Barcelona Logistics Market Dynamics (Dinamicas del Mercado Logistico en Barcelona), Q1 2026

In Q1 2026, Barcelona's logistics market recorded approximately 228,000 square meters of contracting, representing a 53% annual increase, while prime rental rates rose 2.8% year-over-year due to product scarcity and high demand. The Catalan market attracted approximately 65 million euros in investment, accounting for 20% of total investment in Spain during the period.

Marché de l'investissement immobilier en Ile-de-France, T1 2026

The first half of 2026 saw €3.1 billion invested in Île-de-France real estate, representing an 18% decline from the first half of 2025 (€3.7 billion) and 34% below the five-year average for similar periods. Prime yields remained stable at 4.00% for office and retail assets, while logistics and industrial properties saw a 10 basis point increase to 4.90% and 5.90% respectively, with the second quarter marking a modest recovery at €1.7 billion invested.

Marche de l'investissement bureaux a Aix-Marseille, T1 2026

The office investment market in Aix-Marseille recorded €78 million in volume during the first quarter of 2026, doubling the volume from the same period the previous year, though remaining 12% below the five-year average for first quarters. The prime office yield has remained stable at 6.00% since the end of 2023, consistent with other regional metropolitan areas such as Lille and Lyon.

Madrid Offices Market Dynamics Q1 2026

Madrid's office market contracted 100,376 square meters of space in Q1 2026, with prime rents rising to €44.50 per square meter per month (up 8.5% year-over-year) and the central business district facing supply constraints amid unmet demand. New completions totaled 63,980 square meters during the quarter, investment volume reached €621 million with prime yields stabilizing at 4.5%, and availability rates varied significantly by submarket with tighter conditions in the CBD compared to areas outside the M-30 ring road.

Marché locatif de l'immobilier industriel en Île-de-France, T1 2026

For the first quarter of 2026, the Île-de-France industrial real estate rental market recorded 186,000 m² of placed demand, down 28% year-over-year and 38% compared to the five-year average, with 205 lease signatures. Average rents stood at 121 €/m²/year (down from 126 €/m² a year prior), prime rents at 190 €/m², and new space rents at 140 €/m², while immediate supply remained abundant at 2 million m², up 7% annually, creating favorable market conditions for tenants with enhanced negotiating power.

Bilan marche immobilier Aix-Marseille 2025

France Bureaux Aix-Marseille Figures T4 2025

Industrial & Logistics MarketBeat Barcelona & Madrid Q4 2025

Madrid's industrial logistics market recorded 950,000 sq m of take-up in 2025 with a 9.15% vacancy rate and prime rent of €7.00/sq m/month, demonstrating continued resilience despite macroeconomic challenges and showing strong fundamentals through rising rents and healthy transaction levels. Barcelona's logistics market closed 2025 at 565,000 sq m (down 20% from 2024) with a vacancy rate of 4.0% and prime rent of €9.00/sq m/month, indicating emerging supply constraints that may drive further rent increases in 2026.

REview Bureaux Île-de-France - T4 2025

The REview Bureaux Île-de-France T4 2025 report covers the Île-de-France office market for the fourth quarter of 2025, documenting 1.6 million square meters of demand placed over the full year 2025. Tertiary investment in the region reached 5.6 billion euros in 2025, representing a 57 percent increase year-over-year.

Bilan marché immobilier d'entreprise Lyon 2025 (bureaux et investissement)

Industrial & Logistics, market data - Figures Q4 2025 Spain (Valencia)

Hotel Investment in Spain - Full Year Report 2025 (Barcelona)

At a Glance: T4 2025 Oficinas Valencia

BNP Paribas Real Estate's fourth quarter 2025 market report on Valencia's office sector documents total contracting of 51,489 square meters (down 24.9% year-on-year), average rents of €13.44 per square meter per month (up 3.8% annually), and a global availability rate of 2.36% as of January 2026, with demand shifting away from prime zones (9% share, 0.35% availability) toward decentralized areas (37% share) and periphery (33% share). The report projects approximately 100,000 square meters of high-quality prime office space will be delivered over the next three years to address supply constraints, against a favorable macroeconomic backdrop with forecasted GDP growth of 3% in 2025 and 2.5% in 2026.

