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Investor bidding for commercial real estate hits strongest pace in a year
JLL said macro uncertainty and ongoing volatility are still showing up in the broader economy, yet competition for deals is intensifying.
Commercial real estate investors are facing their strongest competition for bids in a year, despite persistent macro uncertainty and volatility, according to JLL, CNBC Markets reported.
The growth in bidding highlights that buyers are still actively competing for properties even as broader economic conditions remain choppy.
CNBC Real Estate cited the same JLL view, pointing to rising investor interest as the key shift behind the past year’s strongest pace.