Funding & Business
JLL CEO Ulbrich on the Global Commercial Real Estate Landscape
JLL is a Fortune 200 company and one of the largest consultancies in the world, specializing in real estate and investment management. JLL generates $23.4 billion in annual revenue, with a global workforce of over 112,000 across 80+ countries. The commercial real estate giant has seen office leasing activity worldwide increase both quarterly and year-over-year, with first-half volumes in 2025 reaching their highest level since 2019.
Christian Ulbrich, President and CEO of JLL, discusses the signs of stability and explains why he sees cause for cautious optimism heading toward the end of the year. Christian speaks with Bailey Lipschultz and Katie Greifeld on Bloomberg Businessweek Daily. (Source: Bloomberg)
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Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
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Orix Corp.’s real estate investment unit has raised the target size of one of its funds by 33%, reflecting rebounding Japanese institutional investor demand for property market deals.
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China’s economy likely endured another month of weakness in August, with a slowdown in industrial output and investment offsetting a slight improvement in retail sales.
Official data due Monday will show factory production increased 5.6% in August from a year earlier, down from a 5.7% gain in the previous month, according to the median forecast in a Bloomberg survey. Retail sales growth is expected to pick up slightly to 3.8% after the weakest gain all year, while fixed-asset investment probably had its slowest expansion in almost half a decade.
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