In its latest Global Capital Markets reports, Savills has examined the likely short- and long-term impacts of recent macroeconomic and geopolitical uncertainty, concluding that globally the fundamentals of the office and industrial markets remain sound long-term.
In the office sector, Savills says that while first quarter volumes remained low at $35 billion globally, there is some momentum building behind office investment, with the average yield across 15 major global markets remaining unchanged this quarter for the first time in three years. Interest from larger institutional and cross-border capital in the offices sector is also rising: Combined, these groups increased their market share of transactional activity to nearly 50 percent in early 2025, up from ar