Real Estate International Markets

Capital on the Move: From London to Southern Europe We’re witnessing one of the most important capital shifts in recent memory: money is moving out of the U.K. property market and flowing into Spain, Portugal, Dubai, and Cyprus. Why? In Prime Central London, prices are not just soft—they’re down as much as 40% if you hit the bid. Liquidity has vanished. Mortgages are resetting higher, owners face a liquidity crisis, and foreclosure pipelines are quietly building. The market feels stuck: sellers anchored to yesterday’s valuations, buyers demanding deep discounts, and the debt layer tightening with every passing quarter. Meanwhile, international capital is hunting for yield, lifestyle, and resilience. Across southern Europe and the Gulf, assets are cheaper, financing often more flexible, and the long-term structural demand story is intact—especially when compared to a U.K. market frozen by tax policy, political risk, and affordability collapse. But not every sector is worth chasing. The ultra-prime is overbought, the speculative holiday home markets over-supplied. The only part of the market that offers sensible, scalable opportunity is the squeezed middle: • People who don’t qualify for social housing, • Can’t afford prime or luxury, • Yet need good quality rental and ownership options. This middle segment is underbuilt in every market—from London to Lisbon to Limassol. It’s where demand is permanent, and where institutional capital can find sustainable strategies rather than speculative trades. Capital is flowing. The question is whether investors will chase the headlines—or build in the middle, where the long-term value truly lies. #CapitalFlows #RealEstateInvestment #UKProperty #SouthernEurope #SpainProperty #PortugalProperty #DubaiRealEstate #CyprusProperty #HousingCrisis #SqueezedMiddle #InstitutionalCapital #PropertyInvestment

I'm a huge fan of Prologis' annual predictions for trends in global supply chains. Here's what I would add for the IMEA region. I spent 5 years focused on logistics & industrial real estate in India, Middle East and Africa (IMEA). Given the dynamic nature of these markets, I enjoyed observing global trends to see what would find it's way to our markets. Prologis, the world's largest industrial & logistics real estate leader, publishes some fantastic thought leadership, helmed by Melinda McLaughlin and team. Prologis Research tapped into decades of industry experience, proprietary data, and unique property and customer insights to predict seven supply chain trends for 2025. 1. Bulk space will rebalance first: Vacancy rates will fall the fastest for the largest buildings in U.S. and Europe. A combination of increasing demand and limited new supply will push vacancy rates down by 100 bps or more for buildings 500,000 square feet or larger. 2. Freight will fly: Air cargo volume will surge by double digits, fueled by growing international e-commerce beyond China and the U.S. 3. South America’s turn to take the stage: Brazil’s logistics real estate rent growth will surpass the global average by more than 500 bps as vacancy rates fall to never-before-seen mid-single digits.i 4. All quiet on the construction front: Groundbreakings of logistics real estate buildings will decrease further in 2025, remaining 15% below normal globally. 5. California’s domino effect: New legislation will seek to limit new supply in key locations. Following the passage of State Bill AB98 in California, we expect other states to propose similar measures in 2025. 6. Better together: Freight industry consolidation will accelerate. M&A activity will intensify and drive technology investment and the next wave of expansion. 7. What global trade slowdown? U.S. imports will grow faster than GDP despite new tariffs and the East Coast will take a larger share post-International Longshoreman Association (ILA) contract ratification.  Here's what I would add for the IMEA region: i. More institutional players will enter with speculative supply - From India to Saudi Arabia and the UAE, given the maturity of the Grade A market, more institutional capital will take speculative risk, where attractive development returns are to be made ii. Many emerging markets will (continue) to struggle to transition to Grade A - tenants in most African countries will struggle to make the business case work to transition from Grade B to modern Grade A warehousing. iii. Industrial real estate will have its moment in a few markets - Light industrial manufacturing will grow in a few markets like India, Egypt and Morocco iv. Currency and macro volatility will continue to dampen investment appetite in many African markets v. The first logistics REIT in India? Will Blackstone finally list its India logistics platform? Equites Property Fund Limited was the first logistics REIT in Africa.

