Global capital is on the move as investors redraw the real estate map
Colliers (CIGI) released its 2026 Global Investor Outlook on Nov 18, 2025, saying investors are redeploying capital toward active strategies, platforms and geographic diversification.
Key findings: 49% of investors favour direct investments; 37% prefer core/core-plus while only 9% of funds target those strategies; multi-regional fundraising is ~30%.
Regional flows show North America at 40% fundraising (down from 50%), Europe +50% and APAC +130%. Data centres made up 31% of funds raised Q1–Q3 2025. Cost pressures and geopolitical risks remain headwinds.
Colliers (CIGI) ha pubblicato il suo 2026 Global Investor Outlook il 18 novembre 2025, affermando che gli investitori stanno riallocando capitali verso strategie attive, piattaforme e diversificazione geografica.
Conferme chiave: 49% degli investitori preferisce gli investimenti diretti; 37% privilegia core/core-plus mentre solo 9% dei fondi mira a tali strategie; il fundraising multi-regionale è di circa 30%.
I flussi regionali mostrano l'America del Nord a 40% del fundraising (in calo dal 50%), l'Europa +50% e APAC +130%. I data centre rappresentano il 31% dei fondi raccolti nel primo trimestre–al terzo trimestre del 2025. Le pressioni sui costi e i rischi geopolitici rimangono ostacoli.
Colliers (CIGI) publicó su Perspectiva Global de Inversión 2026 el 18 de noviembre de 2025, indicando que los inversores están reasignando capital hacia estrategias activas, plataformas y diversificación geográfica.
Hallazgos clave: el 49% de los inversores favorece las inversiones directas; el 37% prefiere core/core-plus mientras solo 9% de los fondos apuntan a esas estrategias; el fundraising multi-regional es ~30%.
Los flujos regionales muestran a América del Norte con 40% del fundraising (baja desde el 50%), Europa +50% y APAC +130%. Los centros de datos representaron el 31% de los fondos recaudados en 2025 Q1–Q3. Las presiones de costos y los riesgos geopolíticos siguen siendo obstáculos.
콜라이어스(CIGI)가 2025년 11월 18일 2026 글로벌 투자자 전망을 발표하며 투자자들이 활발한 전략, 플랫폼 및 지리적 다변화에 자본을 재배치하고 있다고 밝혔습니다.
주요 시사점: 투자자의 49%가 직접투자를 선호하고; 37%은 코어/코어-플러스를 선호하는 반면 펀드의 9%만이 이러한 전략을 목표로 한다; 다지역 모금은 약 30%.
지역 흐름에서 북미는 40%의 모금액(50%에서 감소), 유럽은 +50%, APAC는 +130%로 나타났다. 2025년 1Q~3Q의 데이터 센터는 펀드의 31%를 차지했다. 비용 압력과 지정학적 위험은 여전히 역풍이다.
Colliers (CIGI) a publié son Global Investor Outlook 2026 le 18 novembre 2025, indiquant que les investisseurs redéployent leur capital vers des stratégies actives, des plateformes et la diversification géographique.
Conclusions clés : 49% des investisseurs privilégient les investissements directs; 37% préfèrent core/core-plus tandis que seulement 9% des fonds ciblent ces stratégies; les levées de fonds multi-régionales représentent environ 30%.
Les flux régionaux montrent l'Amérique du Nord à 40% des levées (en baisse par rapport à 50%), l'Europe +50% et l'APAC +130%. Les centres de données représentaient 31% des fonds levés au premier au troisième trimestre 2025. Les pressions sur les coûts et les risques géopolitiques restent des vents contraires.
Colliers (CIGI) hat am 18. November 2025 seinen Global Investor Outlook 2026 veröffentlicht und festgestellt, dass Investoren Kapital in Richtung aktiver Strategien, Plattformen und geografischer Diversifizierung umschichten.
Zentrale Ergebnisse: 49% der Investoren bevorzugen Direktinvestitionen; 37% bevorzugen Core/Core-Plus, während nur 9% der Fonds diese Strategien anstreben; Multi-Regional-Fundraising liegt bei ca. 30%.
Regionale Ströme zeigen Nordamerika bei 40% des Fundraisings (von 50% gefallen), Europa +50% und APAC +130%. Rechenzentren machten 31% der in Q1–Q3 2025 aufgebrachten Fonds aus. Kostenbelastungen und geopolitische Risiken bleiben Gegenwinds.
Colliers (CIGI) أصدرت توقعات المستثمر العالمي 2026 في 18 نوفمبر 2025، قائلة إن المستثمرين يعيدون توجيه رأس المال نحو الاستراتيجيات النشطة والمنصات وتنويع جغرافي.
النتائج الرئيسية: 49% من المستثمرين يفضلون الاستثمارات المباشرة؛ 37% يفضلون Core/Core-Plus بينما فقط 9% من الصناديق تستهدف هذه الاستراتيجيات؛ جمع الأموال متعدد المناطق نحو ~30%.
تشير التدفقات الإقليمية إلى أن أميركا الشمالية عند 40% من جمع الأموال (انخفاض من 50%)، أوروبا +50% وAPAC +130%. مراكز البيانات شكلت 31% من الأموال المجموعة في الربع الأول حتى الربع الثالث من 2025. لا تزال ضغوط التكاليف والمخاطر الجيوسياسية تشكّل معوقات.
