All interview questions

JLL interview questions

Other

7 questions reported in JLL interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.

Questions

7

Easy · Medium

5 · 2

Hard

0

Model builds

0

Built in the spreadsheet grid

Asset Management

Leasing spreads, capex programmes, refinancing and hold-sell analysis. 6 questions

How Do You Identify and Implement Expense Reductions?

Easy

Expense reduction directly improves NOI. This tests operational management skills.

What are the common opportunities to reduce operating expenses in commercial real estate, and how do you implement them without hurting tenant satisfaction?

Real Estate Analysis · Real Estate PE · ~7 minModel answer & graded attempt

How Do You Improve Tenant Retention?

Easy

Tenant retention is critical to stable NOI. This tests understanding of landlord-tenant dynamics.

What strategies do you use to improve tenant retention, and how do you measure their effectiveness?

Real Estate Analysis · Real Estate PE · ~7 minModel answer & graded attempt

How Is Technology Changing Real Estate Asset Management?

Easy

PropTech is transforming real estate. This tests understanding of technology adoption.

What technologies are impacting real estate asset management, and how do they improve property performance?

Real Estate Analysis · Real Estate PE · ~7 minModel answer & graded attempt

Operating Expense Recoveries and the Reconciliation

Easy

Common in office and retail asset-management interviews because recoveries determine whether an apparent expense overrun reaches NOI.

In a multi-tenant office building, annual controllable operating expenses are $1.20 million. A tenant occupies 10% of the building and its lease requires reimbursement of its pro-rata share of…

Real Estate Analysis · Real Estate PE · ~8 minModel answer & graded attempt

What Are the Key Property Management KPIs?

Easy

The foundational asset management question. You can't manage what you don't measure.

What are the key performance indicators you track for property management, and what do they tell you about asset health?

Real Estate Analysis · Real Estate PE · ~7 minModel answer & graded attempt

Underwrite a Property Tax Appeal

Medium

An asset-management case after a reassessment creates an unbudgeted NOI shortfall.

A suburban office asset has $8.0 million of annual NOI before property tax. Its tax bill rises from $1.20 million to $1.65 million after a reassessment, while the budget assumed no increase.…

Real Estate Analysis · Real Estate PE · ~11 minModel answer & graded attempt

Acquisitions

Cap rates, NOI, going-in versus exit yield and levered returns. 1 question

Normalising Comparable Property Sales

Medium

A live underwriting exercise testing whether an analyst can turn transaction data into a credible bid range.

You have three comparable office sales, but one has a long lease to an investment-grade tenant, one is 25% vacant and one includes a parking garage with separate income. How would you use them to…

Real Estate Analysis · Real Estate PE · ~10 minModel answer & graded attempt

Practise the JLL set under interview conditions.

Write your answer, get it graded on technical accuracy, completeness and communication, and see exactly which mechanic you missed.

Company tags reflect where a question type is commonly reported in interviews. They are not sourced from, endorsed by, or affiliated with JLL.