The global real estate market has turned a corner.

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The European real estate market appears to be entering a promising new chapter.

Watch Ruben Bos, Head of Real Estate Investment Strategy, Europe explain why.

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Global Real Estate Strategic Outlook

January 2026

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Real Estate Strategic Outlooks: Year-End 2025

The Real Estate Strategic Outlooks reflect the DWS Real Estate Research team's opinions of the various aspects of Real Estate markets across the United States, Europe, and Asia Pacific. This information represents our theoretical views on Real Estate markets globally and do not intend to comment on any DWS products or strategies or serve as investment advice, a recommendation, an offer or solicitation.

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Global Real Estate Strategic Outlook

Mid-Year 2025

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Real Estate Research

DWS's integrated top-down and bottom-up approach provides depth of insight into real estate markets powered by our dedicated real estate research team.

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Real Estate Strategic Outlooks

2025 Reports

August | Global Real Estate Strategic Outlook Download Report
June | Europe Real Estate Strategic Outlook Download Report
June | U.S. Real Estate Strategic Outlook Download Report
June| Asia Pacific Real Estate Strategic Outlook Download Report

2024 Reports

December | Europe Real Estate Strategic Outlook Download Report
December | U.S. Real Estate Strategic Outlook Download Report
December | Asia Pacific Real Estate Strategic Outlook Download Report
July | Global Real Estate Strategic Outlook Download Report
June | U.S. Real Estate Strategic Outlook Download Report
June | Europe Real Estate Strategic Outlook Download Report
June | Asia Pacific Real Estate Strategic Outlook Download Report
June | Australia Real Estate Strategic Outlook Download Report
June | Japan Real Estate Strategic Outlook Download Report
June | South Korea Real Estate Strategic Outlook Download Report
June | Poland Strategic Outlook Download Report
June | UK Strategic Outlook Download Report
June | France Strategic Outlook Download Report
June | Germany Strategic Outlook Download Report
June | Iberia Strategic Outlook Download Report
June | Italy Strategic Outlook Download Report
June | Netherlands Strategic Outlook Download Report
June | Nordic Strategic Outlook Download Report
March | Europe Real Estate Debt Strategic Outlook Download Report
January | Australia Real Estate Strategic Outlook Download Report
January | Japan Real Estate Strategic Outlook Download Report
January | South Korea Real Estate Strategic Outlook Download Report
January | U.K. Real Estate Strategic Outlook Download Report
January | Italy Real Estate Strategic Outlook Download Report
January | Netherlands Real Estate Strategic Outlook Download Report
January | Nordics Real Estate Strategic Outlook Download Report
January | Poland Real Estate Strategic Outlook Download Report
January | France Real Estate Strategic Outlook Download Report
January | Germany Real Estate Strategic Outlook Download Report
January | Iberia Real Estate Strategic Outlook Download Report
January | Global Real Estate Strategic Outlook Download Report
January | Asia Pacific Real Estate Strategic Outlook Download Report
January | Europe Real Estate Strategic Outlook Download Report
January | U.S. Real Estate Strategic Outlook Download Report

2023 Reports

September | U.K. Real Estate Strategic Outlook

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September | Italy Real Estate Strategic Outlook

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September | Netherlands Real Estate Strategic Outlook

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September | Nordics Real Estate Strategic Outlook

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September | Poland Real Estate Strategic Outlook

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September | France Real Estate Strategic Outlook

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September | Germany Real Estate Strategic Outlook

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September | Iberia Real Estate Strategic Outlook

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September | De-Bunking the Doomsday Delusion

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August | Global Real Estate Strategic Outlook

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July | Europe Real Estate Strategic Outlook

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July | Asia Pacific Real Estate Strategic Outlook

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July | U.S. Real Estate Strategic Outlook

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May | Europe Real Estate Debt Strategic Outlook

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May | Japan Real Estate Market Outlook Report

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March | UK Real Estate Strategic Outlook

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March | Poland Real Estate Strategic Outlook

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March | Nordics Real Estate Strategic Outlook

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March | Netherlands Real Estate Strategic Outlook

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March | Italy Real Estate Strategic Outlook

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March | Iberia Real Estate Strategic Outlook

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March | Germany Real Estate Strategic Outlook

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March | France Real Estate Strategic Outlook

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February | Global Real Estate Strategic Outlook

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January | Asia Pacific Real Estate Strategic Outlook

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January | Europe Real Estate Strategic Outlook

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January | U.S. Real Estate Strategic Outlook

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European Real Estate Outlooks

Read the latest in-depth sector outlooks and fundamentals driving key European real estate markets.

