European real estate investment volumes are expected to reach some €77 billion in the fourth quarter of 2025, a 12 percent year-over-year increase, says Savills.
Should the advisory firm’s initial estimations prove to be correct, then the total volume for 2025 will amount to €215 billion, which would be 9 percent higher than the total recorded in 2024. Nine countries in Europe — the Czech Republic, Finland, Portugal, Denmark, Belgium, Spain, Sweden, Hungary and Norway — are expected to see their investment volumes to increase by 20 percent or more, when compared with 2024.
In a report examining preliminary results for the fourth quarter of 2025, Savills also underlines a surge in appetite for operational assets. These, says the report, offer more resilient, predictable income streams as they are less cyclical and typically more ESG-aligned. In addition, many operational assets provide a notable yield premium over traditional sectors.
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