Global real estate appears to be entering a more constructive phase, with opportunities concentrated in living, industrial, retail and select alternatives as markets begin a disciplined recovery, according to Hines in its 2026 global investment outlook, titled “Cleared for takeoff: A new flight path for real estate.”
“After years of turbulence, real estate appears to be finding stability,” said David Steinbach, global CIO at Hines. “The next phase should be a steady climb across pockets of opportunity that reward discipline, hyperlocal insight and strong execution. As clarity returns to pricing and fundamentals, investors who stay measured, intentional and strategic will likely be the ones who succeed.”
According to Hines’ analysis, evidence increasingly points to a market bottom in 2025, with recovery gaining traction and expected to become more visible across regions heading into 2026.