The JLL 2025 Global Real Estate Outlook highlights several key predictions for the coming year. Firstly, supply shortages across various property types, especially in North America and Europe, are expected to worsen due to declines in new construction amid high costs and labor shortages. Investors in 2025 may benefit from an early-mover advantage, with increased competition for high-quality assets as supply tightens. Corporate confidence is growing, leading to increased space requirements, especially for office sectors, as hybrid work models evolve. As the demand for sustainability and decarbonization accelerates, real estate owners will focus on retrofitting and energy efficiency. Overall, while opportunities will arise, market participants must adapt to uncertainty, geopolitical risks, and volatility to thrive.

Source: JLL Research – January 2025