"As we look forward to 2026, Savills Research talked to regional occupational and investment experts across our European network. Based on this, we have produced the following outlook, examining the common themes across European markets and summarising individual market conditions throughout Europe."

"Key property themes that will impact the European real estate sector in 2026"

"European real estate investment volumes are on track to reach c.€77 billion in Q4 2025, a 12% year-on-year increase. This would bring the full-year total to c.€215 billion, 9% higher than volumes recorded last year"

"Since the beginning of the year, total industrial stock in the Czech Republic has expanded by 659,700 sq m, driven primarily by new development completions and supported by several sale & leaseback transactions. The volume of completions recorded year-to-date is 29% higher than in the same period last year and 6% above the 5-year average for the first three quarters.  "

"European retail sales are returning to levels seen before the pandemic as economic headwinds ease, though the prolonged period of economic instability has resulted in consumers prioritising saving more. "