CORFAC International’s first-half 2025 survey of members from 75 independent commercial real estate firms, active globally, shows positive news for deal activity. When looking at the past six months, 67% of respondents said that deal activity had increased, compared to 35% of respondents in the last survey of 2024.
Industrial real estate continues to be the leading driver of CORFAC members’ business. Nearly 70% of respondents said it was a leading driver of business so far in 2025, and 56% said they expected it to be the leading sector in the second half of the year. In addition, 72% identified warehouse and distribution centers, continuing the trend from 2024, of those categories leading the way.
Members from 40 markets around the world identified positive employment trends (55%), population migration into their market (48%), and stabilizing interest rates (38%) as the three key factors that are having positive influence on transaction activity.
The good news was tempered by some economic realities that are worrying members, including high costs of construction (66%), inflation and interest rates (60%), and local and national policies (40%).
“We’re pleased to see the strong development in deal activity in the first half of the year, but we also recognize the economic uncertainty that’s going to require a steadying force to keep that heading upward,” said Daniel Shindleman, CCIM, MRICS, of Bridgemer AG/CORFAC International and 2025 CORFAC President.
“Collaboration, cross-market referrals, and helping our clients achieve their goals, are cornerstones of CORFAC’s mission since our founding and will continue to be our focus.”
CORFAC affiliates provide trusted counsel and market intelligence, with the backing of a global network for the benefit of their clients.