JLL Australia debt and structured finance director Josh Erez has also exited, after previously working on the refinancing of Blackstone’s 85 Castlereagh Street asset in Sydney.

A seemingly contradictory statement from JLL said: “Our Debt Advisory coverage for Australia and New Zealand has not changed. Our regional platform based in Singapore has and will continue to play a major role in servicing our clients, complemented by our on-the-ground Capital Markets teams in Australia and New Zealand.”

Through its Capital Markets division, JLL offers advisory services related to the acquisition, disposition, and financing of real estate assets. This includes debt advisory, where the firm connects clients with financing solutions such as construction loans, fixed-rate debt, bridging finance, and acquisition facilities.

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