A powerful new commercial real estate liquidity cycle continues apace as a hyper-competitive debt market and expanding investor bidding pools signal a turning point for global property markets. This is according to JLL’s newly expanded suite of capital indicators, powered by the firm’s proprietary data — The Global Credit Intensity Index, which tracks active lenders and competitiveness of loan terms, and Global Bid Intensity Index, which measures real-time buyer activity. Drawing on JLL’s proprietary dataset of nearly $9 trillion investment sales bids and loan quotes, the combined indices offer a comprehensive, forward-looking view on commercial real estate capital markets activity across investment sales and credit markets.
Global credit competition soared to an all-time high in April, fueled by a massive wave of refinancing and large loan placements. With a near-record n
