Economic uncertainty is beginning to impact investment activity in Europe’s commercial real estate market, as shown by the data recorded for Q2 2022 in the latest Capital Markets Snapshot for EMEA by Colliers. The Q2 2022 assessment also suggests that the forecast of any impacts will vary widely, with a continued appetite for specific sectors and sub-markets

Investment into European real estate reached €152 billion in the first half of 2022 - the strongest ever first half of a year, according to preliminary data from CBRE.

Garbe Industrial Real Estate GmbH raised approximately €400 million in equity among German and international investors for its investment fund, “Garbe Logistics Real Estate Fund Plus III” (GLIF+III). The Luxembourg special AIF (SICAV-RAIF) without maturity is an Article-8 fund with a manage-to-ESG strategy. With a planned investment volume of €5 billion, it is Garbe’s largest pan-European fund for institutional investors to date.

Investment into the European logistics real estate market remained strong in Q1 2022 and experienced a y-o-y growth of 19.6%. The growth of 28% above the five years average has experienced the leased warehouse space. The biggest change occupiers anticipate as a result of the pandemic is the shortening, or reshoring, of supply chains to mitigate risk. Also, the war in Ukraine and China´s lockdowns has driven the demand to record levels, indicates Savills in their last European Logistics Outlook published today.

Data is key for the execution of a successful ESG strategy, according to the first panel discussion at the European ESG Property Forum conference in Warsaw where leading investors, bankers and advisors provided insight into the topic.

As part of its 2022 Savills "Impacts" research programme, the global logistics sector has the wind behind it for the foreseeable future, with the main drivers being ecommerce, and the race for additional warehouse space to secure international company supply chains.

According to Savills latest research, over 5.7 million sqm of new office space will be completed in Europe in 2022, of which 49% is currently pre-let. In Warsaw, Savills forecasts that a rebound in demand and an undersupply of new office stock will translate into visibly shrinking availability.

Cushman & Wakefield’s latest DNA of Real Estate research, covering trends in prime rents and yields across Europe, highlights further strengthening in leasing and investment markets in the first quarter of 2022 as economies fully reopen from the pandemic.

IWG plans to add thousands of locations in the upcoming period as it sees pent-up demand for flexible office spaces across the world. At MIPIM, Property Forum talked to Thomas Sinclair, Chief Investment Officer and Giles Bateman MRICS, Regional Development Director – Continental Europe at IWG about the benefits of flexible spaces for corporates and the post-pandemic development of offices.

Once again, in Q4 2021, the Czech Republic registered the strongest house price growth within the EU, both in a year-on-year (25.8%) and a quarter-on-quarter (5.7%) comparison, well above the EU averages of 10% and 2.1%, respectively, according to Eurostat’s house price index.