European real estate investment to hit €52b in Q1 2026

Savills' latest report forecasts that European real estate investment volumes will hit €52 bn in the first quarter of 2026, a 6% year-on-year increase.

James Burke

Notably, Finland, Ireland, and Poland are expected to see significant growth, with investment volumes potentially rising by 50% or more. 
The global real estate advisor also anticipates increased activity in core markets like Germany, the UK, and France throughout the year, with Germany already showing positive growth in Q1. 
For the full year, European investment volumes are projected to increase by approximately 16% in 2026, followed by another 17% growth in 2027.
Lydia Brissy, director in Savills' European commercial research team, said: “In terms of sector activity, we have seen several large portfolio transactions in multifamily complete, and hotels have also recorded strong activity. Retail, logistics and offices have seen solid levels of investment, resulting in a relatively balanced sector mix overall.”
James Burke, director, Global Cross Border Investment at Savills, says: “We anticipate European investment volumes to continue to pick up as the year progresses and expect to see prime yields starting to move in by 25bps or more in some jurisdictions, particularly for high street assets, retail warehouses, logistics, supermarkets and CBD offices.”