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We have detected that fraudulent individuals are misusing the "DWS" trademark and the names of DWS employees on the internet and social media. These fraudsters are operating fake websites, Facebook pages, WhatsApp groups and Mobile Apps. Please be aware that DWS does not have any Facebook Ambassador profiles or WhatsApp chats. If you receive any unexpected calls, messages, or emails claiming to be from DWS, exercise caution and do not make any payments or disclose personal information. We encourage you to report any suspicious activity to info@dws.com, including any relevant documents and the original fraudulent email. Additionally, if you believe you have been a victim of fraud, please notify your local authorities and take steps to protect yourself.
Infrastructure Strategic Outlook 2026: Mid-Year Update
7/7/2026
July, 2026
Richard Marshall
Head of Infrastructure Research
Infrastructure remains relatively stable heading into the second half of 2026, even though the outlook is more cautious than earlier in the year. Ongoing geopolitical tensions, energy price volatility, and higher interest rates have slowed growth expectations and reduced deal activity. Despite this, infrastructure continues to benefit from steady demand and long-term investment needs, particularly in essential areas like energy, transport, and digital services.
Economic conditions have softened globally, with slightly lower growth and rising inflation pressures linked mainly to energy markets. Higher interest rates are increasing financing costs and slowing transactions, but they are not expected to rise sharply from here. Infrastructure assets have historically shown resilience during uncertain periods, as they tend to generate stable income, although returns may be more moderate in the near term.
Looking ahead, long-term opportunities remain strong—especially in Europe—driven by the need for cleaner energy, digital infrastructure (like data centers), and more efficient transport systems. Investors are expected to focus on high-quality assets with reliable demand, strong financial positions, and clear long-term value. Overall, while short-term conditions are more challenging, the sector continues to offer stable, long-term investment potential.