After a year defined by uncertainty and adjustment, Europe’s real estate markets are entering 2026 with renewed confidence according to Cushman & Wakefield’s latest forecasts in its European Outlook 2026.
The report reveals a region poised for recovery, supported by stabilizing economic conditions, improving financing costs, and structural growth drivers. Investors and occupiers alike are shifting from caution to action, and with a particular focus on prime and ESG-compliant assets.
“As we head into 2026, the tone has shifted meaningfully,” said Kevin Thorpe, chief economist at Cushman & Wakefield.“ There is still risk on both sides of the outlook, but we’ve moved past the peak levels of uncertainty, and confidence in the commercial real estate sector is building. Capital is flowing again, interest rates are stable or moving lower, a