Market in Minutes: European Investment Nowcast – Q3 2026 preliminary results
Stronger economies are supporting property income, but renewed rate pressure is keeping the recovery selective, prime-led and regionally uneven.
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Stronger economies are supporting property income, but renewed rate pressure is keeping the recovery selective, prime-led and regionally uneven.
Read now
A confidence shock, a quarter on mute.
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European office markets remained resilient in Q1 2026, with take-up broadly in line with recent trends and vacancy stable at 9.4%, while a sharp decline in future completions points to tightening supply and rental growth.
Spotlight: European Office Development
European office markets remained resilient in Q1 2026, with take-up broadly in line with recent trends and vacancy stable at 9.4%, while a sharp decline in future completions points to tightening supply and rental growth.
Stronger for longer: The region’s recent outperformance is increasingly underpinned by structural factors
Spotlight: Southern Europe Investment – 2026
Stronger for longer: The region’s recent outperformance is increasingly underpinned by structural factors
European investment activity is set to rise by 6% YoY to €52 billion in Q1. Global capital is returning, albeit not yet at full speed, and confidence is gradually building. As a result, full-year investment volumes are forecast to increase by around 16%, with a further 17% growth expected in 2027.
European Investment Nowcast – Q1 2026 preliminary results
European investment activity is set to rise by 6% YoY to €52 billion in Q1. Global capital is returning, albeit not yet at full speed, and confidence is gradually building. As a result, full-year investment volumes are forecast to increase by around 16%, with a further 17% growth expected in 2027.
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"De europæiske kontormarkeder viste fortsat robusthed i 1. kvartal 2026, hvor udlejningen lå nogenlunde på niveau med de seneste tendenser, og tomgangen forblev stabil på 9,4 %. "

"Training defines today's AI boom, but inference will determine the long-term infrastructure requirements."

"Another energy shock tests the resilience of European logistics occupiers and investors."

"European office markets remained resilient in Q1 2026, with take-up broadly in line with recent trends and vacancy stable at 9.4%, while a sharp decline in future completions points to tightening supply and rental growth."
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"Vacancy across Copenhagen’s high streets continues to tighten, now approaching historically low levels. Following comprehensiverefurbishments and the entry of several established brands, the vacancy rate has declined to approx. 6%."

"Stronger for longer: The region’s recent outperformance is increasingly underpinned by structural factors"

"Growth of data centre market across Europe to create an 8.5 million sq ft ripple effect for logistics"

"European investment activity is set to rise by 6% YoY to €52 billion in Q1. Global capital is returning, albeit not yet at full speed, and confidence is gradually building. As a result, full-year investment volumes are forecast to increase by around 16%, with a further 17% growth expected in 2027."

"European office demand held steady in 2025, with vacancies at 9% and incentives tightening, and take-up forecast to grow 3% in 2026."
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"Economic outlook: After a year of turbulence, economic conditions point to growth in the industrial and logistics sector"