A new forecast by a real estate consultancy projects a more positive global commercial property market in 2026 and 2027, driven by stronger economic growth, easing inflation, lower interest rates and reduced trade concerns.
The report said capital markets showed improvement in late 2025, with debt activity expected to remain strong in 2026 and investor competition rising. Lenders are expanding appetite across sectors, boosting deal volumes worldwide.
High costs remain the biggest challenge, with financing, wages and building materials pushing firms to prioritize efficiency. Developers and tenants are re‑evaluating budgets, maximizing space and investing in automation and digital tools.
New supply is expected to decline in 2026, especially in North America and Europe, where office development is at historic lows. That shortage is likely to lift rents and force more refurbishment of existing assets.
User experience is becoming a key driver of value, with health, wellness and human‑centered design attracting tenants and talent. Studies show better work environments raise productivity and retention, giving prime sites rental premiums.
Artificial intelligence adoption will reach a decisive stage in 2026, the report said, though only a few firms have achieved tangible results amid data and skills challenges.
Clean energy is emerging as a competitive factor, with buildings increasingly generating and storing power through solar and storage solutions, cutting costs and raising asset values.
The report also noted a shift toward broader investor participation, with regulatory changes and fractional ownership models opening commercial property to more individuals.
Success in 2026, it concluded, will depend on integrating efficiency, user experience, technology, energy and capital management to build a more sustainable sector.