Europe Capital Trends: A Market in Recovery
Research Paper
January 29, 2025
Preview
European commercial-property investment edged back to growth in 2024, with deal volume concentrated in the apartment, industrial and hotel markets, while trading of offices stagnated. We analyze the investment trends and provide data across markets and sectors.
Europe Capital Trends highlights:
- Q4 breakthrough : Transaction volumes rose 11% in Q4 2024, reaching the strongest level of deal activity for a quarter since 2022.
- Sector shift : Growth was concentrated in the industrial, apartment and hotel markets, while the office sector continued to stagnate.
- Emerging opportunities : Trading of distressed assets increased and more offices were acquired for redevelopment.
European deal volume in 2024 edged past 2023

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