I just spent 3 days uncovering trends by analyzing CRE transactions. Here’s what I found 👇🏾 Reflecting on the past few years in commercial real estate, it’s clear that transaction volumes have mirrored the shifting economic landscape. After a steep decline in 2023, we saw a slight rebound in 2024, with volumes reaching $392 billion—an 8% increase. Why does this matter? Because it signals a market that’s finding its footing again. As brokers, it’s our responsibility to not just track the numbers, but understand the story behind them. Several factors are setting the stage for a stronger 2025: - Debt Maturities: Around $600 billion in CRE loans will mature in 2025, pushing many owners to refinance, sell, or restructure. - Easing Interest Rates: Expected cuts will lower borrowing costs, making deals more financially feasible. - Pent-Up Demand: After two years of caution, investors are ready to re-engage, driven by stabilizing fundamentals and better financing options. 2025 could see a continued recovery, with projected volumes reaching $425 billion. Now is the time to position ourselves and our clients to capitalize on the opportunities that lie ahead. What are your thoughts on how 2025 will unfold? Drop your insights below! #CommercialRealEstate #CRE #MarketOutlook #Investment #2025Trends

Europe is waking up to a new reality. With the U.S. pulling back its military presence, countries across the continent are being forced to invest in their own defence and adjacent industries to remain strategically independent. For real estate, that creates a new wave of space demand. Warehouses, logistics hubs, data centres, and industrial spaces will be at the heart of Europe’s push for self-reliance. Governments and private players alike will need space to support everything from defence supply chains to AI infrastructure. I see the intersection of policy, infrastructure and investment becoming one of the most dynamic drivers of real estate growth in Europe, and @Sirius Real Estate is already positioning to support the manufacturing base that will enable national defence capabilities. For investors too, understanding these macro shifts isn’t optional, it’s essential. Europe’s renewed focus on strategic autonomy is more than a headline, and is set to shape the next generation of real estate demand. You can read the full coverage from @Bisnow here: https://lnkd.in/ekyTTFvZ    #SiriusRealEstate #Defence 

New research from JLL and MIT challenges some of the assumptions the market has been making about AI's impact on commercial real estate.   The findings draw on JLL's 2026 Future of Work survey and our research partnership with MIT's Sloan School of Management and Center for Real Estate. Four things stand out.   Markets with the highest AI exposure are not necessarily those under most pressure. ·      San Francisco is a good example - nearly 30% of leasing since 2025 has come from AI companies, despite carrying among the highest job dislocation risk in the US. ·      AI is generating four distinct trajectories, not a single outcome. The balance of augmentation, displacement and job creation varies significantly by geography and by industry, separating markets with the capacity to adapt from those without. ·      Supply dynamics are doing considerable work in the background. Office construction in the US and Europe is at historic lows, pushing trophy rents to all-time highs - even as US tech employment dipped 1.5% in early 2026. ·      Industries are diverging sharply. Logistics and healthcare are augmenting workforces; professional services are restructuring delivery models around AI. Globally, 60% of companies still plan to grow headcount over the next three to five years.   The question has moved on from whether a market has AI exposure. What matters now is whether it has the talent, infrastructure, and quality real estate to be better placed to capitalise on the opportunities AI creates. While the headlines and the macro trends are important, for investors and occupiers alike, the analytical edge will come from getting genuinely granular - on markets, on submarkets and on individual assets.   Read the full research: https://lnkd.in/e6h2AqQs #JLL #AI #CRE #CommercialRealEstate #FutureOfWork

