The industry's own research.
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The Berlin logistics market recorded take-up of 320,000 sqm in Q3 2025, representing a 50% increase year-over-year and returning demand to positive territory after weakness in the prior year, though this figure is 11% below the long-term average when excluding the Tesla plant's outsized 2022 contribution. Rents show a two-tier market with inner-city smaller warehouses exceeding €10 per sqm due to high demand, while large-scale prime and average rents stabilized at €8.20 per sqm and €7.20 per sqm respectively on the city's outskirts.

Frankfurt's office market achieved 457,900 m² of take-up in the first three quarters of 2025, representing 77% growth over the five-year average and 30% above the full-year 2024 result, driven primarily by the Banking and Financial Sector's 151,000 m² contribution and anchored by Commerzbank's 73,000 m² lease of the Central Business Tower. The prime rent increased to €52.00/m²/month (up 7.2% year-over-year), the vacancy rate stood at 11.5%, and Cushman & Wakefield forecasts full-year take-up between 525,000 and 550,000 m² with no further prime rent growth expected by year-end.

Frankfurt's office market recorded 338,600 square meters of take-up in the first half of 2025, representing 86% growth compared to the prior year, with the vacancy rate at 11.1% and prime rent reaching €51.00 per square meter per month as of Q2 2025. The business climate index in Hesse improved to 95 points in early summer 2025, driven by a special government fund decision, though companies identified general economic conditions, domestic demand, and labor costs as primary risks to their development.

Knight Frank's H1 2025 Office Market Mid Year Review examines leasing, supply, investment, and rental trends across ten UK regional cities including Aberdeen, Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Manchester, Newcastle, and Sheffield. The report finds that regional leasing activity reached 2.5 million square feet in the first half of 2025 (7% above H1 2024), seven of ten cities recorded year-on-year rental growth reaching as high as 20%, but investment volumes were subdued at £373.5 million and new grade A office space availability remained critically tight at 3.0% vacancy, creating intense competition for quality space.

Manchester's office market saw take-up of 581,974 sq ft across 102 transactions in H1 2025, representing 14% growth versus H1 2024 and 31% above the five-year H1 average, with the TMT sector accounting for 42% of leasing activity. Overall availability decreased to 2.9 million sq ft with an 11.1% vacancy rate, while Prime headline rent stands at £45 per sq ft with expected growth above £50 per sq ft as new speculative development including the 243,000 sq ft Republic scheme commences.

The Frankfurt logistics market achieved 251,000 square meters of total take-up in the first half of 2025, driven by a strong second quarter of 188,000 square meters that exceeded the ten-year average, with major deals including Eli Lilly's 50,000 square meter pharmaceutical production facility and large-volume transactions above 20,000 square meters representing 39.6 percent of activity. Prime rents remained stable at €8.20 per square meter and average rents at €7.00 per square meter, both showing year-over-year increases of 3.1 percent and 4.5 percent respectively, while the market faces ongoing supply shortages in high-demand areas despite the momentum in large-space leasing.
At the 2026 ULI Europe Conference in Berlin, speakers argued that Europe's future competitiveness will depend less on matching the scale of the United States or China and more on leveraging its strengths in governance, resilience, capital formation, and its network of highly livable cities.

This is an overview of recent planning policy developments and... Read more The post Central London Planning Policy Update (Q4 2025 & Q1 2026) appeared first on Montagu Evans .

read in PDF format London’s residential development market remains severely... Read more The post The Residential Land Survey (2026) appeared first on Montagu Evans .

The global investment backdrop remains supportive for industrial, reinforcing its position as a preferred destination for capital. Investment volumes continue to run ahead of last year across the U.S., EMEA, and APAC, while fundraising remains concentrated in logistics. North America is capturing a larger share of…

Europe's hotel construction pipeline reached 1,731 projects comprising 255,354 rooms at Q1 2026, representing a 3% year-over-year increase, with the early planning stage hitting a record-high 604 projects and 86,128 rooms. The United Kingdom, Turkey, Germany, France, and Portugal account for 46% of projects in the region's pipeline, and Europe is forecast to see 319 new hotels with 44,156 rooms open by the end of 2026.

