Newsline

John Parsons has joined Affinius Capital in a senior leadership role as managing director, where he will be responsible for overseeing and executing U.S. data center development initiatives, as well as advancing key strategic priorities and partnerships across the platform internally and externally.

Tara McCann, head of Americas investor and consultant solutions at LaSalle Investment Management, recently participated in a special feature highlighting accomplished women in the real estate sector for Institutional Real Estate Americas. She shared her perspectives on leadership, investing and career evolution. While an excerpt of that interview appeared in the print magazine, the entire conversation, lightly edited, appears below.

One Beverly Hills, featuring Aman Beverly Hills and The Beverly Hilton, has completed a $4.3 billion financing to complete its development of a world-class mixed-use urban destination and residential enclave that redefines luxury living in the heart of Beverly Hills. The financing was led by J.P. Morgan and VICI Properties.

EQT Real Estate Logistics Value Fund VI, a fund managed by EQT Real Estate, has acquired a portfolio comprising nine buildings totaling approximately 2 million square feet in Southern New Jersey.

Simon Property Group has announced the passing of David Simon, the company’s chairman of the board, CEO and president — the singular leader who built Simon Property Group into the largest and most admired retail real estate company in the world. He was 64 years old.

Hyde Group and Legal & General have formed a new investment partnership to deliver more affordable homes across the United Kingdom.

Hines has acquired four mid-box industrial assets totaling close to 290,000 square feet across Greater London and the Midlands on behalf of Hines European Property Partners (HEPP).

GARBE Commercial Living, a subsidiary of the pan-European real estate company GARBE, has launched a hospitality investment platform for institutional investors with B&B HOTELS Central and Northern Europe. The cooperation combines GARBE’s development and investment management expertise with B&B HOTELS’ operational strength.

A new U.K. living platform led by student accommodation pioneer Tim Butler, has appointed Richard Simpson as managing director – investment.

QuadReal Property Group has acquired a 27-asset self-storage portfolio in the United Kingdom from Padlock Euro Storage Fund I, as well as the establishment of a new joint venture partnership with Clear Sky Capital, a privately owned real estate investment management and development company.

Kajima Properties Europe (KPE) has established a joint venture with a U.S. investor to own and manage a 130,000-square-meter (1,399,308-square-foot) logistics facility in Bischweier, Germany. KPE will retain an ownership position in the project and act as long-term asset manager.

Creative dealmaking will define the European hotel investment market over the next two to three years, as investment volumes rebounded to €23.6 billion ($27.3 billion) in 2025 (up 4.8 percent year over year), according to Savills.

Cabot Properties has made a series of leadership appointments and firmwide promotions.

Shifting global trade patterns and cost pressures are reshaping industrial real estate demand across North America, with logistics users increasingly moving large-scale distribution activity away from coastal port markets and toward lower-cost inland logistics hubs, according to Cushman & Wakefield.

Cortland has appointed Jennifer Glasgow vice president of brand strategy and experience to lead Cortland’s national resident experience strategy.

The commercial real estate lending market is entering a more constructive phase of the cycle as liquidity gradually improves and investors begin deploying capital with greater conviction after two years dominated by distressed situations.

A group of large LPs and consultants has developed an investor-led real estate data model called the Real Estate Data Initiative (REDI) to address long-standing challenges with inconsistent, fragmented and largely PDF-based reporting from GPs. The initiative aims to provide a common data model, delivered as an Excel-based template, that standardizes core fund-, asset- and portfolio-level data fields used by most global real estate investors.

Japan Real Estate Investment Corp. has plans to acquire two office properties in Tokyo and Sapporo for a combined JPY 23.7 billion ($149.7 million), according to a company announcement.

Core Spaces has marked a new phase of construction on Hub Tampa Fowler, a 1,195-bed student housing community located west of the University of South Florida campus.

The CRE Finance Council (CREFC) has announced Lisa Pendergast, president and CEO, to retire on or about Aug. 3, 2026, following a decade of her leadership.