🔔 New article: Investing in Poland’s Real Estate Market in 2026 Poland’s commercial and residential real estate markets are moving into a new phase: recovery with far more complex parameters. In our latest piece we look at what this means for informed capital and long‑term strategies. 🌍 We explore how investors should think about Poland’s market towards 2026: • why growth is becoming selective, not broad‑based, across cities and sectors, • how ESG and new regulations are turning into hard constraints on value, liquidity and financing, • where technology, AI and PropTech are already creating an information and execution edge, • how geopolitics and the cost of capital are reshaping risk appetite and leverage, and • why asset adaptability and alternative uses matter for both commercial and residential portfolios. 🔑 We also outline the evolving investor skillset needed to navigate this environment: • hyper‑local intelligence across key Polish cities and regional hubs, • structured assessment of regulatory, ESG and financing risk, • genuine digital and analytical literacy in underwriting and asset management, • practical ESG competence – from building‑performance data to retrofit planning, and • flexible, multi‑source capital‑markets capabilities aligned with each business plan. With 10+ years in cross‑border brokerage and capital markets advisory, Frost International Real Estate supports private investors, family offices, developers, funds, institutions and occupiers across Poland and Central and Eastern Europe (CEE) in: • sourcing on‑ and off‑market commercial and residential opportunities, • structuring transactions and coordinating technical, legal, tax, commercial and ESG due diligence, • repositioning, converting and ESG‑optimising existing assets across offices, logistics, retail and living sectors. Message me for tailored insight, market‑tested pricing views or discreet off‑market introductions aligned with your strategy in Poland and CEE. #Poland #RealEstate #CommercialRealEstate #ResidentialRealEstate #PRS #Logistics #Offices #Retail #ESG #PropTech #CEEproperty #RealEstateInvestment #CapitalMarkets #FrostInternationalRealEstate Frost International Real Estate 🔗 Full article:

Europe's short-term rental market grew 37% in 4 years. But the map looks nothing like you'd expect. We compared AirDNA data from ~2021 against fresh March 2026 numbers across 24 European markets. Here's what stood out: Italy nearly tripled (+146%), the continent's biggest surprise. Milan, coastal regions, and agritourism all exploding. Eastern Europe is the new frontier. Slovakia, Czech Republic, Slovenia, Romania all grew 70–95%. The STR wave is moving east. Western giants are flatlining. France -8%, Netherlands -1%, UK essentially unchanged. Regulation biting? Supply saturation? Both. Switzerland: steady +17%. No surprise, quality over quantity, and the market reflects it. The story isn't "STR is growing everywhere." It's that mature markets are hitting a ceiling while emerging markets are just getting started. For operators and investors: the alpha is no longer in Paris, Amsterdam, or London. It's in the markets that aren't crowded yet. At AJL Atelier, this is exactly the kind of market intelligence we use to help STR operators, investors, and hospitality brands make smarter strategic decisions, whether that's market entry, portfolio growth, or M&A advisory. If you're navigating what's next in short-term rentals, let's talk. 👉 ajlatelier.com Data: AirDNA | Analysis: Markos Tsinganis, AJL Atelier #ShortTermRentals #STR #Airbnb #RealEstate #HospitalityInvesting #EuropeanMarkets AJL Atelier STR Global Unlocked

Europe’s data centre market is no longer defined by growth alone. It is defined by constraint. CBRE’s European Real Estate Market Outlook 2026 highlights a market where demand continues to accelerate, while delivery is increasingly constrained by power availability and infrastructure readiness. This is changing how decisions are made. Scale still matters, but certainty matters more. Location remains critical, but access to power, planning clarity and deliverability now sit at the centre of value creation. Supply remains concentrated, with markets such as London continuing to lead, not because demand is unique, but because constraints are better understood and navigated. The implication is clear. The next phase of growth will favour those who align capital, infrastructure and execution early. The opportunity remains compelling. But the margin for error is narrowing. Read the full European Real Estate Market Outlook 2026 for the data and analysis behind these trends: https://lnkd.in/e2_GHDAs Further insight on the trends shaping Europe’s data centre markets will follow. #CBRE #DCS #CBREDataCentreSolutions #DataCentres #DigitalInfrastructure #MarketOutlook #EuropeanRealEstate #CBREUK #AIready