Reports: France, Germany, Iberia, Italy, the Netherlands, the Nordics, Poland and the UK.

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Asia Pacific Real Estate Outlooks

Read the latest in-depth sector outlooks and fundamentals driving key Asia Pacific real estate markets.

Reports: Australia, Japan and the South Korea.

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Special Topic Reports

2026 Reports

February | Beds, Sheds & Beyond

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February | Data Centres: Asset Classes, Strategies and the AI boom

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January | Global Real Estate Strategic Outlook

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2025 Reports

December | Real Estate Strategic Outlooks: Year-End 2025

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December | Europe Property Performance Monitor

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December | U.S. Property Performance Monitor

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November | Sydney Residential – Unlocking the West

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November | 10 Macro Trends and the Future of APAC Real Estate

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November | Europe Real Estate Debt Market Update

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October | Retail 2030: Where will the Next Decade's Growth Be?

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September | Housing Affordability Review – 2025

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September | Brisbane Residential – Gold Medal Growth

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September | United States Economic Map

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September | Europe Property Performance Monitor

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August | Spain Residential: Growth and Opportunity

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August | Autonomous Vehicles - Impact on Real Estate

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August | U.S. Property Performance Monitor

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July | Real Estate Strategic Outlooks

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June | Europe Real Estate Debt Market Report

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May | U.S. Property Performance Monitor

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May | Flash Report: Viva España! A Magnet for Property Investment

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April | Tariffs and European Real Estate: A First Reaction

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April | Notre Dame Rises; Will the Real Estate Market?

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April | Europe: Stepping Up as a Pinch Hitter

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March | Japan Real Estate Market Outlook Report

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March | Europe Property Performance Monitor

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March | A Tale of Two Cities: London’s Office Divide

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February | U.S. Economic Maps

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February | European Real Estate Debt Opportunities

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February | U.S. Property Performance Monitor

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January | Global Real Estate Strategic Outlook

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December | South Korea Real Estate Market Annual Report

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2024 Reports

November | CapEx: Opening the Black Box

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November | U.S. Property Performance Monitor

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November | Europe Real Estate Debt Market Update

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November | Housing Affordability Review – 2024

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November | U.S. Private Commercial Real Estate Debt Opportunity

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October | APAC Real Estate Debt Market Update

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September | Designing a flexible framework for social impact

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September | Build-To-Rent in Australia: The Growth Opportunity

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September | European Living Refurbishment

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September | Indian Real Estate Strategic Outlook

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August | Rental Residential Real Estate: Tailwinds Creating Conditions for Sustained Growth

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August | Scarcity: Navigating Supply-Constrained European Markets

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August | Japan Urban Retail Market Update

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May | Windy Cities: Energy & Real Estate

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May | Japan Real Estate Market Outlook Report

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April | Energy efficiency policies & investments

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January | Pursuing Higher Returns in European Logistics

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Property Performance Monitor

2025 Reports

Third Quarter | Europe Property Performance Monitor Download Report
Third Quarter | U.S. Property Performance Monitor Download Report
Second Quarter | Europe Property Performance Monitor Download Report
Second Quarter | U.S. Property Performance Monitor Download Report
First Quarter | U.S. Property Performance Monitor Download Report

2024 Reports

Fourth Quarter | Europe Property Performance Monitor Download Report
Fourth Quarter | U.S. Property Performance Monitor Download Report
Third Quarter | Europe Property Performance Monitor Download Report
Third Quarter | U.S. Property Performance Monitor Download Report
Second Quarter | Europe Property Performance Monitor Download Report
Second Quarter | U.S. Property Performance Monitor Download Report
First Quarter | Europe Property Performance Monitor Download Report
First Quarter | U.S. Property Performance Monitor Download Report

2023 Reports

Fourth Quarter | Europe Property Performance Monitor Download Report
Fourth Quarter | U.S. Property Performance Monitor Download Report
Third Quarter | APAC Property Performance Monitor Download Report
Third Quarter | Europe Property Performance Monitor Download Report
Third Quarter | U.S. Property Performance Monitor Download Report
Second Quarter | APAC Property Performance Monitor Download Report
Second Quarter | Europe Property Performance Monitor Download Report
Second Quarter | U.S. Property Performance Monitor Download Report
First Quarter | Europe Property Performance Monitor Download Report
First Quarter | APAC Property Performance Monitor Download Report
First Quarter | U.S. Property Performance Monitor Download Report

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