News release

JLL appoints Luke Billiau as Head of Capital Markets Australia & New Zealand

May 15, 2023

Andrew Peck

+65 9823 7917

AUSTRALIA, 15 May 2023 – JLL (NYSE: JLL) today announced the appointment of Luke Billiau as Head of Capital Markets, Australia & New Zealand. Luke will assume responsibility for JLL’s market-leading Capital Markets platform in Australia, with oversight for its investment and transaction advisory offering to clients.

Luke will lead a national team of over 140 professionals across Australia across all major asset classes including office, retail, logistics, living and alternatives. In 2022, Australia’s commercial real estate market comprised of US$20.9 billion of transactions, according to the JLL Capital Tracker.

“Australia is firmly established as one of the most mature and actively traded commercial real estate markets globally, complemented by a world-class investor infrastructure and deep connectivity into international capital markets. Luke’s broad experience across various asset classes and states, diverse client relationships and proven track record of leadership and execution gives us tremendous confidence in the future success of our Australian Capital Markets business,” says Stuart Crow, CEO, Capital Markets, Asia Pacific, JLL.

To his expanded role, Luke brings more than 15 years’ experience in the Australian property industry. Most recently, he was concurrently Head of Capital Markets – New South Wales (NSW) and Head of Office Investments - Australia. 

Luke joined JLL in 2007 in Brisbane and relocated to Sydney in late 2019 to assume the role of Head of Capital Markets - NSW. Throughout his career, he has specialised in the transaction of commercial office assets nationally. Primarily, Luke’s focus is institutional grade investment assets and significant development opportunities (including structured transactions and forward funding deals).

Prior to leading the national Office Investments team and NSW Capital Markets business, Luke was a Senior Director of the Queensland Capital Markets team and had a senior role leading the state’s Valuations and Advisory division of JLL. Luke is an Associate of the Australian Property Institute and was a Certified Practising Valuer.

“Irrespective of ongoing market uncertainties, investors will continue to reinforce their confidence in Australian real estate and will increasingly demand local expertise paired with global insights. Luke’s wealth of experience and strong network will add weight to our diversified offering to our clients to add value to their portfolios and achieve optimal transactional results,” says Dan Kernaghan, CEO, Australia & New Zealand, JLL. 

About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit