PAN-EUROPEAN RESEARCH

The global economy has proved resilient in the face of strong economic headwinds.
We expect global GDP to grow by 2.9% p.a. in 2024 and 2025.

One of the most enduring aftereffects of the pandemic is the increased preference for remote work, leading to a drop in office space per...

Market fundamentals remain healthy with vacancy rates below 5% in most countries. The lack of new developments remains supportive...

With a global reset in financial conditions, no country can escape consequences, no matter how large the domestic market is. More so these days for Europe given the international nature of real estate investment.

€32.7bn were invested in Europe over Q1 2024 which represents a 10% decrease versus Q1 2023. This is the lowest level for a Q1 since 2011.

The real estate cycle that began with the GFC in 2008 explicitly came to an end in 2023. What was notable about the end to this cycle was its elongated nature: drawing the cycle to a close took an entire year.

Transaction volumes have returned to 2019 levels. Market fundamentals remain healthy with low vacancy rates in most countries and...

The latest economic data paint a mixed picture. In both the Eurozone and the US, the signal from most confidence surveys in December is encouraging. But it is still too early to conclude to a bottoming out.