JLL says credit liquidity lifts global commercial real estate bidding intensity

PUBT · 2d ago
JLL says credit liquidity lifts global commercial real estate bidding intensity
  • JLL flagged a rebound in global commercial real estate transactions as credit market liquidity strengthens, lifting buyer demand despite macro uncertainty.
  • Global Bid Intensity Index rose sharply in June, the strongest monthly improvement in a year; July logged the second-highest unique bidders.
  • Credit Intensity Index stayed above prior 2021 highs; July CII measured 112 despite easing loan-to-value levels since April.
  • Gap between lender competition and asset bidding peaked in May, then narrowed, signaling improved conversion of available debt into sales.
  • Rising U.S. bond yields kept borrowing costs elevated, sustaining bid-ask friction, with tighter-priced sectors such as multifamily most exposed.


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