www.us.jll.com
Open in
urlscan Pro
2.17.180.194
Public Scan
Submitted URL: http://gmp.jll.com/
Effective URL: https://www.us.jll.com/en/research/gmp
Submission Tags: falconsandbox
Submission: On July 01 via api from US — Scanned from DE
Effective URL: https://www.us.jll.com/en/research/gmp
Submission Tags: falconsandbox
Submission: On July 01 via api from US — Scanned from DE
Form analysis
1 forms found in the DOMPOST /en/trends-and-insights/research/global/gmp/_jcr_content/maincontent/responsivegrid/pagesection_90325044/experience-content/columnrow/column1667385622361/column-content/eloquaform.submit.json
<form id="eloqua-form--528715062" class="eloqua-form eloqua-form--two-column"
action="/en/trends-and-insights/research/global/gmp/_jcr_content/maincontent/responsivegrid/pagesection_90325044/experience-content/columnrow/column1667385622361/column-content/eloquaform.submit.json" method="post" tabindex="0" data-prepopulate=""
data-redirect-target="/content/dam/jll-com/documents/pdf/research/global/jll-global-real-estate-perspective-may-2024-summary.pdf" data-live="" novalidate="novalidate">
<input
value="eyJhbGciOiJBMTI4S1ciLCJlbmMiOiJBMTI4Q0JDLUhTMjU2IiwidHlwIjoiSldUIn0.otyAjBw8MHD6_ETiTK1rQJ8osYb3gqnq_H0KhZqNiX0k9EC8bP-FKA.TdWcPNCgRCRaqqkg4wbaFw.g0v_xv5YOJsfHRdEGIX9r3KktKOwU05W3fCTYimHiy4vzmx_EQNfbOrGNgeo0ZnSC2kTfTkIIeXuveNYuqc1CY96_YDVsS0L3FL28Z8-zbnm-_doTcd5eMTTQQbytM65gqSVNZCXWykgjGtKdhlkxTC6xzBco9Z2_A5xZwESq-nu9mAsJAYCGcbAW7QXBA6_XirxvhEg7YW-pcTcoIjjBLNAAQ-yJc9BDFTbM5FKV5UAggQRDXHmEHcCyKdLBnO_wv2nOeoXJk_GXzJOyelz9WxECkc3ZHbMgrGOqOOlEkDfk7DKtPrGruAOGi8WKBmau5jj5Uzi_FwgryR1ozNLSvHbfwWfok3Y4WawsPXLHVuNQ2BtZH9F_7QA9D6mfneUaK_QhmFtXWi17VYS0NJA3_INnsB6iOD8IM0mKxL9Smk.EnUZ2xHYS0cit5MDkx4Z_Q"
type="hidden" id="elqFormSubmissionToken" name="elqFormSubmissionToken">
<div id="elq-FormLastRow" class="page-path hide" path="/content/jll-dot-com/countries/amer/us/en/trends-and-insights/research/global/gmp">
<label class="elq-label"></label>
<input type="text" value="" tabindex="-1" autocomplete="off" style="width:100%;" class="elq-item-input">
</div>
<input type="hidden" name="pageTitle" value="Global Real Estate Perspective May 2024">
<input type="hidden" name="recaptchav3-token"
value="03AFcWeA73yRMA1Ye5RHveafXof6waAz9rDgvCGlkQ6OOCfucNnxKJEVeycPbdXy_-ccijljEiccEcNtYEyCPmiBhakmehkf7KLP8sTHCDXIMpA0hZTgvrSq3F5n3NmnbaPdGKiWlEBJ27j4Ot4F6xAaEyWBLtYFBroUE7vXFTiZGtYClLK4H1iqBNuX_3fYTyyF9hQGZyTafOyrGyvLpLFq9qAlEHH2iUOR3D6ijSgMa1SxOd1NKniYKwNk5np-E7x3pPTHvuNLtx5lpORGpw-SO4QO3lzNme2jibt56HcdIyAwdq8kmq8nJGWEMpeTM6zwb8d-fplhOi9d30CYCiufiaamreWoCcsQifrcaKDCG86Jg-ajaG-j8o1MWXZEycMEmBmDS7hv2cbLEVNr8jCqz6ZSLlEgEpd9KBEfowKhm8yrJ0Jae6DPG0GZjgQq6XqIEuisHnEH_B62F7vWuzcafETeWEhhWwpR5qrmmtZ23Frv4ck2Ax2-xnA1lr6XlB864YZBefD96Ul_Q5szKkTi6BBoanKj4ZUHY83lY7e2NqP64pSKDQK1nivReEoHpJ9BJtBpCsgbQJXny-2hCrBvXWdEDXzJlMOZB6Dt9oZPOSsMJD4FU4E14tdRoewVoXOI5Ym9-NK0Irr27iW6HAjwPNsFXjQO0UxEgG7xWuSnkTj9jPOKT5nRS-PfrQkN6YGk67cp8F4-u0HWzbpCmx8yr4f1eINXoJvX4ObvMxS_-N7Za5TQlexn0"
class="recaptchav3-token">
<input type="hidden" name="elqCustomerGUID" value="">
<input type="hidden" name="elqCookieWrite" value="0">
<input type="hidden" name="tencTicket" value="">
<input type="hidden" name="tencRandomString" value="">
<div class="textfield">
<div class="form-field text-field">
<label>
<span class="sr-only">First Name</span>
<input type="text" name="firstName" id="resource-1703695080" data-field-id="40425" data-internal-name="C_FirstName" placeholder="First Name ">
</label>
</div>
</div>
<div class="textfield">
<div class="form-field text-field">
<label>
<span class="sr-only">Last Name</span>
<input type="text" name="lastName" id="resource-1632168361" data-field-id="40426" data-internal-name="C_LastName" placeholder="Last Name ">
</label>
</div>
</div>
<div class="emailfield">
<div class="form-field email-field" data-required="">
<label>
<span class="sr-only">Email Address</span>
<input type="email" name="emailAddress" id="resource-214487875" data-field-id="40427" data-internal-name="C_EmailAddress" placeholder="Email Address *" required="">
</label>
</div>
</div>
<div class="textfield">
<div class="form-field text-field">
