Cushman & Wakefield’s Midpoint 2025: From Caution to Strategic Conviction report reveals a European commercial real estate market that is stabilizing and showing signs of renewed investor confidence, despite ongoing macroeconomic and geopolitical uncertainties.
The firm’s latest data shows that transaction volumes rose 7.4 percent year-on-year in first quarter, with Germany and the United Kingdom leading the recovery. While the on-again and off-again trade tensions between the United States and the European Union continue to weigh on sentiment, Cushman & Wakefield believes the worst of the trade disruption has passed and will continue to ease as new deals are agreed. There is further cause for optimism with moves toward a more expansionary fiscal policy setting the stage for a recovery in 2026.
“The European commercial real estate market i
