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.

"Operators increase occupancy rates before further expansion expected in 2024"

"Professional and business services drive European office take-up in H1 2023"

"Capital markets are largely subdued. Office investment volumes remain suppressed as market conditions continue to support a wait-and-see approach from many investors. Negative sentiment in the US is spreading globally, weighing on investor appetite for offices, irrespective of the occupational backdrop"

"The US office sector remains the problem child of global commercial real estate"

"Rasheed Hassan, Head of Global Cross Border Investment, shares his views"

"Europe and Middle East average prime office yields moved out by an average of 18 bps during Q2 2023 as value add investment activity will dominate in H2 2023"

"Flight to quality prime space contributing to quarterly cost increase"

"Green premium emerges for European CBD offices post-Covid"

"The narrowing availability of prime stock is putting pressure on office leasing across European markets"

"Investment volumes in offices fell to a post-GFC low in the first quarter as a large pool of investors choose to sit out the current market uncertainty and wait for better times 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.