Spain Retail MarketBeat (High Street, Shopping Centres & Retail Parks) Q4 2025

This Cushman & Wakefield report analyzes Spain's retail market in Q4 2025, documenting economic growth of 2.9% annual GDP, retail sales growth of 3.3% year-on-year in November 2025, and record tourism of 97 million international visitors, while noting strong performance in fashion (5.1% growth) and food and beverage sectors (4.5% growth) across shopping centres. Investment in the Spanish retail sector reached €2.48 billion in 2025, representing a 22% increase year-on-year, with shopping centres and retail parks accounting for 70% of total retail investment and prime yields contracting to 6.25% for shopping centres and falling to 3.60% for high street properties.

Real Estate Investment, market data - Figures Fourth Quarter 2025 Spain (Barcelona)

Living, market data - Figures Fourth Quarter 2025 Spain (Barcelona)

Visión Valencia 2025

Savills Spain has published Vision Valencia 2025, a real estate market analysis document covering all key indicators for the city. The report, presented by Ignacio Olivas, Director of Savills Valencia, indicates the city is entering a phase of reaffirmation and leadership while on track to reach record real estate investment figures this year, with analysis across residential, office, industrial-logistics, retail, hotels, and alternative segments.

France Bureaux Lyon Figures T4 2025 — Le marché lyonnais en bas de cycle

Logistics in Spain | Snapshot Q4 2025 (Valencia)

Industrial and Logistics, market data - Figures Fourth Quarter 2025 Spain (Barcelona)

MarketBeat Lisbon Office Q4 2025

The Cushman & Wakefield MarketBeat report for Lisbon's office market in Q4 2025 documents office demand, completions, vacancy rates, and rental trends across Greater Lisbon's seven submarkets. Year-end 2025 take-up reached 204,240 square meters (down 8% year-over-year), the vacancy rate stood at 7.0%, prime rents in the Central Business District reached €28.00 per square meter per month, and 61,200 square meters were completed in 2025 with 327,860 square meters expected over the next three years.

The French Investment Market | Q3 2025

France Bureaux Aix-Marseille Figures T3 2025

Mercado de Oficinas Barcelona - Market in Minutes, 3T (Q3) 2025

Barcelona's office market recorded approximately 120,000 square meters of contracted space in the third quarter of 2025, positioning it to reach 350,000 square meters annually, with vacancy declining to 10.65% and average rents reaching a historic peak of 19.80 euros per square meter per month. Large-scale transactions exceeding 5,000 square meters represented 5.4% of demand, flex operators expanded to comprise 10.6% of total absorption, and investment volume reached approximately 580 million euros, with the Prime CBD yield remaining stable at 4.75%.

Spain Living MarketBeat Q3 2025

This Cushman & Wakefield market report covers Spain's residential real estate sectors—including PRS (Private Rented Sector), BTR (Build-to-Rent), Flex Living, and nursing homes—through Q3 2025, presenting transaction volumes, rental rates, yields, investor activity, and demographic trends. Key findings include 422,000 total residential transactions up to July 2025 (18.76% increase year-over-year), PRS/BTR/Flex Living investment of €875 million in H1 2025 (52% increase), rental price growth exceeding 10% annually despite supply increases, and Spain's aging population projected to have the second-highest old-age dependency ratio in Europe by 2050, supporting strong fundamentals for senior care facilities.