<label>
<span class="sr-only">Company</span>
<input type="text" name="company" id="resource-125279431" data-field-id="40428" data-internal-name="C_Company" placeholder="Company ">
</label>
</div>
</div>
<div class="selectfield">
<div class="form-field select-field">
<label>
<span class="sr-only">Country</span>
<select name="Country" placeholder="Country" id="resource-160897465" data-field-id="40479">
<option value="">Country</option>
<option value="AF">Afghanistan</option>
<option value="AX">Aland Islands</option>
<option value="AL">Albania</option>
<option value="DZ">Algeria</option>
<option value="AS">American Samoa</option>
<option value="AD">Andorra</option>
<option value="AO">Angola</option>
<option value="AI">Anguilla</option>
<option value="AQ">Antarctica</option>
<option value="AG">Antigua and Barbuda</option>
<option value="AR">Argentina</option>
<option value="AM">Armenia</option>
<option value="AW">Aruba</option>
<option value="AU">Australia</option>
<option value="AT">Austria</option>
<option value="AZ">Azerbaijan</option>
<option value="BS">Bahamas</option>
<option value="BH">Bahrain</option>
<option value="BD">Bangladesh</option>
<option value="BB">Barbados</option>
<option value="BY">Belarus</option>
<option value="BE">Belgium</option>
<option value="BZ">Belize</option>
<option value="BJ">Benin</option>
<option value="BM">Bermuda</option>
<option value="BT">Bhutan</option>
<option value="BO">Bolivia</option>
<option value="BQ">Bonaire, Sint Eustatius and Saba</option>
<option value="BA">Bosnia and Herzegovina</option>
<option value="BW">Botswana</option>
<option value="BV">Bouvet Island</option>
<option value="BR">Brazil</option>
<option value="IO">British Indian Ocean Territory</option>
<option value="VG">British Virgin Islands</option>
<option value="BN">Brunei Darussalam</option>
<option value="BG">Bulgaria</option>
<option value="BF">Burkina Faso</option>
<option value="BI">Burundi</option>
<option value="CV">Cabo Verde</option>
<option value="KH">Cambodia</option>
<option value="CM">Cameroon</option>
<option value="CA">Canada</option>
<option value="KY">Cayman Islands</option>
<option value="CF">Central African Republic</option>
<option value="TD">Chad</option>
<option value="CL">Chile</option>
<option value="CN">China Mainland</option>
<option value="CX">Christmas Island</option>
<option value="CC">Cocos (Keeling) Islands</option>
<option value="CO">Colombia</option>
<option value="KM">Comoros</option>
<option value="CG">Congo</option>
<option value="CK">Cook Islands</option>
<option value="CR">Costa Rica</option>
<option value="CI">Cote d'Ivoire</option>
<option value="HR">Croatia</option>
<option value="CU">Cuba</option>
<option value="CW">Curacao</option>
<option value="CY">Cyprus</option>
<option value="CZ">Czech Republic</option>
<option value="CD">Democratic Republic of the Congo</option>
<option value="DK">Denmark</option>
<option value="DJ">Djibouti</option>
<option value="DM">Dominica</option>
<option value="DO">Dominican Republic</option>
<option value="EC">Ecuador</option>
<option value="EG">Egypt</option>
<option value="SV">El Salvador</option>
<option value="GQ">Equatorial Guinea</option>
<option value="ER">Eritrea</option>
<option value="EE">Estonia</option>
<option value="SZ">Eswatini</option>
<option value="ET">Ethiopia</option>
<option value="FK">Falkland Islands</option>
<option value="FO">Faroe Islands</option>
<option value="FJ">Fiji</option>
<option value="FI">Finland</option>
<option value="FR">France</option>
<option value="GF">French Guiana</option>
<option value="PF">French Polynesia</option>
<option value="TF">French Southern Territories</option>
<option value="GA">Gabon</option>
<option value="GM">Gambia</option>
<option value="GE">Georgia</option>
<option value="DE">Germany</option>
<option value="GH">Ghana</option>
<option value="GI">Gibraltar</option>
<option value="GR">Greece</option>
<option value="GL">Greenland</option>
<option value="GD">Grenada</option>
<option value="GP">Guadeloupe</option>
<option value="GU">Guam</option>
<option value="GT">Guatemala</option>
<option value="GG">Guernsey</option>
