Spotlight: European Office Investment – Q4 2025
European office investment set for 2026 rebound
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European office investment set for 2026 rebound
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"2025 take-up is 47% higher than the pre-pandemic, long-term average (2007–2019)."

"A shortage of modernised stock and an absent pipeline supporting robust rental growth forecasts."

"Transactional activity is up 49% on 2024."

"Debt clouds lift: easing rates and renewed lender confidence set the stage for Europe’s real estate investment recovery"

"Infrastructure is now firmly embedded within real estate, acting as a key catalyst for scale capital. Investors such as Macquarie, Brookfield, EQT, Ardian and BlackRock are increasingly targeting hybrid assets where infrastructure and property converge."


"Regulation is tightening across Europe, reshaping real estate markets, with significant implications for the residential and data centre sectors. In 2026, while new rules will constrain rental growth and landlord flexibility, they will also provide clearer frameworks, exemptions and long-term visibility for institutional capital."

"Rising defence spending is set to accelerate investment in industrial and logistics infrastructure. From advanced manufacturing plants and R&D facilities to logistics platforms and high-performance computing and data centres, defence production requires a wide range of highly specialised assets."

"Key property themes that will impact the European real estate sector in 2026"
