Colliers – EMEA Capital Markets Snapshot, Q3 2024

Colliers' EMEA Capital Markets Snapshot for Q3 2024 highlights a revival in European commercial real estate investment, spurred by a rate cut from the European Central Bank. The report notes that several significant assets have entered the market, with renewed investor interest in the retail sector leading to multiple €100 million-plus deals advancing to late stages. This positive trend extends to previously sluggish markets, including the Nordics. Despite volumes remaining low by historical standards, Q3 witnessed a marked improvement in sentiment and the transaction pipeline. The ECB rate cut has led some deals to be postponed into 2025, as investors await potential further easing to enhance their competitive and pricing positions. Additionally, investors have rediscovered the potential of retail assets, particularly modern, well-located shopping centres that have demonstrated stable income and revenue growth in recent years.