The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Real Estate Companies Cut Ties With Trump Organisation 

Real Estate Companies Cut Ties With Trump Organisation 
15 January 2021 | Updated 28 January 2021
 

JLL and Cushman & Wakefield are just two in a long list of high-profile companies that have distanced themselves from the Trump Organisation.

After recent attack on the US Capitol building, several organisations are severing ties with the current President, including Deutsche Bank, Nike and GoFundMe. 

In terms of property and real estate, Cushman & Wakefield has made the decision to no longer do business with the Trump Organisation, 

JLL also revealed that it would no longer be involved in the sale of Trump International Hotel at 1100 Pennsylvania Avenue, as tweeted by Washington Post reporter Jonathan O’Connell.

As President Trump prepares to leave office, Microsoft has also paused its political contributions after employee objections and  Facebook has frozen Trump's Facebook and Instagram pages.

 

Actions Speak Louder Than Words

 

What this distancing indicates is a wider trend in the corporate world where business values and PR align. Who a company chooses to associate itself with can have a much wider impact, even going beyond the brand loyalty of its customers.

The millennial workforce arguably has more of a social conscience when it comes to career moves. They want to know what an organisation’s values are, whether they can flourish there and whether they’ve joined an ethical business. 

Demonstration of progressive values is a key part of an organisation’s CSR efforts too. As well as being considered “the right thing to do”, good CSR credentials also affect recruitment and talent retention, as well as being an influencer in purchasing decisions and tendering. 

Picture: a photograph of signage from Trump Tower

Article written by Ella Tansley | Published 15 January 2021

Share



Related Articles

Biden’s EV Revolution – US Electric Truck Market Set for Growth

Just days into his presidency, Biden announced the intention to replace the federal government’s fleet of combustion engine vehicles with electric vehicles...

 Read Full Article
Guy Grainger Appointed as JLL’s EMEA Global Head of Sustainability Services & ESG

As part of the company’s increased focus on sustainability, JLL has announced its EMEA CEO Guy Grainger will move into a new role as Global Head of...

 Read Full Article
W R Berkley Looking to Sell The Scalpel for £820m 

The Scalpel, one of the most recognisable London skyscrapers, is to be put up for sale. Property Week revealed that insurance firm W R Berkley is looking for around...

 Read Full Article
New York Cleaning Staff Urged To Use Paid Leave If Exposed To Coronavirus

According to an internal document leaked to The Guardian newspaper, cleaning staff at WeWork offices in New York are being asked to use annual or sick leave if they are...

 Read Full Article
Andron Facilities Management and BGIS Partner With JLL on Crown Estate Contract

The Crown Estate, and their managing agent JLL, has appointed Andron FM and BGIS for a range of services at properties across London’s Regent Street and St...

 Read Full Article
Churchill Retains Contract With JLL

Churchill Services, the soft service provider, will continue its partnership with JLL for five years. Churchill first worked with JLL in June 2015 on the JLL PAM...

 Read Full Article
London's Biggest Office-Growth Hotspot

Lambeth is set for London’s biggest increase in office space over the next decade with an estimated six million square feet of extra space for business set to be...

 Read Full Article
More Single-use Plastics to be Banned

Disposable plastic items including cutlery, plates and polystyrene are to be banned in England, as a result of the proposal put to consultation last year. The...

 Read Full Article
Serco and Equans Joint Venture Signs Maintenance Contract for Military Bases

VIVO Defence, a joint venture between Serco and EQUANS, has signed a new contract to maintain 1,066 operational buildings and 1,457 military family homes across 11...

 Read Full Article
Controlling FM Costs Roundtable with JLL

CAFM company JLL Technologies is interested in the voices of leaders in the FM private and public sectors – as such, a diverse board was invited to a roundtable...

 Read Full Article