Newsline

Housing affordability in the United States has become increasingly segmented, particularly for households that do not qualify for a mortgage but are seeking single-family living. In an interview with IREI, Jay Parsons discusses the contraction of single-family rental supply, demographic shifts among renters, and the role these homes play in access to neighborhoods, schools and economic opportunity. It comes amid renewed scrutiny of the single-family rental sector following calls by Donald Trump to restrict institutional ownership, as new national data highlights potential implications for renters and housing policy.

BNP Paribas Asset Management Alts (BNPP AM Alts) has secured a Dai-ichi Life-led fund as a new investor in ESR Kuki, a multistory logistics facility in Saitama, Japan.

As the Opportunity Zone program approaches the end of its original 2017–2026 window, Griffin Capital, in a recent report, outlines why 2026 is a critical planning year for investors with embedded capital gains.

CenterSquare Investment Management has closed a new $50 million co-investment vehicle with global investment and wealth management firm ESAS that will focus on investments in CenterSquare’s Essential Service Industrial (ESI) strategy, a niche within small-bay industrial.

AI infrastructure company Firmus has secured a $10 billion debt financing facility led by funds managed by Blackstone Tactical Opportunities, Blackstone Credit & Insurance, and affiliated funds, and supported by Coatue, a leading global investment firm known for its deep research-driven approach to technology and infrastructure investing.

Covenant Capital Group has held a final close of Covenant Apartment Fund XII with $860.35 million in capital commitments, the largest fundraise in the firm’s 25-year history.

Asia Pacific’s commercial real estate market is encountering new challenges and opportunities in 2026. Climate-related losses, rising energy costs and a growing share of aging office buildings are prompting owners, occupiers and investors to rethink how they manage risk and create value. According to JLL, practical resilience, retrofitting and smarter energy choices are becoming essential tools for leaders across the region.

Investors are gradually becoming more sector agnostic and are more focused on the quality of assets to deliver solid income returns in their investment underwrites, according to Savills.

Knight Frank has been appointed by Shell, the international energy company, as its sole provider for real estate transactions, valuations and advisory services across the firm’s global real estate portfolio under a five-year mandate.

Oxford Properties Group, the global real estate investor, developer and manager owned by OMERS, on behalf of a joint venture with Hines, one of the world’s largest privately owned real estate investors, has secured approval from the City of London for the firm’s planned redevelopment of King Edward Court in Paternoster Square.

Border to Coast Pensions Partnership, the largest U.K. Local Government Pension Scheme (LGPS) pool, has exchanged on the forward funding of 139 single-family rental homes at Springstead Village, Cambridge.

Newcore Capital, a U.K. investment manager specializing in social infrastructure, has achieved a second close for its £375 million ($513 million) core-plus income fund, bringing total commitments to more than £100 million ($137 million).

Deka Immobilien has acquired the five-star Andaz Vienna Am Belvedere hotel for approximately $92 million.

After several years of repricing, European real estate is no longer defined by historical benchmarks or headline cap rates, but by whether assets can sustain their capital structures and generate durable cash flow in a higher-rate, lower-growth environment. Price dispersion across sectors and markets is at or near record levels, creating a landscape where broad averages offer little insight and outcomes are increasingly determined at the asset level. In an IREI interview, Paul Brennan, a partner and co-head of Real Estate at King Street Capital Management, explains why today’s opportunity set lies in situations where high-quality assets face refinancing pressure despite resilient fundamentals, and how a focus on all-in basis, downside coverage, and structural seniority is shaping a more defensive, income-oriented approach to capturing asymmetric, risk-adjusted returns across European hospitality, student housing, and other supply-constrained sectors.

Tokoro Capital, together with their vertically integrated student management business, Homie, and GCM Grosvenor, have established a long-term strategic partnership targeting U.K. student housing assets.

U.S. office vacancy projections remain virtually unchanged in a revised forecast from CoStar.

PATRIZIA has appointed Gus Wiseman as director, U.K. product, based in London.

ULI Europe has published a new Asset Sustainability Committees Best Practice Guide through its C Change program to support collaboration between owners, occupiers and property managers in decarbonizing multi-let commercial buildings.

Steel Peak Properties, a Southern California–based commercial real estate investment firm focused on industrial outdoor storage (IOS), has formed a new joint venture with Tarsadia Investments.

Logistics rents across Asia Pacific rose 0.2 percent in 2025, with the second half of the year posting a 0.3 percent increase, according to Knight Frank’s Asia Pacific H2 2025 Logistics Highlight.