Jones Lang On The Global Commercial Real Estate Picture: Positive Overall

JLL Global CRE Presentation 2013I

n a recent webinar conducted by Jones Lang LaSalle, analysts predicted commercial real estate would continue to perform well on whole, with most major international metropolitan areas growing in the 0-5% range this year.  Slides from the webinar are included for download below.

Selected highlights from the JLL May 2013 webinar:

  • Leasing volumes remain flat, with corporate tenants exercising caution
  • Yet, transaction volumes are up 20% across the board
  • Office rents are falling in Amsterdam, Paris CBD, Beijing and Milan
  • Office rents have bottomed out in Chicago, Sydney, Brussels and Washington DC
  • Asia-Pacific office leasing activity year over year is down an alarming 20%, yet the gloabl picture remains “flat”
  • Of Europe, Asia-Pacific and the US, consumer confidence is highest in Asia-Pacific

And more — to see the full presentation slide stack, download from Jones Lang here.

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