Demand for office space stabilized in Europe in 2024. The overall result remained below the long-term average (-15%). 

Industrial & logistics investment hit its lowest point in 2023 and has been picking up in 2024. This reflects an improvement in financial conditions. 

Total investment for 2024 amounted to €157bn showing a solid +21% year-on-year increase. Q4 stood out, with a quarterly increase of +50% compared to Q3 2024.

This year will be an inflection point for European real estate markets. The macroeconomic environment remains uncertain and long-term interest rates are likely to remain elevated.

Office letting activity held firm in the first quarter of 2025, with take-up rising by 6% compared to the same period last year.

The hotel market is increasingly attractive, reflected in sector gains in commercial real estate market share.

€154.4bn were invested in commercial real estate over the year, establishing 2024 as the start of market recovery with a +18% annual...

Over Q1 2025, the market increased by 2% in the leading European markets compared to Q1 2024. In a context of slow economic activity and strong political uncertainties, there are great disparities within Europe. 

€36bn were invested in commercial real estate over the first quarter of 2025, marking a steady performance compared to the same period last...

Year-to-date investment in European commercial real estate reached €111.3bn in Q3, continuing the asset’s pattern of elongated...