Capital is returning, but Europe’s next real estate cycle will be highly selective
Investors are moving again, but repricing, debt costs and asset quality are creating a market where location alone is no longer enough.
Investors are moving again, but repricing, debt costs and asset quality are creating a market where location alone is no longer enough.
Flight to quality is becoming a capital allocation story.
Leadership changes across investment, advisory and development.
How investors are testing automation across due diligence and asset strategy.
Energy performance is becoming harder to treat as a side issue.
Owners want measurable operating outcomes, not more software.
Capex plans are increasingly tied to exit liquidity.
Infrastructure and mixed-use redevelopment are shifting demand.
Teams are repositioning ahead of the next transaction cycle.

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The bid-ask gap is narrowing, but not equally across sectors or geographies.
The gap between prime and non-prime product is widening across major cities.
More investors are examining regional markets and specialised living formats.
Office, hospitality, culture and public realm increasingly move together.
Quality, amenity and flexibility keep moving up the leasing agenda.