<option value="GN">Guinea</option>
<option value="GW">Guinea-Bissau</option>
<option value="GY">Guyana</option>
<option value="HT">Haiti</option>
<option value="HM">Heard and Mcdonald Islands</option>
<option value="VA">Holy See</option>
<option value="HN">Honduras</option>
<option value="HK">Hong Kong SAR, China</option>
<option value="HU">Hungary</option>
<option value="IS">Iceland</option>
<option value="IN">India</option>
<option value="ID">Indonesia</option>
<option value="IR">Iran</option>
<option value="IQ">Iraq</option>
<option value="IE">Ireland</option>
<option value="IM">Isle of Man</option>
<option value="IL">Israel</option>
<option value="IT">Italy</option>
<option value="JM">Jamaica</option>
<option value="JP">Japan</option>
<option value="JE">Jersey</option>
<option value="JO">Jordan</option>
<option value="KZ">Kazakhstan</option>
<option value="KE">Kenya</option>
<option value="KI">Kiribati</option>
<option value="KW">Kuwait</option>
<option value="KG">Kyrgyzstan</option>
<option value="LA">Laos</option>
<option value="LV">Latvia</option>
<option value="LB">Lebanon</option>
<option value="LS">Lesotho</option>
<option value="LR">Liberia</option>
<option value="LY">Libya</option>
<option value="LI">Liechtenstein</option>
<option value="LT">Lithuania</option>
<option value="LU">Luxembourg</option>
<option value="MO">Macao</option>
<option value="MG">Madagascar</option>
<option value="MW">Malawi</option>
<option value="MY">Malaysia</option>
<option value="MV">Maldives</option>
<option value="ML">Mali</option>
<option value="MT">Malta</option>
<option value="MH">Marshall Islands</option>
<option value="MQ">Martinique</option>
<option value="MR">Mauritania</option>
<option value="MU">Mauritius</option>
<option value="YT">Mayotte</option>
<option value="MX">Mexico</option>
<option value="FM">Micronesia</option>
<option value="MD">Moldova</option>
<option value="MC">Monaco</option>
<option value="MN">Mongolia</option>
<option value="ME">Montenegro</option>
<option value="MS">Montserrat</option>
<option value="MA">Morocco</option>
<option value="MZ">Mozambique</option>
<option value="MM">Myanmar</option>
<option value="NA">Namibia</option>
<option value="NR">Nauru</option>
<option value="NP">Nepal</option>
<option value="NL">Netherlands</option>
<option value="NC">New Caledonia</option>
<option value="NZ">New Zealand</option>
<option value="NI">Nicaragua</option>
<option value="NE">Niger</option>
<option value="NG">Nigeria</option>
<option value="NU">Niue</option>
<option value="NF">Norfolk Island</option>
<option value="KP">North Korea</option>
<option value="MK">North Macedonia</option>
<option value="MP">Northern Mariana Islands</option>
<option value="NO">Norway</option>
<option value="OM">Oman</option>
<option value="PK">Pakistan</option>
<option value="PW">Palau</option>
<option value="PS">Palestine</option>
<option value="PA">Panama</option>
<option value="PG">Papua New Guinea</option>
<option value="PY">Paraguay</option>
<option value="PE">Peru</option>
<option value="PH">Philippines</option>
<option value="PN">Pitcairn</option>
<option value="PL">Poland</option>
<option value="PT">Portugal</option>
<option value="PR">Puerto Rico</option>
<option value="QA">Qatar</option>
<option value="RE">Reunion</option>
<option value="RO">Romania</option>
<option value="RU">Russia</option>
<option value="RW">Rwanda</option>
<option value="BL">Saint Barthelemy</option>
<option value="SH">Saint Helena, Ascension and Tristan da Cunha</option>
<option value="KN">Saint Kitts and Nevis</option>
<option value="LC">Saint Lucia</option>
<option value="MF">Saint Martin</option>
<option value="PM">Saint Pierre and Miquelon</option>
<option value="VC">Saint Vincent and the Grenadines</option>
<option value="WS">Samoa</option>
<option value="SM">San Marino</option>
<option value="ST">Sao Tome and Principe</option>
<option value="SA">Saudi Arabia</option>
<option value="SN">Senegal</option>
<option value="RS">Serbia</option>
<option value="SC">Seychelles</option>
<option value="SL">Sierra Leone</option>
<option value="SG">Singapore</option>
<option value="SX">Sint Maarten</option>
