Colliers – EMEA Capital Markets Snapshot, Q1 2025

The main theme of the report is the analysis of changes in the commercial real estate market in Europe amid global economic and political changes in 2025.

Key findings include changes in global trade and their impact on investment strategies in commercial real estate, uncertainty regarding political and market reactions to new tariffs and their implications for inflation, interest rates, and exchange rates, expected short-term decline in global capital flow with a subsequent return to international diversification, increased interest in sectors related to defense and security due to increased defense spending in Europe, and stable demand for office space in key European locations such as Paris, Berlin, and London.