Discover our Pan European market reports

One of the most enduring aftereffects of the pandemic is the increased preference for remote work, leading to a drop in office space per employee.

Market fundamentals remain healthy with vacancy rates below 5% in most countries. The lack of new developments remains supportive of rental growth in prime sectors although weaker demand offsets its momentum.

With a global reset in financial conditions, no country can escape consequences, no matter how large the domestic market is. More so these days for Europe given the international nature of real estate investment.

€32.7bn were invested in Europe over Q1 2024 which represents a 10% decrease versus Q1 2023. This is the lowest level for a Q1 since 2011

The real estate cycle that began with the GFC in 2008 explicitly came to an end in 2023. What was notable about the end to this cycle was its elongated nature: drawing the cycle to a close took an entire year.

Transaction volumes have returned to 2019 levels. Market fundamentals remain healthy with low vacancy rates in most countries and the lack of new developments still contribute to rental growth in prime sectors.