European Commercial Property Values Rise 0.7% in Q1 as Cashflow Drives 7th Straight Gain
Updated
Updated · Altus Group · May 11
European Commercial Property Values Rise 0.7% in Q1 as Cashflow Drives 7th Straight Gain
3 articles · Updated · Altus Group · May 11
Altus Group’s pan-European dataset showed commercial property values rose 0.7% in Q1 2026, up from 0.4% in Q4 and marking a seventh consecutive quarter of appreciation.
Cashflow added 1.0% to values through stronger contract and market rents, while valuation yields widened for a second straight quarter, trimming gains by 0.1% and signaling continued investor caution.
Residential led the main sectors with a 1.2% increase, industrial and retail each gained 0.7%, and offices lagged at 0.2% as a 0.5% capital-investment drag highlighted structural pressure.
Across roughly €30 billion of assets in 16 countries, values are up 1.7% over the past year but still down 1.6% annualized over three years and 0.9% annualized over five years.
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