JLL Says CRE Transactions Revive as July Bidders Hit 2nd-Highest Level
Updated
Updated · PR Newswire · Aug 25
JLL Says CRE Transactions Revive as July Bidders Hit 2nd-Highest Level
3 articles · Updated · PR Newswire · Aug 25
Summary
July drew the second-highest number of unique bidders in JLL’s index history, extending a rebound in global commercial real estate deal activity after June posted the strongest monthly bidding improvement in a year.
Credit liquidity is driving that pickup: JLL said its Credit Intensity Index reached 112 in July and remains materially above 2021 record highs, showing lenders are still competing harder than buyers.
The gap between lender competition and property bidding, which peaked in May, is now narrowing — a sign that abundant financing is increasingly converting into completed transactions.
U.S. bond yields remain a key risk because higher borrowing costs are pressuring bid-ask spreads, especially in tightly priced sectors such as multi-housing.