Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) has appointed JLL to deliver a global real estate performance plan.

Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) has appointed JLL to deliver a global real estate performance plan.

The corporate and investment banking arm of France's Crédit Agricole group said the project aims to cut costs for real estate projects throughout Crédit Agricole CIB’s global portfolio across 30 countries. JLL will provide integrated portfolio services (IPS) including lease management, portfolio strategy and transaction management.

'We wanted a property adviser who could collaborate with our country leadership teams and deliver local solutions within a consistent and global masterplan,' said Eric Lechaudel, international COO of Crédit Agricole CIB.

According to JLL’s Global Corporate Real Estate Trends 2013 report, real estate outsourcing is accelerating across geographies, industry sectors and corporations. Only 8% of companies have not outsourced any aspect of their CRE function, down from 24% in 2011.

JLL is currently collating responses from corporate real estate executives for its 2015 survey. Click here to take the survey.