Madrid Offices MarketBeat Q3 2025

Madrid's office market in Q3 2025 recorded a vacancy rate of 8.61% with prime rent at €42.50/sq m/month and quarterly take-up of 104,000 sq m across 87 new contracts, driven by strong demand for quality A/B-rated buildings and flexible assets in strategic locations. The document projects that office take-up will return to forecasted levels exceeding 500,000 sq m for the full year, with continued pressure on rents in the CBD expected to reach €42.50/sq m/month by year-end, supported by the recovery momentum and importance of corporate deal activity.

Residential Market in Spain - Spotlight H1 2025 (Barcelona)

Spain's residential market accelerated in the first half of 2025 with sales growing 8.5% year-on-year to mark the strongest start since 2007, driven by falling mortgage interest rates (around 2.8%), employment growth, and migration flows that are projected to add over 5 million inhabitants to Spain between 2025 and 2039. Housing prices rose 6.2% in H1 2025 to exceed €2,090/m², with dynamic markets such as Madrid (+7.7%), Málaga (+7.4%), and Valencia (+7.4%) outperforming the national average, while a structural supply deficit estimated at 250,000 units annually continues to fuel upward price pressure despite improvements in new-build permits.

Le marché des bureaux du Grand Lyon — S1 2025

The Knight Frank study examines the Greater Lyon office market in the first half of 2025, finding approximately 100,000 square meters of space leased over six months as the market enters a stabilization phase following 2024's slowdown. Demand is increasingly polarized between prime-quality buildings and struggling secondary assets, with activity remaining below historical averages amid ongoing economic fragility.

Madrid Offices MarketBeat Q2 2025

Madrid's office market achieved 147,000 sq m of take-up in Q2 2025 across 107 deals (25% higher than the same period in 2024), with the vacancy rate at 8.84% and prime rent reaching €42.50/sq m/month, driven by strong demand for high-specification A/B+ buildings that account for approximately 70% of transactions. Investment in the office segment exceeded €1 billion in the first half of 2025 (40% higher than all of 2024), with Madrid receiving approximately €500 million, while prime yields softened to 4.3% due to dynamic take-up levels and increased Core investor appetite for stable cash-flow properties.

Madrid Office Market Dynamics Q2 2025

Madrid's office market absorbed 292,904 square meters of space in the first half of 2025, representing 15% year-on-year growth, with the CBD and decentralized areas along the A-1 corridor accounting for 80% of demand through transactions including a construction company's 4,314 sq.m. lease at Foresta 8 and an energy company's 6,533 sq.m. acquisition at Serrano Galvache 56. Investment activity recovered substantially with 81% of total investment volume closed in the second quarter of 2025.

The Office Market, Paris CBD | H1 2025

The Paris CBD office market absorbed 92,000 square meters in Q1 2025 and 65,000 square meters in Q2 2025, totaling approximately 167,000 square meters for the first half of the year, a performance roughly level with the previous year. Regional office demand declined 22% from one quarter to the next, reflecting a broader slowdown in the market despite the Paris CBD's demonstrated resilience.

Oficinas Barcelona Spotlight, 2T (Q2) 2025

During the second quarter of 2025, Barcelona's office market recorded approximately 95,600 square meters of lettings, representing a 66% increase from the first quarter and a 40% year-on-year rise, with notable transactions including Deloitte's 14,100 square meter lease in the Centro Ciudad zone and the Barcelona municipal government's 8,400 square meter agreement in the 22@ district. The average rent across the market reached 18.35 euros per square meter per month, a 3% increase from the previous quarter, while the availability rate declined to 11.67% due to strong absorption and the absence of major new supply additions to the market.

Residential Paris Market Insight | 2025

Paris's prime residential market continues to demonstrate resilience despite a barrage of headwinds, according to Knight Frank's Residential Paris Market Insight 2025 report released in June 2025.

