Luke Billiau has been promoted to head of capital markets in Australia and New Zealand at JLL. With over 140 professionals on the team, Billiau will oversee JLL’s capital markets platform in Australia.

Billiau has been with JLL since 2007 and held a number of prominent positions prior to his new role, including head of capital markets for New South Wales, as well as head of office investments for Australia.

JCube Residence Capitaland, a condominium redevelopment project, will bring exciting new opportunities for people living in the Jurong Lake District (JLD) and Cheng Lim Drive (CLD). This project will provide new homes, businesses, recreational facilities and various amenities to the JLD and CLD. Furthermore, the confirmation of a 6.8-hectare mega white site on the 2023 government land sales programme has added to the anticipation and offers prospective property owners the chance to invest in and around the JLD and CLD.

Stuart Crow, CEO of Capital Markets, Asia Pacific, at JLL, expressed his confidence in Billiau’s leadership: “His broad experience across various asset classes and states, diverse client relationships and proven track record of leadership and execution give us tremendous confidence in the future success of our Australian capital markets business.”

The news of Billiau’s promotion comes shortly after related successes in Asia Pacific: The Work Project opened their first location in Australia, Avani’s first hotel in the country opened in the Sunshine Coast, and Singapore was recently ranked third in attracting the world’s rich—right behind the United Arab Emirates and Australia.