JLL and Hitachi Join Forces to Develop Smart Technologies to Improve Corporate Real Estate Services in Asia Pacific

JLL and Hitachi Join Forces to Develop Smart Technologies to
Improve Corporate Real Estate Services in Asia Pacific

Real
estate consultant and technology giant will collaborate to apply Internet of
Things to workplace challenges

Tokyo and
Singapore, Jan 16, 2017 – (JCN Newswire) – Jones Lang LaSalle Incorporated
(NYSE:JLL), Hitachi, Ltd. (TSE:6501) and Hitachi Asia Ltd. have announced an
agreement to conduct collaborative studies applying Hitachi technology to
enhance the real estate services that JLL provides to its clients in Asia
Pacific.

Beginning in December 2016, the three companies started the first proofs of concept
by installing sensors in the Hitachi Asia headquarters in Singapore, collecting
a wide range of data to analyse usage of its office space. Following this, a
series of studies will be conducted to look at advanced facilities management
and the efficient use of corporate real estate.

By using Hitachi’s Internet of Things (IoT) platform ‘Lumada’, the companies
are focused on developing new solutions that will improve the quality of the
real estate services that JLL provides. Lumada is designed to drive digital
business transformation through the integration of various kinds of devices,
machines and systems in a wide range of business fields. It uses advanced data
analytics to gain deep insights into how a business can be made more efficient.

Jordi Martin, CEO, Corporate Solutions, JLL Asia Pacific says: “We are
excited to be collaborating with Hitachi on this project that will bring
together JLL’s expertise in real estate services and Hitachi’s in technology
solutions. It’s an opportunity to gather and analyse data to better understand
how companies use their real estate. Our goal is to come up with creative
solutions that will help to deliver smarter, more sustainable and productive
workplaces for our clients in Asia Pacific.”

Keizou Kobayashi, CEO of the Urban Solutions Business Unit, Vice President and
Executive Officer, Hitachi, Ltd., says: “It is my pleasure to make this
announcement together with JLL, one of the leading real estate service
companies in the world. JLL has profound specialisation and knowledge, with
which it has globally expanded its business. Beginning with cooperative
consideration with JLL and with proofs of concept, Hitachi will make efforts to
contribute to the sophistication and streamlining of the services that JLL
provides for their clients in the Asia Pacific region.”

Ichiro Iino, Chairman of Hitachi Asia Ltd. says: “Southeast Asia’s
economic growth has resulted in an increase in urban development projects. To
meet the demands of this market, Hitachi Asia is expanding their Social
Innovation Business, particularly in urban-related fields. Singapore, where
Hitachi Asia is headquartered, provides an ideal environment for developing new
technologies and solutions, making it a suitable location for this study. By
utilising the findings that we gain from this, we believe that we can
contribute to improving the efficiency of the real estate services provided by
JLL in the region.”

Hitachi has been focusing on its social innovation business, which seeks to
solve social issues by merging cutting-edge IT and social infrastructure
technology. To enhance these efforts in the field of urban solutions, one of
the fields on which they are currently focused, Hitachi established the Urban
Solutions Business Unit in April, 2016.

In the future, JLL, Hitachi, and Hitachi Asia will continue to consider ways to
improve the general real estate services that JLL provides for its customers in
the Asia Pacific region and to further expand their business globally.