Swiss Real Estate Transaction Market Outlook 2026

At the beginning of 2026, JLL Switzerland conducted its ninth consecutive survey among the largest and most active professional real estate investors in Switzerland. The survey aimed to empirically capture expectations for 2026 and how market participants are likely to behave.

The survey specifically targeted acquisition managers of investors to achieve the most practical assessment of the transaction market possible. With participation from 179 companies that together manage directly held Swiss real estate assets worth approximately CHF 366 billion, this represents the most comprehensive market survey currently available in Switzerland.

„This representative survey shows the assessments of leading real estate investors regarding the development of the Swiss transaction market in 2026 and provides insides into what market activities can be expected. “
       Gregor Strocka; Managing Director Head Capital Markets Switzerland

The study focused on individual market expectations regarding economic growth, interest rate development and inflation, as well as assessments of supply, demand and price development. Additionally, investors’ willingness to pay and their current preferences for direct real estate investments were analyzed.

It should be noted that the survey was conducted in January 2026, prior to the outbreak of the conflict in the Middle East. For this reason, the responses reflect only the geopolitical situation as of January 2026.

Download English report here
Download German report here
Download French report here