Global real estate investment is expected to grow by around 15% in 2026, surpassing the barrier of one trillion dollars — approximately 850 billion euros —, according to the new outlook from Savills World Research published in Impacts magazine.
If it comes to fruition, it will be the first time that volume has reached this level since 2022.
The EMEA region (Europe, Middle East and Africa) is expected to record the greatest growth, with a predicted increase of 22% to around 300 billion dollars (≈ 255 billion euros). The Americas maintain leadership in absolute terms, with a projected 570 billion dollars (≈ 484.5 billion euros), of which 530 billion in the United States (≈ 450.5 billion euros).
The offices prime should absorb around a quarter of global investment, reinforcing the importance of this segment in 2026. Savills expects a recovery in the office market supported by the return of institutional capital, the stabilization of demand and the resumption of transactions after years of reduced activity.
Rasheed Hassan, Head of Global Cross Border Investment from Savills, states that “capital values have stabilized at a low level, the average volume of transactions is increasing and debt is once again adding value to returns. These trends should gain strength in 2026.” It adds that investment in the first three quarters of 2025 was 10% above the same period in 2024.
The residential and industrial & logistics sectors should maintain consistent demand from investors, while retail will continue to present opportunities differentiated by subsegment and region. Savills indicates that two-thirds of its experts expect retail rent increases in 2026 and 26% predict stability.
On a technological level, the consultant highlights artificial intelligence as a central theme for the real estate sector next year, right after the economic and fiscal framework. Paul Tostevin, Head of Savills World Researchhighlights that “technological transformation, driven by the greater adoption of AI, plays a central role in the evolution of the market, but investors and occupiers cannot ignore the weight of demographic and behavioral changes”.
About Portugal, Pedro Figueiras, Head of Capital Markets from Savills, notes that “the Portuguese market is no exception to this trend. The fourth quarter of 2025 already reflects this dynamic, and the beginning of 2026 should bring high investment volumes in practically all sectors”.