The first event in Brussels focused on the "resilience" of the real estate market, whereas today investors are shifting their attention to "selectivity," as well as capital structure and growth prospects in European real estate.
"If Brussels marked the return of confidence, Paris highlighted the need for targeted choices and effective execution," EPRA noted in a related publication. Across all major sectors—offices, retail, residential, and data centers—participants at the event agreed that fundamentals remain supportive; however, a strong capital base, access to financing, and property quality are now decisive factors.
Experts emphasized that despite ongoing political and macroeconomic uncertainty, investment interest is gradually returning. Special attention was given to renewed activity from North American investment funds, as well as the resumption of development activity, provided that sufficient returns, high pre-leasing rates, and risk-sharing structures are in place.
France was at the center of the discussion, with speakers highlighting its structural advantages: resilient demand for prime office properties, strong and well-located retail schemes, and growing attractiveness for investments in data centers. Key factors supporting this include competitive, low-carbon-footprint energy costs and available land. At the same time, EPRA Insight Paris emphasized a market moving away from broad recovery narratives and toward disciplined capital allocation, clear sector differentiation, and a focus on quality and long-term value.