Spotlight: European Office Development
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
Read now![](https://research.euro.savills.co.uk/_images/euro-office-dev-jun24-main.jpg)
We pride ourselves on our in-depth property research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right property decisions.
Rising construction costs squeeze developer margins, but rental growth outlook remains positive
Read nowSavills presents the Portugal Real Estate Market Overview | Q1 2024, providing you a detailed analysis of the performance of the national real estate market during the first quarter of the year.
Read now"Over €12bn to be invested in PBSA over the next two to five years, led by Spain, Italy, Germany, France, and Portugal"
"We anticipate increasing activity driven by opportunity-led investors enticed by the prospect of price adjustments, as history shows that deals pursued during challenging times often yielded superior returns in the long run"
"We expect investment activity to remain subdued in Europe until the second half of the year when the economy will slowly start to pick up"
"Bright spot found in southern Europe"
"There is continued strong investor interest in Purpose Built Student Accommodation (PBSA) across Europe, driven by rising total numbers of students attending university and a strong growth in international student numbers."
"Preliminary results suggest that the total investment volume for Q2 will reach slightly less than €60bn"
"Towards the end of 2022, we expect to see the next wave of portfolio transactions, as the first generation of developers and operators will be ready to sell their assets and exit"
"Recent market activity reflects a shift in investor behaviour, in terms of sectors and attitude to risk, compared to pre-Covid-19 times"
"Global migration and mobility: implications for operational real estate"
"International migration is predicted to return to pre-pandemic levels by 2024"