Global real estate investment turnover of $230 billion in first quarter 2026 represented a 5 percent decline on a sequential basis, according to Savills in its latest Quarterly Capital Markets Report, but according to the international real estate adviser, activity could see a robust rebound, with pending deals data indicating an 18 percent year-over-year rise in deals in the second quarter, assuming the market consensus is correct on a relatively swift de-escalation of events in the Middle East.
Savills says a strong pipeline of transactions implies activity is being delayed rather than destroyed, echoing the pattern seen in global real estate markets following the “Liberation Day” tariff shock, when transactional weakness in the first half of 2025 was replaced by strength in the second half.
According to Savills, a swift de-escalation of geopolitical tension will ensure little change to real estate’s underlying fundamentals. It expects pricing to hold fi
