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.

"London and Top 7 German office markets remain most attractively priced"

"Rising interest rates and debt costs continue to put pressure on yields"

"European office occupancy rates continue to recover"

"Inflation of additional costs is becoming a key factor for firms looking to take prime office space while hybrid working continues to change the world of work"

"Stabilising vacancy rents continue to support rental growth across European cities"

"Eurozone inflation will eat into real rental growth"

"Rising construction costs begin to squeeze developer margins amid occupier shift to more sustainable office space"

"Office occupiers are monitoring rising costs as they continue to demand top quality spaces to encourage workers to return to the office"

"Savills Research investigates how remote working is likely to impact future office demand across Europe, with German and Nordic cities expected to remain most resilient"

"Yields return to pre-pandemic level"
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.