Health care is moving into empty retail boxes

by Andrea Zander

The post-retail environment has reshaped the opportunity set for health care real estate. As retail vacancy has increased, health care providers have gained access to well-located spaces with strong parking, visibility and ease of access — qualities that are increasingly central to patient care and operations. A pricing gap between medical office and net-lease retail has created a compelling investment opportunity in health care real estate. Daniel Eisenstadt, founder and CEO of Terramed Real Estate Solutions, in an interview with IREI, says the trend toward better-equipped, conveniently located, single-tenant health care facilities will grow, reflecting how people live today and their demand for accessibility and expanded hours. At the same time, persistent shortages of doctors, veterinarians, nurses and technicians are shaping real estate decisions, as clinicians increasingly seek environments that allow them to deliver care at the highest level. Older, retrofitted office buildings are often less attractive to in-demand health care workers, accelerating the shift toward modern, purpose-built, or well-converted spaces. Together, evolving patient expectations and workforce constraints are pushing the market toward high-quality, thoughtfully designed health care facilities.

Clarity is kind; confusion costs: In praise of NCREIF and PREA’s new closed-end fund reporting standards

by Geoffrey Dohrmann

Real estate private markets have never been more sophisticated, more global or more central to institutional portfolios than they are today. Yet for all their growth and maturity, the private markets still struggles with something remarkably basic: clarity. In an environment where billions of dollars hinge on performance reporting, valuation practices, and investor communication, the absence of shared standards creates friction, confusion, and unnecessary cost.

Barings acquires office in prime CBD of Paris

by Released

Barings has acquired a fully leased office building in the center of Paris, on behalf of a European core real estate strategy. The vendor is a French institutional investor.

Savills: Global prime office costs rose 1.1% in Q4 2025, taking total increase over 2025 to 5.1%

by Released

The cost to occupiers of taking space in the best prime office buildings rose 5.1 percent over 2025, according to Savills latest Prime Office Costs report, with London’s West End, Hong Kong and New York City’s Midtown continuing to hold their positions as the locations at the top of the table.