Colliers International Reports 2026 Q1 Results: Growth Slowdown Amidst Intensifying Global Real Estate Market Volatility

On February 20, 2026, Colliers International Group released its Q1 2026 results, reflecting the complex shifts in the global real estate market. Amidst persistent interest rate hikes and recessionary concerns, Colliers anticipates a broader slowdown in growth, particularly expecting increased volatility in real estate markets across Europe and Asia. This report provides investors with crucial insights into the key trends and Colliers’ analysis.

1. Q1 2026 Performance Overview

In its Q1 2026 results release, Colliers International highlighted a slowdown in global real estate market growth. This is attributed to ongoing global economic uncertainty, with investor sentiment weakening and demand decreasing. Specifically, rising interest rates in Europe and Asia have led to a slowdown in property price increases and a decline in transaction volumes.

1.1. Regional Performance Comparison

North America maintained relatively stable growth, while Europe and Asia experienced a more pronounced slowdown. Europe has faced increased uncertainty due to the prolonged Russia-Ukraine conflict and rising energy prices, and Asia is grappling with concerns due to the slowdown in China’s economic growth and problems with real estate developer debt.

1.2. Trends by Property Type

Growth rates varied across different property types, including office, retail, utilities, industrial, and residential. The office market continues to struggle due to the spread of remote work, while the retail market faces increased competition due to the rise of online shopping. The industrial market, however, is performing relatively well due to increased demand for logistics and distribution, and the residential market is maintaining steady growth due to population growth and urbanization. FireMarkets’ data analysis allows for a clearer understanding of these regional differences.

2. Market Outlook and Risk Factors

Colliers forecasts that volatility in the global real estate market will intensify further, citing the following risk factors:

2.1. Continued Interest Rate Hikes

If central banks, including the US Federal Reserve, continue to raise interest rates, it could negatively impact the real estate market. Higher rates increase the cost of buying property and dampen investor sentiment, potentially expanding market volatility.

2.2. Global Recession Risk

As the risk of a global recession increases, demand for real estate could also decline. A recession would curtail corporate investment and reduce consumer purchasing power, negatively impacting the real estate market.

2.3. Geopolitical Risks

Geopolitical risks, such as the Russia-Ukraine conflict, heighten global economic uncertainty and can negatively impact the real estate market. These risks can dampen investor sentiment, disrupt supply chains, and expand market volatility.