<option value="SK">Slovakia</option>
<option value="SI">Slovenia</option>
<option value="SB">Solomon Islands</option>
<option value="SO">Somalia</option>
<option value="ZA">ZA</option>
<option value="GS">South Georgia and the South Sandwich Islands</option>
<option value="KR">South Korea</option>
<option value="SS">South Sudan</option>
<option value="ES">Spain</option>
<option value="LK">Sri Lanka</option>
<option value="SD">Sudan</option>
<option value="SR">Suriname</option>
<option value="SJ">Svalbard and Jan Mayen</option>
<option value="SE">Sweden</option>
<option value="CH">Switzerland</option>
<option value="SY">Syria</option>
<option value="TW">Taiwan</option>
<option value="TJ">Tajikistan</option>
<option value="TZ">Tanzania</option>
<option value="TH">Thailand</option>
<option value="TL">Timor-Leste</option>
<option value="TG">Togo</option>
<option value="TK">Tokelau</option>
<option value="TO">Tonga</option>
<option value="TT">Trinidad and Tobago</option>
<option value="TN">Tunisia</option>
<option value="TR">Turkiye</option>
<option value="TM">Turkmenistan</option>
<option value="TC">Turks and Caicos Islands</option>
<option value="TV">Tuvalu</option>
<option value="VI">U.S. Virgin Islands</option>
<option value="UG">Uganda</option>
<option value="UA">Ukraine</option>
<option value="AE">United Arab Emirates</option>
<option value="GB">United Kingdom</option>
<option value="US">United States</option>
<option value="UM">United States Minor Outlying Islands</option>
<option value="UY">Uruguay</option>
<option value="UZ">Uzbekistan</option>
<option value="VU">Vanuatu</option>
<option value="VE">Venezuela</option>
<option value="VN">Vietnam</option>
<option value="WF">Wallis and Futuna</option>
<option value="EH">Western Sahara</option>
<option value="YE">Yemen</option>
<option value="ZM">Zambia</option>
<option value="ZW">Zimbabwe</option>
</select>
</label>
</div>
</div>
<div class="selectfield">
<div class="form-field select-field">
<label>
<span class="sr-only">Which department do you work for?</span>
<select name="dropdownMenu" placeholder="Which department do you work for?" id="resource-790513137" data-field-id="40429">
<option value="">Which department do you work for?</option>
<option value="Finance">Finance</option>
<option value="Real Estate">Real Estate</option>
<option value="HR">HR</option>
<option value="IT">IT</option>
<option value="Procurement">Procurement</option>
<option value="Sales and Marketing">Sales and Marketing</option>
<option value="General Management">General Management</option>
<option value="Other">Other</option>
<option value="Sustainability">Sustainability</option>
</select>
</label>
</div>
</div>
<div class="checkboxfield">
<div class="form-field checkbox-field">
<input id="resource-2119447698" data-field-id="checkbox-resource-2119447698" type="checkbox" value="singleCheckbox" name="singleCheckbox">
<label class="checkbox-label" for="resource-2119447698">
<span>I would like to receive communications from JLL.</span>
</label>
<label for="resource-2119447698" generated="true" class="error"></label>
</div>
</div>
<div class="recaptcha">
<div class="recaptchaV3" data-sitekey="6LduYLUaAAAAAIT1Db540dYsElXaZhtY5CdmnjQt"></div>
</div>
<div class="submitbutton"><button class="btn btn-primary cta-primary" type="submit"> Submit </button></div>
<div class="hiddenfield">
<input type="hidden" name="utm_medium" id="resource--650281715" data-value-provider="utm-medium" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="utm_source" id="resource--1524026068" data-value-provider="utm-source" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="utm_campaign" id="resource-1374274581" data-value-provider="utm-campaign" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="utm_term" id="resource-781904848" data-value-provider="utm-term" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="utm_content" id="resource--1604434253" data-value-provider="utm-content" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="utm_keyword" id="resource-1005727120" data-value-provider="utm-keywords" value="">
</div>
<div class="hiddenfield">