Europe's hotel construction pipeline stood at 1,731 projects comprising 255,354 rooms at the close of Q1 2026, representing a 3% year-over-year increase, with early planning stage projects reaching a record high of 604 projects/86,128 rooms. The report forecasts 319 new hotels with 44,156 rooms to open across Europe by year-end 2026, with the United Kingdom, Turkey, Germany, France, and Portugal accounting for 46% of the region's pipeline projects.

Refinances the entire bank debt of the portfolio, replacing it with an institutional club deal. Individual lender names not disclosed at source (CoStar's French-language republication 403'd on fetch — skipped per guardrail, not browser-navigated).
Legal-advisor press release (DLA Piper acted for lender Generali). Described as 'a landmark single-asset hospitality financing transaction in the Spanish market', following Mohari Hospitality's move to sole ownership of the property. Corroborated by BeBeez International and Boutique Hotel News.
Belgian State (AA-rated) anchors 40% of income via a 12-year lease. Proceeds partly fund a fossil-fuel-free HVAC retrofit; property holds BREEAM Excellent + WELL Core Platinum. Also covered by PERE Credit's 20 Feb 2026 roundup (perecredit.com) but that piece's free tier didn't name the borrower — re-sourced to Walker & Dunlop's own arranger press release for the full picture.
Structured initially as a bridge loan to refinance existing debt and fund early works, with further drawdowns tied to construction milestones. Dated Feb 2025 — older-vintage than this batch's other rows (no more-recent update/re-financing found for this specific facility) but the only fully-verified Iberian financing surfaced this pass; included for genuine Portugal coverage rather than left at zero.

Portuguese hotel group Vila Gale bought the shuttered former Sheraton hotel at Reserva do Paiva, Recife, Brazil, from Portugal's Novo Banco, planning a 298-room resort reopening in October 2026; price undisclosed.

Partially a 'Green' loan — multiple assets hold BREEAM 'Very Good'/'Excellent' ratings. Closed 31 Mar 2026; announced 12 May 2026. Aareal acted as arranger, facility agent and security agent; CBRE valued, DLA advised legally. Rate/tenor not disclosed.

JLL's 2026 EMEA edition: laboratory space remains a niche asset class with concentrated demand; AI creating cross-industry occupancy opportunities and reshaping facility requirements.
Quarterly Golden Triangle (Oxford, Cambridge, London) take-up, lab supply, rents and VC trends; covers LSIMF government grant programme and AstraZeneca investment.

European healthcare investment reached EUR5.8bn in Q1 2026, up 189% YoY, with record 2025 volumes, care-home strength and consolidation led by US REITs such as Welltower.
Irish PBSA review: full-time enrolment over 215,000 with strong international inflows; Dublin facing ~34,300-bed deficit; investment rebounded to EUR 183m transacted in 2025.

CRETI year-end report: $16.7B invested in proptech in 2025 (+67.9% YoY), 77% structured as debt/PE, AI as baseline expectation, Europe softening while the Middle East emerges.

CBRE's 2026 European outlook PBSA chapter: international student enrolment forecast to grow 5% annually to 2030, with structural undersupply underpinning high occupancy and rental growth.

2026 outlook across U.S., Asia Pacific, and Europe; notes global REIT equity multiples ~30% cheaper than historical levels versus broad equities.

JLL sizes the European PBSA opportunity to 2030, noting completions will run 79% below student additions over five years amid rising demand and undersupply.

JLL City Climate & Resilience Policy Tracker: nearly half of 75 studied cities now enforce building performance standards (e.g. NYC Local Law 97, EU EPBD), shifting from ambition to enforcement.

C&W research finding 75% of polled investors identified PBSA as a key investment target, with analysis of European student accommodation demand drivers.

Savills Impacts examines how 'green' office standards vary by city - operational carbon, embodied carbon limits and climate resilience - across New York, Oslo, Singapore, Amsterdam and others.

Ranks 43 European life sciences clusters across themes including digital health R&D and pharma manufacturing; covers VC flows, AI impact, sustainability, and new lab supply.

Knight Frank UK SFH report: record 31 SFH deals (up 24% YoY), SFH share of BTR volume surging from 2% (2020) to 43% (2024); £1.8bn invested, potential for 1M+ homes at maturity.

ULI Europe systems map and report identifying 12 intervention areas to decarbonize existing and new affordable housing across Europe.

