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European real estate investment volumes rise as momentum swings in offices’ favor
Research - JULY 30, 2026

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European real estate investment volumes rise as momentum swings in offices’ favor

by Released

European real estate investment reached €59 billion ($68 billion) in second quarter 2026, totaling €116 billion ($134 billion) in the first half of 2026, according to global real estate advisor CBRE. The first half figure represents a 10 percent increase when compared with the same period last year.

A significant proportion of first half investment was concentrated in three of Europe’s largest markets. The United Kingdom received the most investment at €26.5 billion ($30.6 billion), followed by Germany at €16.2 billion ($18.7 billion) and Spain at €12 billion ($13.8 billion).

Spain saw a notable increase when compared with first half 2025, with investment up 59 percent. Many other countries recorded higher investment volumes, including Poland (72 percent), Sweden (71 percent), Finland (48 percent), the Netherlands (37 percent) and Germany (13 percent).

At a sector level, offices attracted a substantial share of investment, with €11.5 billion ($13.3

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