Sydney's vast train portfolio will soon be overseen by JLL, with the firm announced as the manager for the 1.2 million square metres of property across the metropolitan rail network.

With a three month transition and a Go Live date of 1 October 2019, JLL will take over management of more than 1,000 leases or licences across industrial, office, residential, retail, community spaces, access land, substations, carparks and telecommunications infrastructure. 

At a glance:

• JLL has been appointed to manage Sydney's train portfolio, which consists of 1.2 million square metres of property across the metropolitan rail network.
• JLL will oversee the property management of tenants and services through its Customer Service Centre.
• There will be a three-month transition before the Go Live date of October 1, 2019.

The initial appointment term is for four years with further options extending over another four years.

JLL will oversee the property management of tenants and services through its Customer Service Centre.

Head of Property & Asset Management for NSW, Andrew Harvey, said, the appointment served to enhance the company's property management on behalf of government clients.

"We’re looking forward to building a strong partnership with Sydney Trains to manage their vast property portfolio," he said.

“JLL will support the operations of Sydney Trains while they focus on their core business of providing public transport for the 1.4 million customer journeys that are made daily across their network. 

“Our JLL systems, such as Acumen and Evolution, will offer Sydney Trains the opportunity to view the performance of their portfolio online in real-time across a wide array of metrics enhancing their business operations and freeing Sydney Trains up to focus on their key strategic priorities."

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