Nuveen Real Estate raises $330m for U.S. Cities Retail Fund

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Nuveen Real Estate has raised $330 million for its U.S. Cities Retail Fund (USCRF) from three Australian superannuation funds, marking the largest allocation into the strategy from the region to date. The Retail Employees Superannuation Trust (Rest), the Australian profit-to-member superannuation fund, anchored the capital raising with a $250 million commitment.

Room00 Next Gen Hospitality to invest more than €330m in 2026 to accelerate its expansion in Southern Europe and London

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Room00 Next Gen Hospitality has plans to accelerate its European expansion with a new investment plan of between €330 million and €420 million ($379 million and $482 million) to be executed throughout 2026 across Spain, Portugal, Italy and the United Kingdom.

European office market strengthens as demand for best-in-class space hits record levels

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Europe’s office market is defined by intensifying demand for best in class space and a growing imbalance between supply and occupier demands, according to Cushman & Wakefield’s latest EMEA Offices Update.

Redwood West, Panattoni acquire lifestyle retail center in $530m deal

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Redwood West and Panattoni, in partnership with Prime Finance and Prism Places, have acquired Victoria Gardens, a 1.2 million-square-foot lifestyle retail center in Rancho Cucamonga, Calif., according to media outlets.