<input type="hidden" name="pageURL" id="resource--62819640" data-value-provider="page-url" value="https://www.us.jll.com/en/research/gmp">
</div>
<div class="hiddenfield">
<input type="hidden" value="Global Real Estate Perspective May 2024" name="pageTitle" id="resource-9011744" data-value-provider="page-title">
</div>
<div class="hiddenfield">
<input type="hidden" name="previousPageURL" id="resource--898372149" data-value-provider="prior-page-url" value="undefined">
</div>
</form>
Text Content
Skip to main content Research Global Real Estate Perspective May 2024 United States * Americas * Argentina * Brazil * Canada * Chile * Colombia * Mexico * Peru * United States * Europe Middle East and Africa * Belgium * Finland * France * Germany * Ireland * Israel * Italy * Luxembourg * Netherlands * Poland * Portugal * Saudi Arabia * Spain * Sub-Saharan Africa * Sweden * Switzerland * United Arab Emirates * United Kingdom * Asia Pacific * Australia * China (Mainland) * Chinese Taipei (Taiwan) * Hong Kong SAR, China * India * Indonesia * Japan * Korea * Macau SAR, China * Malaysia * New Zealand * Philippines * Singapore * Sri Lanka * Thailand * Vietnam United States * Americas * Argentina * Brazil * Canada * Chile * Colombia * Mexico * Peru * United States * Europe Middle East and Africa * Belgium * Finland * France * Germany * Ireland * Israel * Italy * Luxembourg * Netherlands * Poland * Portugal * Saudi Arabia * Spain * Sub-Saharan Africa * Sweden * Switzerland * United Arab Emirates * United Kingdom * Asia Pacific * Australia * China (Mainland) * Chinese Taipei (Taiwan) * Hong Kong SAR, China * India * Indonesia * Japan * Korea * Macau SAR, China * Malaysia * New Zealand * Philippines * Singapore * Sri Lanka * Thailand * Vietnam * Properties * Find properties - Browse properties for sale or lease that fit your location and unique needs. Need help deciding on a location? Need to identify the right space for you? * Investment properties Find the right property to add to your investment portfolio. Leasing space Find commercial properties for lease across the US. Property auctions A market place for commercial real estate live global auction events. * Capital Markets * Capital Markets & investor services - Explore investment sales, advisory, and financing for all commercial property types. Explore all Capital Markets services * Investment sales & advisory Debt advisory Equity advisory Capital Markets quants Property management Agency lending Derivative advisory Distressed asset services Loan sales Value & risk advisory * Leasing * Leasing - Invest in or lease property, and create environments that attract tenants, employees, or buyers. Need to identify the right space for you? * Find a broker Find a real estate broker in your area. Agency leasing Improve value through positioning, marketing and leasing of vacant space in owned assets. Lease administration Strategically manage critical lease events and terms. Tenant representation Find spaces and negotiate lease terms to help your business thrive. * Occupier services * Occupier services - Access solutions for retaining talent, enhancing employee experience, and reducing costs that improve productivity and optimize spaces for occupiers. Explore all occupier services * Portfolio management Occupancy & space planning Location strategy Tenant representation Workplace strategy Project management Design solutions Infrastructure advisory Construction management Relocation & move management Integrated facilities management Engineering & operations Experience services Smart buildings * Technology * Technology - Explore better ways to find, grow and run commercial properties with our innovative portfolio of real estate technology. Explore all JLL technologies * Tech-powered solutions See how JLL pairs technology with unmatched real estate services and expertise. Intelligent real estate products Visit jllt.com to explore the tech products that are defining the future of real estate. AI for commercial real estate Learn how JLL is harnessing generative AI to deliver greater client outcomes. * Sustainability * Sustainability - Accelerate your journey to become a more sustainable, more resilient, more responsible enterprise with sustainability solutions from JLL. * Sustainability services Get financial, environmental, and social returns with sustainability solutions. Sustainability at JLL Download our ESG Performance Report and learn about our sustainability program. * Industries * Industries - Address your industry’s unique needs and support your organization’s strategy with data-driven real estate solutions. * Alternatives Contact centers Data centers Education Financial services Food and beverage Government Healthcare Hotels & hospitality Industrial Law firms Life sciences Media, sports, and entertainment Multifamily Office Retail Seniors housing Technology * Explore JLL * Your needs * Trends & insights * Client stories * News * Careers * People finder * About us Find out how we offer brighter ways of thinking across the globe for our colleagues, clients and communities. Your needs Find valuable services to support your business at every stage of your journey. * Find & lease space * Design & deliver projects * Invest in real estate * Manage property & portfolio * Transform with technology Trends & insights Stay up to date with the market trends shaping the future of real estate. * Cities * Investor * Workplace * Webinars * Research View all insights Client stories Find out how we create brighter ways of working with our partners around the globe. Explore all client stories * Saxony Capital Management creates value through creative financing Successful execution included both Debt and Equity Advisory * ADOC’s timeless transformation opens doors for continued growth in Central America Providing unmatched service and a transformative shopping experience at the ADOC and PAR2 footwear stores News Find media contacts, and get access to commercial real estate news and announcements. Get the news * Parents boost their back-to-school budgets this season According to JLL’s new Back-to-School Survey results, parents plan to spend 21.8% more on back-to-school shopping this year, signaling positive implications for retail sales and a successful shopping season. * JLL Capital Markets continues to expand its Debt Advisory team with key promotions JLL promotes Jimmy Calvo and Joshua Odessky to Directors on Debt Advisory team in Miami, specializing in debt & equity advisory for property types. Careers Create a brighter future with a career in real estate. * Explore life at JLL We empower you to shape a brighter way forward. Learn more about working at JLL. * Join our talent network Enhance your job search, speed up the application process or simply learn more about life at JLL. * Learn about our culture Our respect for one another creates an environment where everyone’s voice is heard. Apply for a job People finder Find experts ready to help solve your commercial real estate challenges. * Search by name or location Find an expert by name or by state, province, or city. * Search by industry or service Find an expert unique to your industry or business objectives. Find an expert About us Find out how we use technology & expertise to create a brighter future for all. * About JLL Find out how we shape the future of real estate for a better world. * Investor relations Explore our annual report and latest corporate information. * JLL leadership Get to know JLL's global leadership team. * Locations Find real estate services, solutions and partners at JLL locations near you. * Contact * Contact us We combine technology with global expertise to solve any real estate challenge. Let us know what you're interested in and we'll get back to you shortly. Contact us * Find an expert With over 10,000 experts across the globe, we're ready to help you buy, build, occupy, and invest in commercial real estate assets. Find an expert * Find a location We have over 300 offices in every major city around the world. Find out more about our experise in your region, state, or city. Find a location Trending Searches * Workplace strategy * Market trends * Industrial outlook GLOBAL REAL ESTATE PERSPECTIVE MAY 2024 A MIXED