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Real estate
Q1 2026 Global Trends and Tactics:
Real estate opportunities and risks in the current environment
European markets demonstrate resilience with stable investment volumes and improving sentiment positioning for stronger 2026 performance
- European investment market volumes expected to reach €215 billion in 2025 (up 9% year-over-year), demonstrating resilience amid global uncertainty as GDP growth expanded by 1.5% and improving sentiment signals recovery potential ahead
- Occupier markets remain robust with supply discipline maintaining favorable balance — rental growth continues positive across all sectors, particularly benefiting prime CBD offices where vacancy rates stay circa 10% below 25-year averages and retail where investor interest has turned positive for first time in seven years
- Strategic opportunities emerging in German real estate on attractive relative pricing, neighborhood retail with limited supply risk, and purpose-built student accommodation where investment volumes surged 48% driven by sustained international enrollment growth across continental Europe
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