Industrial real estate captured nearly half of all global real estate fundraising in the first quarter of 2026, highlighting the sector’s enduring appeal despite a more challenging investment environment.
According to Colliers, industrial and logistics assets accounted for 47% of global real estate fundraising during the quarter, a sharp increase from 16% in 2025. The surge underscores investors’ continued confidence in the sector and the substantial amount of capital targeting industrial properties worldwide.
Industrial’s share of fundraising has fluctuated over the past several years, representing 31% in 2021, 37% in 2022, 36% in 2023 and 28% in 2024 before falling to 16% in 2025. The rebound to 47% in early 2026 marks a significant shift in capital allocation toward the asset class.
While investor appetite remains strong, deploying capital has become increasingly difficult. Higher borrowing costs, elevated bond yields, persistent inflation and wider return requirements have complicated underwriting and slowed transaction activity. These factors have also lengthened deal timelines and made price discovery more challenging across markets.
“Industrial capital markets continue to show resilience, even as geopolitical risk and higher rates make execution more challenging,” said Steig Seaward.
As a result, transaction volumes have become more measured, with some deals—particularly in Europe—facing delays as buyers and sellers reassess pricing expectations and financing conditions. Despite these headwinds, industrial remains one of the most sought-after sectors for investment capital. Colliers reported that investment volumes are outpacing last year’s levels across the United States, Europe, the Middle East and Africa, and the Asia-Pacific region, while North America continues to attract an increasing share of activity.
Investor demand remains concentrated in Class A logistics facilities, large-scale distribution centers and prime infill locations, reflecting a continued preference for high-quality assets. At the same time, constrained development activity is supporting asset values. Rising construction costs and a slowdown in speculative development have limited new supply, creating a more favorable environment for existing industrial properties.