Q3 2026 European Commercial Real Estate Chartbook

Europe's commercial real estate recovery remains on track despite near-term capital markets headwinds. Improving economic growth, stabilizing market conditions and strengthening property fundamentals are expected to support a continued recovery across the region.

Our Q3 2026 European Commercial Real Estate Chartbook examines the economic, demographic and capital markets trends shaping the outlook, including:

• Eurozone GDP growth is forecast to improve from 0.9% in 2026 to 1.1% in 2027.¹
• CRE transaction volumes are expected to decline 5% in 2026 before rebounding 20% in 2027.²
• European CRE values are projected to rise 2.1% in 2026 and 4.2% in 2027.³

Download the chartbook to explore the trends influencing Europe's commercial real estate market outlook.