JLL sets up global treasury centre at GIFT City to centralise operations
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓JLL set up a corporate treasury centre at GIFT City to centralise its global operations.
- ✓The firm launched JLL Finance Services to manage liquidity and funding across many regions.
- ✓"GIFT City's GRCTC model provides the perfect combination of regulatory sophistication and talent depth for our first Asia-Pacific treasury hub," said Radha Dhir.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Standard
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Global real estate services firm JLL has established a corporate treasury centre at Gujarat International Finance Tec-City (GIFT City) to centralise its treasury operations and improve capital deployment across its global business.
The company has set up JLL Finance Services (IFSC) Private Limited, a wholly owned subsidiary of Jones Lang LaSalle Property Consultants (India) Private Limited, also known as JLL India, at the International Financial Services Centre (IFSC) in GIFT City.
The entity will operate as a Global Regional Corporate Treasury Centre (GRCTC).
The centre will oversee JLL's treasury operations across multiple jurisdictions, including the Americas, Europe, West Asia, Africa and Asia-Pacific.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Business Standard
Read the full, original unfiltered story directly on the publisher's portal.