JLL talks about perspectives, real estate market, and technology

As a SiiLA client for 4 years, we invited JLL for an interview about the market, future challenges of the company, perspectives, and also about the importance of data transparency for the real estate sector.

Check out the conversation with Caio Maia, Research and Strategy Coordinator at JLL.

- What are the company's perspectives for the next quarter of 2023?

We expect a slight growth in the high-end office market, with companies optimizing their occupancy and adopting hybrid/presential work policies. Meanwhile, the industrial market should present moderate growth due to companies oscillating between expansions and occupation readjustments, even after having experienced record absorption and new stock delivered in 2022.

- Regarding the market, is there anything specific we should pay attention to?

It's important to pay attention to both the domestic and foreign markets. The geopolitical scenario and the high interest rates in Brazil - and in several countries around the world - are challenging factors for companies' growth and can affect investors' appetite.

- What is the biggest challenge that the company faces or may face in this market?

In an uncertain scenario, many companies are still reviewing their occupancies and work models while trying to understand which path they should take for the coming years, facing a new economic policy.

- What is the importance of data transparency for the real estate market and how does JLL use SiiLA's database?

SiiLA, as a company that offers various analyses and information on the real estate market - such as investment information, movements, and even macroeconomic data from various markets - can assist in a better understanding of the sector. The information provided by SiiLA is incorporated into JLL's database, adding to the data captured and mapped by JLL given our extensive activity in the real estate market.

This combination composes reports and analyses that help JLL's clients and experts to understand more about real estate and provide a basis for decision-making processes.

Want to see more interviews with commercial real estate market players? Keep following SiiLA on social media and send your topic suggestion to us! Write to comunicacao@siila.com.br.