Manya Rathore
Research expert covering India
Commercial real estate in Europe - statistics & facts
Since the COVID-19 pandemic, the European commercial real estate sector has faced rising pressures, including sluggish economic growth, high construction costs, and declining property values. These challenges were evident through the dramatic decline in investment volumes in 2023 and the suppressed levels through 2024. The shifting economic landscape has impacted all commercial real estate subsectors. Still, offices have been hit the hardest, with the share of commercial real estate investment allocated to offices falling by 21 percentage points between 2019 and 2024. Conversely, industrial real estate has emerged as the most sought-after property type among occupiers and investors.
