MAŁGORZATA FIBAKIEWICZ APPOINTED THE CHIEF EXECUTIVE OFFICER OF BNP PARIBAS REAL ESTATE POLAND
BNP Paribas Real Estate Poland is pleased to announce the appointment of Małgorzata Fibakiewicz as Chief Executive Officer.
BNP Paribas Real Estate Poland is pleased to announce the appointment of Małgorzata Fibakiewicz as Chief Executive Officer.
Retail investment (€37.0bn) remained relatively stable compared to last year’s volumes.
Investment market: retail real estate demonstrates resilience
Over the past 12 months, commercial real estate investment in Europe has increased by 10%, despite a more subdued first quarter (-7% compared to Q1 2025).
The European residential investment volume reached €12.0bn in Q1 2026, an increase of 21.2% compared to Q1 2025.
EUROPEAN OFFICE MARKET: A CAUTIOUS START TO THE YEAR FOR BOTH OCCUPIERS AND INVESTORS
Following a rebound in confidence at the end of 2025, the European office market stalled in Q1 2026. In a context of economic and geopolitical uncertainty, take-up declined by 16% year-on-year, driven by a slowdown in large transactions, while investment volumes fell by 13%. The start of the year has been marked by caution, with both occupiers and investors adopting a more selective approach.
The hotel market is increasingly attractive, reflected in sector gains in commercial real estate market share;
Total investment in European commercial real estate over the last twelve months to the end of March 2026 amounted to just over €181 billion, an increase of 10% year-on-year.
In a context of slow economic growth and strong geopolitical uncertainty, there are contrasting trends across Europe. The lack of new developments remains supportive of rental growth in prime sectors.
Against an uncertain economic and financial backdrop, occupiers continue to favour smaller and high-quality space.
At €36.4bn the European investment volume is -16% below the five-year average this quarter.