PBSA snapshot positioning student accommodation as an emerging asset class; Italy off-campus investment ~EUR 310m in 2024 (75%+ international) with provision rate just 4.8%.

CBRE's European life sciences ecosystems report PDF (9.3MB): lab space commands rent premiums over office; 43 of top-100 life sciences universities are in Europe; growing investor interest.

Global REIT outlook across U.S., Europe, and Asia Pacific; projects new deliveries declining ~20% in 2025 and notes office sector bifurcation favoring top-tier product.

Record $3.2B in VC into AI-powered proptech in 2024; US captured $2B+, Europe $700M, APAC $500M across leasing, construction, energy, and workplace use cases.

Analysis of worldwide REIT trends across the FTSE EPRA Nareit Global Real Estate Index (497 constituents, 38 countries) spanning North America, Europe, and Asia.

Over 70% of Western European office stock risks functional, financial or legal obsolescence by 2030 as EPBD and sustainability rules tighten; repositioning preserves asset value.

CBRE report on PBSA demand drivers, supply-demand imbalances, the regulatory landscape and investment opportunities across constrained European student housing markets.

JLL/QX research on UK PBSA: rising demand and significant structural undersupply, shifting student demographics, regulatory change and routes to more affordable accommodation.

CBRE Netherlands viewpoint on how declining rental supply and policy measures are worsening the student housing shortage in cities such as Amsterdam, Utrecht and Groningen.

Savills UK update on holiday, residential and mobile home parks: pitch values by park type (residential parks ~£40,547/pitch), deal volume and demand trends across the land-lease park sector.

Principal's mid-year house view argues the CRE recovery remains intact but uneven, with high conviction in data centers and residential, caution on life sciences, and an increasingly global portfolio approach.

AEW's European research perspective examining how new logistics demand drivers are offsetting geopolitical pressures, with implications for industrial real estate fundamentals across the region.

Principal's research on ODCE fund performance shows a selection-driven cycle, with top-quartile U.S. funds returning 5.9% annualized versus 0.1% for the bottom quartile and European funds leading on capital appreciation.

European residential market review, with investment reaching €12.0bn in Q1 2026, prices up 5.1% annually and rental growth accelerating to 3.9% year-on-year.
European hotel market review, with hotels reaching 11.4% of CRE investment in Q1 2026 and solid but uneven RevPAR growth across key markets.
Cross-asset European commercial real estate forecast, with investment moderating as stakeholders await price clarity and the Eurozone economy projected to grow 1.0% in 2026.
European logistics market review, with take-up up 10% across leading markets and 2.7% rental growth in Q1 2026 against a backdrop of cooling investor confidence.
Pan-European commercial real estate investment review, with total CRE volume down 7% year-on-year in Q1 2026 as recovery momentum slowed amid macroeconomic uncertainty.
Review of office activity across 18 major European markets, with take-up down 16% year-on-year to 1.67m sqm and widening rent gaps between prime and secondary locations.
Examines how AI and machine learning firms concentrate in the Bay Area, New York and London, with AI leasing remaining strong across San Francisco and Manhattan's AI leasing already surpassing all of 2025.

JLL finds the EMEA residential investment market facing declining new supply and affordability pressures, while larger deals and cross-border capital activity drive growth into 2026.

Knight Frank's flagship global corporate real estate research bringing data-led insight on the future direction of office occupancy, workplace strategy and corporate space requirements.

A thematic study of the office trends reshaping European capital markets, charting the sector's recovery and transformation across the continent's major business hubs.

The Europe chapter of LaSalle's ISA Outlook 2026, arguing European real estate is breaking out of the cycle with strong occupier demand in luxury high streets and prime city-center offices.

Avison Young experts examine global real estate investment trends and cross-border capital flows, covering the London office resurgence, US debt liquidity and the 2026 investor outlook.

Review of European office occupier markets, with leasing activity supported by tight grade-A availability and a flight to quality across the major cities.

A Barings and Artemis roundtable across the U.S., Europe, and Asia Pacific arguing 2026 is a stock picker's market requiring active selection and granular analysis as performance disperses by quality and location.

Quarterly analysis of European office investment, with prime yields stabilising and appetite for larger lot sizes returning as €200m+ deals rose to 24% of volumes.