2026 Real Estate Outlook: Europe

2026 Real Estate Global Outlook

PGIM Real Estate views valuations as near cyclical lows globally, positioning 2026 as a compelling investment vintage amid supply shortages, rising grade-A rents and structural demand. Investor surveys point to a pick-up in transaction volume across all sectors.

2026 Real Estate Outlook: United States

PGIM's house view for US commercial real estate in 2026 argues that uncertainty is prolonging the early phase of the recovery cycle, while tepid capital availability creates a favorable vintage for selective acquisitions, development and credit.

2026 Real Estate Outlook: Asia Pacific

PGIM Real Estate's 2026 view on Asia Pacific markets, highlighting the flight to quality and ongoing rental outperformance of CBD over non-CBD offices.

2026 Real Estate Outlook: Private CRE Credit

PGIM Real Estate's 2026 outlook for private commercial real estate credit, noting rising multifamily origination share and demand for transitional bridge-to-agency financing amid upcoming loan maturities.

2025 Real Estate Global Outlook

The 2025 global outlook comprises in-depth research articulating distinct investment views across the United States, Europe, Asia-Pacific and Mexico, as well as the private real estate credit markets globally.

US Government Sold $518 Billion of Treasury Securities this Week. 6-Month to 2-Year Treasury Yields Spike on Warsh’s “Regime Change” at the Fed