Colliers – EMEA Capital Markets Snapshot, Q3 2025

The main theme of the report is the analysis of capital markets in the EMEA region (Europe, Middle East, and Africa) for the third quarter of 2025.

Key findings include improved investor sentiment across most asset classes, stabilization of yields, and improved debt conditions, creating a cautiously optimistic outlook for the end of 2025 and the beginning of 2026. The office segment shows early signs of recovery, especially in major cities like London and Paris. The industrial and logistics sector continues to attract strong investor interest, particularly in Germany, the Netherlands, and France. The retail sector is experiencing selective recovery, especially in retail parks and large shopping centers in Spain, Germany, and the UK. The residential sector remains a focus for investors, with an emphasis on student housing and multifamily properties.