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Listed real estate in Europe: the turning point of a new cycle

Par Carl Pauli, Fundamental Equity Fund Manager chez DPAM
Lower financing costs, stabilizing fundamentals and attractive valuations are creating an environment conducive to a return of confidence and the emergence of a new growth cycle, according to Carl Pauli (DR).
Lower financing costs, stabilizing fundamentals and attractive valuations are creating an environment conducive to a return of confidence and the emergence of a new growth cycle, according to Carl Pauli (DR).
By Carl Pauli, Fundamental Equity Fund Manager chez DPAM
October 22, 2025 | 11:30 AM

Translated from French.

After several years of turbulence, the European listed real estate market is settling into a more constructive dynamic in 2025. Lower financing costs, stabilizing fundamentals and attractive valuations are creating an environment conducive to a return of confidence and the emergence of a new growth cycle.

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News | Listed real estate in Europe: the turning point of a new cycle