security & Safety systems) business, I feel very privileged in conveying this message to all our beloved customers. Our objectives and goals are to provide the clients with personalized services in a thoroughly professional manner and at a reasonable price. We always look forward to new challenges, innovations and expansions of our services to please our customers. Ultimately, we value the needs of our clients, their business relationship and their reputation.

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