Regional real estate forecasts for 2026

Occupiers are expected to shift from optimising existing space to cautiously expanding their footprints in 2026. While cost control will remain a priority, increasing business confidence should encourage broader demand across sectors.

At the same time, persistent viability challenges are likely to constrain development, keeping vacancy rates low in prime submarkets and supporting rental growth. These dynamics will gradually push occupier activity beyond traditional prime areas as competition for well-located space intensifies.

Read More: Our regional real estate forecasts for 2026 | Savills Impacts