Sentiment was cautious in H1 2025 as trade/tariff headlines and macro uncertainty weighed on leasing conversion (with decision drag more pronounced in big-box and lower-grade stock). Even so, a thinner development pipeline and firm prime rents point to clear leasing...

Macro Landscape and Policy Backdrop As of Q2 2025, the European macro environment is marked by cautious optimism tempered by persistent policy and geopolitical uncertainty. Rising trade tensions have reintroduced volatility and clouded the global growth outlook. While...

Plans to defend Europe with a significant increase in German and European investments have already influenced market movements and capital flows. Reforms that were once difficult to implement are now materializing, unlocking new opportunities for strategic industrial...