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2026 Real Estate Outlook: Europe

The 2026 Europe outlook details country, capital, sector and submarket specific opportunities as the regional market emerges from the value reset into a new investment cycle.

Capital MarketsEconomyOfficeMultifamilyIndustrial & LogisticsEurope
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PGIM Real Estate views valuations as near cyclical lows globally, positioning 2026 as a compelling investment vintage amid supply shortages, rising grade-A rents and structural demand. Investor surveys point to a pick-up in transaction volume across all sectors.

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2026 Real Estate Outlook: United States

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2025 Real Estate Global Outlook

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