OUTLOOK, WITH MOMENTUM GRADUALLY BUILDING THROUGH THE REST OF THE YEAR EXPLORE PROPERTY SECTORS AND THE OUTLOOK FOR GLOBAL REAL ESTATE MARKETS Explore Sectors The global economy’s resilience continued in the first quarter of 2024, despite geopolitical uncertainty and shifts to the interest rate outlook. Growth remains subdued by historic standards, but as inflation eases further and the timing of policy rate reductions becomes clearer, momentum should build through the second half of the year and into 2025. Signs of a continued gradual improvement in activity were evident in office markets, with global leasing volumes rising by 7% from the previous year. In the logistics sector fundamentals cooled across regions during the quarter as occupiers remain cautious, although the outlook for the full year is positive, with rising inquiries in major markets. Robust retail and hospitality demand has carried over into early 2024, boosted by growing international travel and rising real wages. GLOBAL REAL ESTATE HEALTH MONITOR PRICE DISCOVERY CONTINUES BUT IS BELIEVED TO BE STABILIZING IN SELECT MARKETS EXPLORE MORE ABOUT GLOBAL CAPITAL MARKETS Investment Investor sentiment has been relatively mixed but stable, with some improvement evident during the first quarter. Debt market conditions continued to improve in early 2024, both in pricing and liquidity. Markets saw notable evidence of spread compression during the first quarter across the U.S. and parts of Europe and Asia. However, since the close of the quarter, the release of the March inflation numbers in the U.S. are putting into question when and if the Fed will cut rates this year. Rate cuts in Europe could begin as early as June, an early signal of a divergent rate policy relative to the Fed. Investor propensity to transact is greater in markets where price adjustments are more transparent. Pricing is believed to be stabilizing in the U.S. and UK for core product. In Asia Pacific and parts of Europe, investors remain concerned about further price adjustments, in particular where there is less alignment between buyers’ and sellers’ expectations and a lack of transactional evidence. Price adjustments in Asia Pacific to-date are coming through most quickly in Australia and South Korea. More buyers are active in the U.S. and UK markets, a function of increasing confidence in pricing levels and a fear of missing out on opportunities. While less evident in closed transactions to date, an uptick in cross-border interest is evident in bidding activity. As a result, there has been an increase in JLL’s Global Bid Intensity Index across most sectors in early 2024, with dynamics stronger for the logistics and living sectors. However, the bid-ask spread remains, indicating the need for further price discovery and an increase in transaction activity to close the value gap. EXPLORE SECTORS Investment Closed deal activity remained below potential in Q1 Office Gradual improvement in demand continues Retail Mixed performance across global retail markets Logistics Positive outlook despite slowdown in early 2024 Hotels Hotel performance continues to strengthen Living Tentative signs of improving investment activity Global Office Market Dynamics The latest global office market dynamics Summary Return to the Global Real Estate Perspective homepage DOWNLOAD REPORT Please download the summary report. The full Global Real Estate Perspective report is available on request, please contact the team below to find out more. First Name Last Name Email Address Company Country Country Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Canada Cayman Islands Central African Republic Chad Chile China Mainland Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Cook Islands Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Democratic Republic of the Congo Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard and Mcdonald Islands Holy See Honduras Hong Kong SAR, China Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Korea North Macedonia Northern Mariana Islands Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Barthelemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon