Discover our Pan European market reports

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

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

€147bn were invested in commercial real estate over the 12 months to Q3 2024

We expect global GDP to grow by 2.9% y/y in 2024 and 2.8% y/y 2025. However, the balance in global growth is shifting.

After a torrid two years for European commercial real estate (CRE), when annual transaction volumes halved in almost all markets, we are beginning to see the light at the end of the tunnel.

€143bn were invested in commercial real estate over the 12 months to Q2 2024, which represents a 25 % decrease compared to Q2 2023.
 

Low momentum in take-up yet some signs of improvement in capital markets

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.