- 49% of investors favour direct investments and separate accounts
- Multi-regional strategies represent nearly 30% of global fundraising
- Data centres accounted for 31% of funds raised Q1–Q3 2025
- Asia Pacific fundraising jumped 130% year-on-year
- Only 9% of real estate funds target core/core-plus despite 37% investor preference
- North America fundraising fell to 40% from 50% in 2024
- High construction and operating costs accelerating adaptive reuse
Insights
Report shows renewed capital flows into global real estate, sector rotation toward data centres and active, platform-based strategies.
Colliers' 2026 Global Investor Outlook documents a clear shift from passive to active allocations: 49% of investors favour direct investments and separate accounts, 37% prefer core/core-plus strategies while only 9% of funds target those strategies. Fundraising is becoming more multi-regional, with multi-regional strategies near 30% of global fundraising, North America at 40% of 2025 YTD (down from 50%), Europe up 50%, and Asia Pacific up 130%. These figures imply active capital redeployment and a material reweighting of region and strategy exposure.
Sector flows show noticeable concentration: data centres made up 31% of global real estate funds raised in
Risks and dependencies are explicit in the report: cost pressures and geopolitical risks remain constraints, and the disclosed mismatch between investor appetite (37% core/core-plus) and fund supply (9%) could slow execution or increase competition for target assets. Watch for fund closings and platform JV announcements as confirmatory milestones in the next
Colliers’ 2026 Global Investor Outlook reveals investors are shifting from passive structures and actively redeploying capital across sectors and markets
TORONTO and LONDON, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Leading global diversified professional services company Colliers has released its 2026 Global Investor Outlook, revealing investors are re-entering global real estate markets with confidence, pursuing diversification across regions and sectors. Based on Colliers’ proprietary research and a global survey of institutional investors, the report finds that market fundamentals are improving, liquidity is returning, and pricing expectations are normalizing. These trends are fuelling optimism for 2026, even as cost pressures and geopolitical risks remain.
“Investors are changing gears,” said Luke Dawson, Head of Global and EMEA Capital Markets at Colliers. “After a challenging period, capital is moving decisively toward stability and opportunity. Hands-on, controlled strategies and partnerships are driving value as the market regains its footing.”
Investors migrate to active strategies and global diversification
Nearly half of investors (
“This imbalance is prompting investors to rethink how they engage with the market, choosing structures that offer faster execution, flexibility and scale,” said Damian Harrington, Director, Head of Research, Global Capital Markets and EMEA at Colliers. “Platform deals give investors a seat at the table and greater control. It’s a tactical shift that reflects a more engaged, operational approach to capital deployment.”
Global allocations are also evolving, with multi-regional strategies accounting for nearly
Data centres are booming, offices stage a comeback
Data centres accounted for
“Investor preferences are quickly evolving. With the deep integration of digital infrastructure in our economy, renewed interest in offices following expanded return-to-office mandates and momentum across demographic-driven sectors, it’s clear that capital is chasing both innovation and resilience,” continued Dawson.
Industrial, multifamily and retail remain resilient
Industrial, multifamily and retail assets continue to attract capital, particularly in markets with strong fundamentals and constrained supply. Investors are focusing on logistics hubs, urban residential growth corridors and retail formats anchored by essential services.
Value-add driving redevelopment and repositioning
As investors focus on value creation, many are looking to reposition existing assets. High construction and operating costs are accelerating adaptive reuse, particularly in supply-constrained markets. Office buildings are being upgraded to meet sustainability standards and evolving tenant demand, with APAC and Europe leading this trend.
“The year ahead will reward investors who can combine speed with strategy,” concluded Dawson. “We’re seeing a redefinition of how capital is deployed, with tactical execution, platform control and regional rebalancing driving flows. The focus is shifting to value creation, operational influence and long-term resilience across sectors and markets.”
Regional highlights
- United States: Pent-up capital and attractive valuations are fuelling renewed activity, particularly in multifamily, industrial, and data centres.
- EMEA: Europe remains a magnet for global capital, with office and industrial sectors leading a rebound amid improving liquidity and transparency.
- APAC: Robust growth prospects and rising allocations are boosting demand for office, logistics, and emerging alternatives such as data centres and student housing.
- Canada: Safe-haven appeal and supply constraints in multifamily and retail sectors are driving investor confidence, with institutional capital returning to the market.
Download the full report here.
Media Contact
Andrea Cheung
Senior Manager, Global Integrated Communications
Andrea.cheung@colliers.com
416-324-6402
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company. Operating through three industry-leading platforms – Real Estate Services, Engineering, and Investment Management – we have a proven business model, an enterprising culture, and a unique partnership philosophy that drives growth and value creation. For 30 years, Colliers has consistently delivered approximately
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FAQ
What did Colliers report in the 2026 Global Investor Outlook for CIGI on Nov 18, 2025?
How much of global fundraising was allocated to data centres in Q1–Q3 2025 according to Colliers?
What fundraising shifts did Colliers note for North America, Europe and APAC in 2025?
What investor structures does Colliers say are gaining traction and why for CIGI investors?
What risks did Colliers highlight that could affect real estate capital flows in 2026?
