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Keppel Ltd. has raised S$6.3 billion ($4.9 billion) in total funds under management (FUM) year-to-date for its private fund strategies such as those for data centers, education assets and sustainable urban renewal.

State Treasurer Erick Russell has announced that Denise Stake has been promoted to the position of deputy CIO for the state of Connecticut.

Silver Lake and Adam Fisher and Peter Rumbold, principals at Commonwealth Asset Management, have launched digital infrastructure platform with $400 million of capital to assemble a global portfolio of strategically located powered land sites to address the key scarce input in meeting the escalating demand for data centers.

The latest edition of BGO’s The Chief Economist reports that recovery in commercial real estate is progressing largely as expected, with positive total returns and increased debt origination in the second quarter signaling a cyclical rebound. However, specific local conditions remain important and should be closely monitored.

Central London office take-up totaled 2.55 million square feet in second quarter 2025, according to Cushman & Wakefield.  

Austin Carlson has joined Benedict Canyon Equities (BCE), as managing director of investor relations and capital raising.

The Summer 2025 Allen Matkins/UCLA Anderson California Commercial Real Estate Survey shows accelerating momentum in industrial, multifamily, and parts of the office and retail sectors, though regional and asset-type disparities remain.

Inland Real Estate Investment Corp. and Devon Self Storage have completed construction of a 77,600-square-foot class A self-storage facility located in Southfield, Mich.

Despite several high-profile retail bankruptcies pushing the U.S. retail real estate market into negative absorption for the second consecutive quarter, the continued lack of new development and demand for quality retail space kept availability relatively stable in second quarter 2025, according to Newmark.

Direct transaction activity totaled $179 billion in second quarter 2025, rising 14 percent year-over-year, according to JLL in its Global Real Estate Perspective report.

Rubicon Point Partners has held a first close of Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast, with a strategic focus on the San Francisco Bay Area.

The data center sector is seeing surging demand from companies involved in artificial intelligence development and is attracting more institutional capital, according to CBRE’s 2025 Global Data Center Investor Intentions Survey, which surveyed 92 major investors worldwide.

AEW Capital Management, Mack Real Estate Group (MREG) and Soundwater Properties have closed on the acquisition of Disston Plaza, a 129,150-square-foot, Publix-anchored shopping center in St. Petersburg, Fla.

Greystar has appointed Larry Teitelbaum and Ryan Hughes as managing directors on the Americas investor relations team.

According to Inland's mid-year outlook report, the firm maintains that 2025 is still expected to present opportunities in the commercial real estate market.

Macquarie Asset Management (MAM) announced the launch of Summerland Storage Partners.

S2 Capital has acquired Fort Capital, a Texas-based industrial real estate owner and operator.

Apartment Investment and Management Co. (Aimco) has entered into a definitive agreement to sell a portfolio of five apartment properties, totaling 2,719 units, in suburban Boston for $740 million to an affiliate of Harbor Group International (HGI).

S3 Capital, a New York City-based private real estate credit manager, has expanded to Dallas, opening a new office to capitalize on long-term growth opportunities in the multifamily construction sector. The office will be led by Jonathan Hart, a seasoned industry professional with previous roles at Thorofare Capital, Peregren Capital Group, Madison Realty Capital and ACORE Capital. Hart, managing director of originations, S3 Texas, in an interview with IREI, explained that the state’s major metros — Dallas, Houston, Austin, and San Antonio — are benefiting from corporate relocations, domestic and international migration, and favorable tax incentives, all of which are fueling rental housing demand. Despite headwinds like high interest rates and construction costs, Texas offers unique development advantages, such as flexible zoning in Houston and emerging land-use reforms. Suburban migration and changing renter preferences — like demand for remote-work-friendly and larger layouts — are reshaping the market, especially in build-to-rent communities. 

Rosewood Hotels & Resorts has announced its Rosewood Dubai, alongside Rosewood Residences Dubai.