The broad- based, albeit slow, recovery occurring over the past two years, experienced a loss in momentum in Q1 2026. Total CRE volume decreased by - 7% compared to the same period last year.
The main asset classes posted annual volume declines ranging between 10% and 20%. This trend reflects a marked return of investor uncertainty in the face of the macroeconomic context. Uncertainty is freezing liquidity again with bid- ask spreads showing widening signs . Added to this are expectations of inflationary pressure with potential for rate hikes;