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Letting in the 18 main European office markets amounted to 3.99 million sqm over H1 2025 (+6% y.o.y). 

€76.7bn was invested in commercial real estate over the first half of 2025, a small increase on H1 last year.
 

The residential investment volume in Europe showed positive signs in Q1 2025, with the highest Q1 investment volume reaching €8.9bn since Q1 2022.

Total investment for Q1 2025 amounted to €162bn showing a solid +22% year-on-year increase. 
 

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. 

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

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

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.