Offices, market data - Figures Second Quarter 2025 Spain (Barcelona)

Barcelona Office Market Dynamics, Q2 2025

This JLL report analyzes Barcelona's office market in Q2 2025, covering leasing activity that reached 152,932 sq.m. in the first half of the year—11% below the prior year but 30% above the previous quarter—with the 22@ district accounting for 38% of demand and major tenants including Deloitte (14,100 sq.m.), AstraZeneca (5,403 sq.m.), and CrowdStrike (5,027 sq.m.). The document notes that 66% of investment deals in the first half were Core and Core+ assets, reflecting investor preference for prime well-located properties.

Madrid Industrial Market Dynamics Q2 2025

Logistics take-up in Madrid totaled approximately 392,000 square meters in the first half of 2025, representing a 15% decrease compared to the same period in 2024, while prime rental rates reached €6.85/sq.m./month with a slight increase from the previous quarter. Investment volume in the logistics sector amounted to approximately €164 million during the first half of 2025, reflecting a 3% decline year-on-year.

Office Market Berlin - Report Q1 2026

Berlin's office market recorded 146,000 sqm of take-up in Q1 2026, representing a 42% year-on-year increase and the largest growth among German A-location office markets, driven primarily by six large lease agreements of 5,000 sqm or more compared to only one in the prior-year quarter. Take-up of modern office space more than doubled, with prime submarkets Mitte, Municipal Area South, and Europacity leading activity, and prime rents reaching or exceeding €50/sqm in select premium properties while €47/sqm remained the primary market benchmark.

Bristol Office Market Dynamics – Q1 2026

JLL's Q1 2026 Bristol Office Market Dynamics report analyzes office real estate conditions in Bristol, documenting take-up of 160,400 sq.ft., prime rent of £52.00 per sq.ft., overall vacancy at 5.0%, and Grade A vacancy declining to 2.8% from 3.0% in the prior quarter. The report attributes market conditions to steady occupier demand alongside constrained supply and a limited development pipeline, with further upward pressure on prime rents expected due to scarcity of high-quality space.

Germany Big 7 Office Market Dynamics, Q1 2026 (Munich breakout)

Germany's Big 7 office markets recorded 1.35 million square meters of take-up in the first half of 2026, approximately five percent below the prior-year period, with Berlin and Munich together accounting for more than half of total take-up. Office vacancy rose to 8.5 million square meters at mid-year with an average vacancy rate of 8.5% compared to 7.7% in mid-2025, while prime rents increased by an average of five percent over the past 12 months, with Munich posting the highest at €62.00 per square meter per month.

Stuttgart Office Market Dynamics, Q1 2026

Stuttgart's office letting market recorded take-up of 30,100 sq.m. in Q2 2026, with cumulative H1 2026 volume of 68,300 sq.m. significantly below prior-year levels and long-term averages. Vacancy rose slightly to 5.8%, prime rent remained unchanged at €37.00/sq.m./month, the under-construction pipeline stood at 52,100 sq.m. with no Q2 completions, and moderate further prime rent increases were anticipated by year-end 2026.

Investment Market Stuttgart, Q1 2026

The Stuttgart commercial real estate investment market recorded €177 million in transaction volume during Q1 2026, representing a 50% decline versus the ten-year average of €351 million but an improvement over the weak first quarters of 2024 and 2025, with office assets contributing €110 million of the total and around a dozen deals marking the highest transaction frequency since Q1 2022. Prime yields shifted across asset classes in the twelve-month comparison, with office properties rising 10 basis points to 4.50%, retail rising 15 basis points to 4.00%, and logistics increasing 25 basis points to 4.50%.

Investment market Munich Q1 2026

The document is a webpage listing BNP Paribas Real Estate's market reports on Munich's investment market, providing quarterly analyses from 2020 through Q1 2026. The page itself contains navigation menus and contact information but does not provide the actual substantive findings of the Q1 2026 report, as the specific transaction volume and key conclusions for that quarter are truncated in the provided text.

