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As data centers expand to meet rising demand, developers face common challenges, including power access, permitting and community engagement. Alex Stoewer, CEO of Greenlight Data Centers, discusses why projects most often stall, the importance of early coordination with utilities and local governments, and how the relationship between real estate and infrastructure is evolving. He also shares his outlook on the sector amid mounting concerns over power shortages and limited AI-ready rack space through the end of the decade.

In third quarter 2025, the cost of prime office space* around the world rose 0.8 percent, taking the total average increase in costs over the past 12 months to 3.3 percent, according to Savills’ latest Prime Office Costs report.

New York City’s multifamily construction pipeline has slowed dramatically, with starts down 67 percent since early 2024, according to CoStar data. Developers who rushed to break ground before incentives like 421-a expired now face a less favorable replacement program, 485-x, leaving many projects stalled.

Amid U.S.-E.U. trade tensions and tariff negotiations that have reshaped global sentiment, the European market is demonstrating a steadier economic base and more balanced fiscal outlook. In a recent interview with Institutional Real Estate, Inc. (IREI), Gianluca Romano, head of capital raising, and Petra Blazkova, head of research and strategy, of Catella Group, discussed how investors — from Asia to North America — are turning their attention to European opportunities.

In the latest edition of BGO’s The Chief Economist, Ryan Severino examines how central bank policy shifts are shaping global bond yields and commercial real estate outlooks.

According to Savills’ latest Europe, Middle East and Africa (EMEA) data center spotlight report, Artificial Intelligence (AI) is fast becoming a key driver of data center growth in the region, behind public cloud demand that continues to serve as the bedrock for capacity take-up.   

Mid-America Apartment Communities Inc. dominates the multifamily real estate investment trusts (REITs) in U.S. counties with a projected working adult population growth of at least 5 percent during the next few years, according to S&P Global Market Intelligence.

Hines has released its paper, “The Global Industrial Sector (R)evolution,” which explains how deep structural forces — ranging from shifting trade patterns and fiscal policy to the rise of ecommerce and data-driven convergence — are transforming industrial real estate from a steady, income-oriented sector into an innovation-driven, high-growth market where proximity and power availability are emerging as new sources of value.  

Governor Gavin Newsom’s signing of SB 79 marks a major turning point for California’s housing policy. In an exclusive interview, Sean Burton, CEO at Cityview, explains how the new law expands state authority over local zoning near major transit stops and builds on recent California Environmental Quality Act (CEQA) reforms that streamlined approvals for infill development. He discusses how the measure introduces greater predictability to the entitlement process, reduces predevelopment risk, and restores investor confidence in the state’s housing market. Together, these changes signal a shift toward a more consistent, rules-based framework for housing delivery across California.

The U.S. retail sector continues to demonstrate exceptional resilience and adaptability, with leading markets and segments outperforming expectations even in a dynamic economic environment, according to Newmark.

Callan has released its 2025 Asset Manager Sustainable Investment Practices Study, highlighting asset manager responses to environmental, social and governance (ESG) questions in Callan's proprietary database. Compiling input from more than 1,500 unique organizations, the study reveals how, and to what extent, asset managers integrate sustainability-related factors into their investment processes.

Institutional investors are under increasing pressure to make faster, smarter and more transparent decisions while managing complex portfolios and meeting fiduciary responsibilities. In the first article of this series, we explored why reviewing in-house technology is essential. This follow-up focuses on where to apply that technology — specifically, which workflows offer the greatest opportunity to drive better outcomes with modern tools by their investment managers.

The U.S. housing market is shaped less by an overall shortage of units and more by a persistent mismatch between the types and locations of housing and the evolving needs of households, according to Principal Asset Management’s Rich Hill in a recently white paper, America’s Housing Opportunity: Beyond the Supply Gap.

Year-to-date European retail investment volumes have now surpassed €24.6 billion.

With a significant increase in industry concerns around the impacts of deglobalization among real estate leaders in Europe, prospects for renewed investment activity continue to be tempered by geopolitical and economic uncertainty resulting in the overriding sentiment among leaders having shifted from last year’s cautious optimism to pragmatism, according to the latest Emerging Trends in Real Estate Europe 2026 report by PwC and the Urban Land Institute (ULI). 

Asia Pacific commercial real estate investment volumes totaled $39.5 billion in third quarter 2025, marking a 2 percent year-over-year increase and a substantial 26 percent quarter-on-quarter uptick, according to JLL. Year-to-date volumes reached $106.6 billion, climbing 11 percent compared to the same period in 2024, as markets navigate a fragile recovery amid evolving interest rate dynamics and persistent geopolitical headwinds.

Amid persistent inflation, shifting food inventories and a volatile policy landscape, the cold storage sector is gradually absorbing new supply and restoring balance. Lisa DeNight, head of North American Industrial Research at Newmark, in an interview with IREI, shared that “while there is a pervasive climate of macro uncertainty, depressed food inventory levels and elevated consumer prices, investment in cold storage remains active with cold storage sales volume on an upward swing year-to-date.” She noted that although “occupier demand is softer than in recent years, it has not dipped negative on an annualized basis.” These dynamics, she said, “reflect that despite shifting market conditions, cold storage is a basic need — critical infrastructure for the nation’s food and pharma supply chains.”

According to Savills latest research, London, Berlin, Munich, Paris and Dublin rank as the most AI-resilient European cities for occupier demand, given established business clusters and sector-enabled talent. 

The National Council of Real Estate Investment Fiduciaries (NCREIF) released third quarter 2025 results for the NCREIF Fund Index – Open-end Diversified Core Equity (NFI-ODCE). The NFI-ODCE consists of 25 funds totaling $277 billion of gross real estate assets and $228.2 billion of net real estate assets.

Family offices are expanding the number of offices they have around the world as family members are increasingly moving to new countries, according to new global research from Ocorian, a global provider of services for asset managers and owners, including private client, fund administration, capital markets, corporate and regulatory solutions.