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Commercial real estate dealmaking has become more selective and more concentrated, with capital flowing to a narrower set of opportunities. Vaibhav Gujral, senior partner at McKinsey & Co., says that while overall deal volume has remained relatively stable, average transaction sizes have increased and investors are being much more deliberate about the deals they pursue. Gujral co-wrote the firm’s report, Real Estate Builds on New Terrain, which concluded real estate deal values rose 10 percent in 2025, reaching $842 billion, though overall transaction count remained flat.

Nippon Life Insurance Company has entered into a memorandum of understanding for a comprehensive strategic partnership with Blackstone to provide investment management services in the private credit and real estate sectors.

Greenberg Gibbons has launched its second private equity real estate fund.

Axis, a last-mile logistics platform founded by Pictet Alternative Advisors and Stoneweg, has acquired another high-quality asset at Engelandlaan 3, Maastricht Airport in the Netherlands.

 JLL’s Capital Markets has secured an $870 million senior loan for Four Seasons Private Residences Lake Austin, an ultra-luxury residential development in Austin.

TPG Real Estate has acquired ECHO Realty, a full-service owner and operator of best-in-class, grocery-anchored retail real estate, in a transaction valued at approximately $2 billion. The transaction was led by TPG in partnership with leading global investment groups, including PSP Investments, La Caisse and Norges Bank Investment Management.

The convergence between equity and credit strategies is changing how commercial real estate (CRE) investors pursue opportunities across the capital stack, particularly as borrowers seek more flexible and certain financing solutions in a more constrained market environment.

Crown Advisors is celebrating its 30th anniversary, marking three decades as a search and advisory firm serving the commercial real estate industry nationwide.

Concert Properties, through Concert Income Properties, has formed a joint venture with a Brookfield affiliate for an eight-property Canadian industrial portfolio totaling approximately 5.3 million square feet.

Pluto Finance has completed €93 million ($108 million) of lending across two transactions in Germany through its £2 billion ($2.7 billion) strategic partnership with Blackstone Real Estate Debt Strategies (BREDS), marking the first deployment of the partnership in the German market, according to media outlets.

Tishman Speyer has held a first closing for its Korea Living Venture (KLV), securing $300 million in third-party equity commitments from two blue-chip European pension funds for a new fund dedicated to acquiring, repositioning and developing multifamily and accommodation properties throughout Seoul.

The answer to “Should I rent or buy?” depends almost entirely on where you live and how long you plan to stay, according to a new Zillow Rent vs. Buy analysis.

While rents have increased by an average of 13 percent for prime offices globally since 2020, the office delivery pipeline to the end of 2027 is now compressed, especially in the United States and Europe where it is now barely 8.9 million square foot in the former and 24.2 million square feet in the latter, according to Savills. In its Impacts thought leadership program, launched today 4 June, Savills says that cost inflation, labor shortages, elevated borrowing costs and increased regulation are undermining the viability of new projects, alongside economic and geopolitical uncertainty weighing on consumer and investor confidence.

Walker & Dunlop has arranged more than $223 million in bridge financing for five multifamily communities across the Southeast on behalf of Madison Capital Group.

Kennedy Wilson has formed a residential joint venture with APG, on behalf of, amongst others, Dutch pension fund ABP, one of the world's largest pension investors, to create a €2 billion ($2.33 billion) residential development and asset management platform.

CapitaLand Ascendas REIT (CLAR) is acquiring 5 Tuas Avenue 5 in Singapore.

Black Creek Group co-founders Evan Zucker and Jimmy Mulvihill have launched Speed Bay Warehouse Solutions.

Henderson Park has completed the acquisition of Hyatt Regency Grand Reserve in Río Grande, Puerto Rico.

Commercial real estate (CRE) investment conditions have improved from the market’s recent reset, but the current environment is not yet strong enough to match the best-performing vintages of the past 25 years, according to Ryan Severino, chief economist and head of research at BGO, in his recent report.

Lendlease has agreed to sell the Santa Giulia development site in Milan to Bizzi & Partners, a real estate development company led by Davide Bizzi, according to a report from Il Sole 24 Ore.