Adapting to Real Estate's New Normal: Trends in Leasing and Market Predictability | Christian Ulbrich, CEO, JILL GLOBAL. 00:10:00
Christian Ulbrich, global CEO of JLL, discusses the current dynamics in the real estate industry, emphasizing the impact of rising interest rates and unpredictable market conditions. He reflects on the challenges faced during the pandemic, including the shift towards shorter lease terms and the bifurcation in the leasing market between modern, high-demand properties and outdated buildings struggling to attract tenants.