Glasgow Office Market Dynamics, Q1 2026

Glasgow's office market achieved Q1 2026 take-up of 139,900 sq.ft., driven by major deals from Shawbrook, Tesco, and Centrica, with prime rents holding at £41.50 per sq.ft. despite supply constraints and no space currently under construction, though rent uplifts are anticipated for the remainder of the year.

Cologne Office Market Dynamics Q1 2026

JLL's Q1 2026 research report on Cologne's office market documents a subdued start to the year with take-up of 40,400 sq.m., down 43% year-on-year and 38% below the five-year average, driven primarily by the absence of large-volume transactions and tenants postponing relocation decisions. The vacancy rate rose to 5.1% with 407,700 sq.m. available, prime rent remained stable at €32.50/sq.m./month while weighted average rent declined 10% year-on-year to €19.80/sq.m./month, and JLL forecasts full-year 2026 take-up of approximately 230,000 sq.m. with continued slight vacancy rate increases and moderate prime rent growth anticipated.

Logistics market Munich Q1 2026

Munich's warehouse and logistics lettings market achieved take-up of 57,000 square meters in the first quarter of 2026, representing a dynamic start to the year. BNP Paribas Real Estate's market report provides quarterly tracking of logistics real estate activity in Munich as part of its broader research coverage of German warehouse and logistics markets.

Düsseldorf Office Market Dynamics, Q1 2026

Office take-up in Düsseldorf totalled 112,200 sq.m. in the first half of 2026, declining 8% year-over-year and 16% below the five-year average, while the vacancy rate rose to 11.8% with 1.12 million sq.m. immediately available and prime rent remained stable at €46.00/sq.m./month. The weighted average rent increased by 8% during the first half of the year.

Investment Market Düsseldorf Q1 2026 (Immobilien-Investmentmarkt Düsseldorf)

Düsseldorf's investment market recorded 167 million euros in transaction volume during Q1 2026, representing a 32.8 percent year-on-year decline and marking the weakest first-quarter start in ten years, though deal count remained stable and net prime yields held steady at 4.50 percent for office and logistics properties and 3.95 percent for best-located retail buildings. Retail investments dominated Q1 activity at 50.5 percent of volume due partly to four transactions linked to CENTRUM insolvency, while deals under 50 million euros prevailed, no transactions exceeded 100 million euros, and geopolitical tensions posed ongoing uncertainty despite expectations for increased transaction frequency in subsequent months.

Frankfurt Office Market Q1 2026

Investment Market Cologne Q1 2026

BNP Paribas Real Estate reports that Cologne's commercial real estate investment market achieved approximately €256 million in transaction volume during Q1 2026, a 195% increase year-over-year, with office assets dominating at 79.3% of activity and the highest transaction volume since 2022. Top-tier net yields remained stable at 4.40% for office properties and 4.50% for logistics, while retail yields increased modestly to 4.00%, and the analysis identifies geopolitical uncertainty as a key risk factor for market continuation in subsequent quarters.

UK Logistics Market Dashboard - March 2026

The UK Logistics Market Dashboard for March 2026 from Knight Frank tracks investment, occupier activity, rental growth, and development in the UK industrial and logistics sector, presenting market yields, capital composition data, and performance metrics across multiple indices. Key findings include full-year 2025 investment transactions totaling £10.5 billion (27% higher than 2024), annual UK industrial capital growth slowing to 2.74% in February 2026, rental growth of 4.65% year-on-year through February 2026, and an increasing yield spread over five-year SONIA swaps rising to 272 basis points amid geopolitical uncertainties and rising interest rate expectations.

Office Market Hamburg - Report Q1 2026

BNP Paribas Real Estate's Q1 2026 Hamburg office market review reports office take-up of 91,000 sqm (down 18% year-over-year) amid challenging economic conditions, with prime rents rising 8.3% to €39.00/sqm as demand concentrates on high-specification space in prime locations like the City, City South, and HafenCity. Vacant space increased marginally to 942,000 sqm (6.4% vacancy rate), with transport and logistics accounting for nearly 22% of take-up led by MSC's 13,000 sqm headquarters relocation, while the outlook notes continued upward pressure on prime rents with the €40/sqm threshold potentially achievable in coming quarters.

