After a torrid two years for European commercial real estate (CRE), when annual transaction volumes halved in almost all markets, we are beginning to see the light at the end of the tunnel.

€143bn were invested in commercial real estate over the 12 months to Q2 2024, which represents a 25 % decrease compared to Q2 2023.

Letting markets have generally held up well despite weak economic growth. In H1 2024, the market decreased by 5% versus H1 2023.