Spotlight: European Investment – Q1 2025 Preliminary Results and Forecasts
Despite short-term hurdles, the European real estate market is set to grow, with investment volumes expected to rise 13% YoY in 2025 and 25% in 2026
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Despite short-term hurdles, the European real estate market is set to grow, with investment volumes expected to rise 13% YoY in 2025 and 25% in 2026
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European office demand held steady in 2025, with vacancies at 9% and incentives tightening, and take-up forecast to grow 3% in 2026.
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European office investment set for 2026 rebound

Spotlight: European Office Investment – Q4 2025
European office investment set for 2026 rebound
Europe’s grocery sector will remain resilient, but growth is modest — leaving cost discipline, format agility and balance‑sheet strength as the key drivers of outperformance.

European grocery market outlook
Europe’s grocery sector will remain resilient, but growth is modest — leaving cost discipline, format agility and balance‑sheet strength as the key drivers of outperformance.
The beginnings of a descent in global interest rates during 2024 have brought a resurgence in some prime residential markets.
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Spotlight: Monaco – 2025
The beginnings of a descent in global interest rates during 2024 have brought a resurgence in some prime residential markets.

"Investor interest surges as the lines between hospitality and residential blur"

"2024, the turning point for transactional activity"

"Will Europe reclaim its throne in 2024?"

"How are luxury hotels expanding their offering within the ski resort sector?"

"Operational recovery looks to be gathering pace despite weakening consumer sentiment due to inflationary concerns, but we could see this momentum slow in 2023"

"Preliminary figures that the total real estate investment volume in Europe for the first quarter of the year will reach approximately €70bn, with €300–330bn forecast for the full year"

"Are Swedish investors wielding Thor’s hammer?"

"Yields return to pre-pandemic level"

"ESG is now at the top of the agenda and hotels need to change, with much of the change to be driven by evolving consumer, investor and debt preferences"

"Altered priorities ahead?"
Exploring the global trends shaping the world of real estate, the 2025 edition of Impacts looks at why real estate needs to adapt and think differently given existing geopolitical, environmental and economic volatility.