India’s next office space revolution is being powered by a new engine — GCCs. 🇮🇳 A decade ago, Global Capability Centres (GCCs) were largely viewed as back-office operations. Today, they are becoming innovation hubs, global decision-making centres and strategic extensions of Fortune 500 companies. The recent ₹1,250 crore GCC lease deal at Embassy REIT’s Bengaluru campus is another strong indicator of this transformation — with a global company committing for ~8.3 lakh sq ft of premium office space. The larger trend is even more significant: 🔹 GCCs accounted for a substantial share of India’s Grade A office absorption 🔹 Bengaluru, NCR & Mumbai continue to lead demand 🔹 Fortune 500 companies are expanding India operations across technology, AI, analytics, engineering, finance & R&D 🔹 High-quality, sustainable, green-certified campuses are becoming the preferred choice What does this mean for Indian real estate? 1. Office demand is becoming more resilient The conversation has moved from “office recovery” to “office reinvention”. Companies are not just taking space — they are creating ecosystems that attract talent. 2. GCC growth is creating economic multiplier effects Beyond real estate: * High-value jobs * Technology capability building * Global knowledge transfer * Increased forex inflows * Growth of surrounding residential & retail markets 3. REITs are emerging as key beneficiaries Institutional-grade assets with strong tenants, long leases and rental escalations are increasingly attractive because they combine: ✅ Stable income streams ✅ Professional asset management ✅ Transparency ✅ Access to commercial real estate for a wider investor base India’s commercial real estate story is no longer only about buildings. It is about global businesses choosing India as a long-term innovation and talent destination. The next phase of Indian real estate will be shaped by the intersection of: Technology + Talent + Institutional Capital + World-class Infrastructure The office is evolving — and India is becoming the workplace of the world. 🇮🇳 #GCC #IndianRealEstate #CommercialRealEstate #REITs #OfficeMarkets #Bengaluru #Mumbai #IndiaGrowthStory #RealEstateInvestment

THE NEXT WAVE OF CAPITAL IS COMMERCIAL. Institutional capital is quietly moving into commercial real estate. The headlines often focus on residential developments. But the strongest long-term opportunities are increasingly being created in offices, logistics, retail and income-producing commercial assets. Here's why. Dubai recorded AED 252 #billion in real estate transactions during Q1 2026, representing a 31% year-on-year increase in transaction value. At the same time, #commercial fundamentals continue to strengthen: ✔ Prime office occupancy is approaching 95%. ✔ Prime office rents increased by up to 16% year-on-year. ✔ Industrial and logistics assets continue to benefit from limited Grade-A supply and rising international trade activity. This momentum is supported by long-term government initiatives rather than short-term market sentiment. Under the #Dubai Economic Agenda (D33), the Emirate aims to: • Double the size of its economy by 2033 • Attract AED 650 billion in foreign direct investment • Expand its global trade network to 400 cities These structural initiatives are expected to continue driving demand for commercial real estate across key business districts and logistics corridors. For investors, this creates opportunities across multiple sectors: ▪ Grade-A Office Buildings ▪ Logistics & Industrial Assets ▪ Retail & High-Street Commercial Units ▪ Mixed-Use Commercial Investments The question is no longer: "Should I invest in Dubai?" The real question is: "Which commercial assets will continue generating income and capital growth over the next decade?" Every week, I work with investors from Europe, the GCC and beyond who are looking to acquire income-producing commercial real estate in Dubai. From private investors entering the market with smaller ticket sizes to institutional acquisitions, one thing remains consistent: The best investments are driven by fundamentals—not headlines. For more than 15 years, we have been advising investors, developers and corporate occupiers on commercial real estate transactions across Europe and the GCC. Our expertise provides access to carefully selected investment opportunities across Office, Logistics & Industrial, Retail, Hospitality, F&B, Mixed-Use developments and institutional commercial assets—both on-market and off-market. Whether you're acquiring a single income-producing asset or building a diversified commercial portfolio, we connect capital with the right opportunities. Speak with us to explore current investment opportunities in Dubai. The next opportunity is rarely obvious. That's why market insight matters. #Dubai #CommercialRealEstate #DubaiRealEstate #Investment #CapitalMarkets #OfficeInvestment #Logistics #Retail #BusinessBay #DIFC #IncomeProducingAssets #PantheraCapitalPartners