New insights from JLL's annual Corporate Capital Markets report reveal that corporate real estate disposals in EMEA reached €15.7 billion in 2024, showing signs of stabilisation despite continuing market challenges. While this represents a 10% decrease from 2023, it marks a significant slowdown in the pace of contraction compared to the previous year, which saw a 36% fall.
Traditional sectors showed signs of recovery, aligning with the gradual improvement seen in the broader commercial real estate market throughout the year as well as an increase in corporate M&A, so often a catalyst for sale and leasebacks. The industrial sector, where Private Equity sponsors are the most active, remained the largest contributor to corporate asset sales, growing 4% to reach €5.8 billion in asset sales. Office disposals, the second-largest sector, totalled €3.8 billion (+3%), while retail disposals retained third place with €3.3 billion (+ 8%) of sales.