Islands Somalia ZA South Georgia and the South Sandwich Islands South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkiye Turkmenistan Turks and Caicos Islands Tuvalu U.S. Virgin Islands Uganda Ukraine United Arab Emirates United Kingdom United States United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Venezuela Vietnam Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Which department do you work for? Which department do you work for? Finance Real Estate HR IT Procurement Sales and Marketing General Management Other Sustainability I would like to receive communications from JLL. Submit PRIVACY NOTICE Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of dealing with your enquiry. We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement. WANT TO LEARN MORE? Get in touch with our research team to find out how we can support your real estate strategy with market insights and strategic advice. Let's talk Matthew McAuley Global Property Sectors Research Director * * Sean Coghlan Global Head of Research, Capital Markets * * Benjamin Breslau Global Chief Research Officer * * Julia Georgules Head of Americas Research * * Tom Carroll Head of EMEA Research * * Roddy Allan Chief Research Officer, Asia Pacific * * Contact us * Find & lease space * Property management * Design & deliver projects * Invest in real estate * Transform with technology * Industries & sectors * Trends & insights * Information for vendors * About JLL * Careers * Newsroom * Sustainability * Investor relations * Contact us Follow us * * * * Copyright 2024 Jones Lang LaSalle IP, Inc. * Privacy statement * Privacy commitment * Terms of service * Cookie statement * Vulnerability disclosure * Site map WE USE COOKIES TO ENHANCE YOUR USER EXPERIENCE. You can accept all cookies or customize settings to change your preferences. Learn more in our Cookie Statement. Accept All Customize Settings CUSTOMIZE COOKIE SETTINGS When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. View Cookie Statement ESSENTIAL Always Active Without these cookies, our website may not work properly. These cookies are strictly necessary for JLL sites to ensure security, ease of use and functionality. Others provide you with services available across our websites and are needed to use some of its features. ANALYTICS Analytics Analytics cookies are used to understand how visitors use our website. This includes capturing visitors’ location, how pages are browsed, patterns and preferences within their journey, time spent on site, and additional data that helps us improve your experience. Some of these include third party cookies used by external companies, which provide a service to JLL, and are implemented to provide you with a quick and seamless personalised experience. PERFORMANCE AND FUNCTIONAL Performance and Functional We use performance & functional cookies to further improve our website in order to always provide you with the best possible online experience. For example, to ensure the speed of our web pages, enable video content and faster browsing. These technologies are not always essential but without these cookies, certain website functionality may become unavailable. Some of these cookies are third party cookies used by third party companies which provide a service to JLL. ADVERTISING AND MARKETING Advertising and Marketing Advertising and marketing cookies are used to limit the number of times you see an advert, to show you adverts relevant to you, and to help measure the effectiveness of marketing activities. These cookies can be third party cookies used by third party companies, which provide a service to JLL. Among others, they include social media cookies. Advertising and Marketing cookies can be utilised to build a profile of your interests based on the browsing information they collect from you, which includes identifying your browser and terminal equipment. If you do not allow these cookies you will get a less targeted experience. Back Button COOKIE LIST Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label View Cookie Statement SaveEnable All and Save