Global institutions are set to invest $144 billion into commercial real estate in 2026, according to Knight Frank’s Active Capital survey, which captures the views and investment intentions of 119 of the world’s largest global real estate investors, representing more than $1.4 trillion of assets under management (AUM). The research projects a rebound in global investment into commercial real estate in 2026, with falling interest rates, greater confidence in occupier demand, and demographic trends set to drive investment activity in key markets.
Approximately 87 percent of survey respondents by AUM intend to increase direct commercial real estate investment in 2026, with 62 percent expecting to be net buyers of real estate assets, signaling strong acquisition appetite. Just 12 percent of those surveyed expect to be net sellers of real estate.
The United Kingdom (a target for 60 percent of respondents) and Germany (52 percent of respondents) emerge as the to
