EMEA Capital Markets | Q3 2022

European real estate markets stand firm through Q3 economic headwinds, brace for tougher Q4

Rising interest rates and weaker growth prospects are beginning to be reflected in asset pricing

Waves of uncertainty emanating from Europe’s macro-economic and geopolitical turbulence are beginning to ripple through commercial real estate markets, but on the evidence of Q3 investor activity appetite remains strong, as reported in the latest Capital Markets snapshot for EMEA.

Germany, France, Italy and Spain all saw strong headline investment volumes for Q3, even as central banks hiked interest rates over the quarter in the face of double-digit inflation across Europe.

Nevertheless, despite robust headline figures, Colliers experts expressed caution, stating that the macro-economic picture cannot be ignored, and is likely to pressurize activity and pricing in the months ahead.

Download the Report