Logistics Market Cologne Q1 2026

Cologne's logistics real estate market achieved 82,000 m² in transaction volume during Q1 2026, representing a 156.3% increase year-over-year and exceeding the ten-year average by 30%, driven largely by a single major logistics service provider contract of 35,000 m² in Bergheim. Prime rental rates for modern logistics properties reached €8.20/m² (up 6.5% year-over-year) while average rents stood at €6.70/m² (up 6.3%), with logistics service providers accounting for 79.3% of market activity, substantially above their long-term average of 32%.

Office Market Cologne Q1 2026

BNP Paribas Real Estate's Q1 2026 review of Cologne's office market reports floor turnover of 45,000 square meters, down 33 percent year-over-year and 24 percent below the long-term average, attributed to challenging macroeconomic conditions and prolonged leasing processes. Prime rents remained stable at 33.50 euros per square meter while average rents rose 3.9 percent year-over-year to 21.40 euros per square meter, with vacancy increasing to 515,000 square meters (6.5 percent of total stock) and pre-leasing of new construction at a high 73 percent, though market activity is expected to recover through the remainder of 2026 given numerous large tenant inquiries in process.

Logistics Market Stuttgart, Q1 2026

The Stuttgart logistics and warehouse market achieved take-up of 69,000 sqm in Q1 2026, approximately 60% above the ten-year average and nearly triple the previous year's result, driven largely by a single industrial contract exceeding 30,000 sqm. Prime rents rose 2% to €8.70 per sqm and average rents increased 5% to €6.80 per sqm by end of 2025, with supply in the new-build segment particularly constrained and no new-build take-up recorded in the quarter.

Review Logistics Market Frankfurt Q4 2025

Frankfurt's logistics market achieved 464,000 square meters of take-up in 2025, representing a 13.7% year-on-year increase and positioning it as Germany's strongest logistics market outside the Ruhr region, with prime rents rising 10.7% to EUR 8.80 per square meter and average rents increasing 10.4% to EUR 7.40 per square meter. Manufacturing companies and logistics service providers each accounted for approximately one-third of annual take-up, while contracts exceeding 20,000 square meters tripled to 185,000 square meters, and the report projects Frankfurt's market will likely exceed 500,000 square meters in 2026 driven by economic recovery and increasing supply constraints.

UK Cities Office Market Annual Review – Q4 2025 (Manchester)

The Knight Frank UK Cities 2025 Office Market Annual Review examines leasing and investment activity across ten regional UK office markets, reporting that annual take-up reached 5.0 million sq ft with Q4 delivering the strongest quarterly performance, while Grade A space accounted for 61% of all transactions amid persistent flight to quality. Investment volumes totaled £916 million for the year, 28% below 2024 levels, though momentum strengthened in Q4 with £291 million transacted, and prime yields across regional cities ranged from 6.50% in Edinburgh to 10.00% in Aberdeen, offering substantial premiums to London benchmarks.

France Office Greater Paris Region Figures Q4 2025

Investment Market Hamburg - Report Q4 2025

Hamburg's commercial real estate investment market recorded €1.9 billion in 2025, representing a 17.4% decline from 2024's €2.3 billion but ranking third among German A-cities behind Berlin and Munich, with office properties dominating at 38% market share and net prime yields stabilizing at 4.25% for offices while retail rose to 3.85% and logistics increased to 4.50%. The report forecasts that improved investor sentiment combined with federal economic stimulus should drive transaction volumes above €2 billion by end of 2026, supported by Hamburg's stable occupier markets, moderate vacancies, and signs of increasing rent levels in premium office segments beyond €40 per square meter.