ODDO BHF gives its top choices among EU real estate for 2026

Unibail-Rodamco-Westfield SE

16/01/2026 11:39

** ODDO BHF says stabilising interest rates, inflation should create a better climate for investment into European real estate this year, which could support growth strategies of some of the best positioned names

** Retail and logistics players are best positioned, ODDO says, adding it would go case-by-case on other segments, like office space, healthcare real estate, or German residential market

** Its top picks are CTP CTPNV.AS, Merlin Properties MRL.MC, Shurgard SHUR.BR, URW URW.PA and VGP VGP1.BR

** It cuts Aroundtown LEGn.DE and NSI NV NSTEc.AS to "underperform" from "neutral", citing "sluggish" office performance for the former and limited chance for "significant" rent growth for the latter

** Both Aroundtown and NSI are down some 2%

(Reporting by Danny Callaghan)

((danny.callaghan@thomsonreuters.com))