ANREV, INREV and NCREIF are pleased to present the latest in a series of quarterly snapshots of what’s happening in the global real estate investment market.

In this short two-page snapshot, the Global Research Committee share their views of the global macroeconomic and property market landscape, drawing on data and insights from recent global indices and global surveys jointly conducted by all three associations.

Key highlights from April 2026 include:

• Global real estate returns recorded their quickest growth of 2025 in the final quarter, bringing full year returns to 4%.

• However, the first quarter of 2026 has brought renewed headwinds for real estate with the prospect of higher interest rates back on the agenda. The recovery during 2024 and 2025 is weaker than those recorded after the global financial crisis and Covid period.

• Capital raised for global real estate investment rose by 12% in 2025 but remains well below the highs of 2021 and 2022.