Newsline

Brookfield and Singapore sovereign fund GIC have agreed to buy Australia’s National Storage (NSR) in a deal valuing the ASX-listed REIT at about A$4 billion ($2.6 billion).

Tishman Speyer has purchased 54 Rue de Londres, a six-story, 4,622-square-meter (49,751-square-foot) prime office property in Paris’s dynamic Center West submarket.

Newport Logistics Fund III, part of the Panattoni group, has raised the first €100 million ($116 million) at the first close of its third pan-European logistics fund, against a total target of €300 million ($349 million).

Alexander & Baldwin has entered into a definitive merger agreement in which a joint venture formed by MW Group and funds affiliated with Blackstone Real Estate and DivcoWest will acquire all outstanding A&B common shares for $21.20 per share in an all-cash transaction with an enterprise value of approximately $2.3 billion.

The affordable housing sector is navigating a challenging environment, with rising costs, higher interest rates and growing pressure on developers and service providers. At the same time, demand for affordable housing continues to increase. TD Bank released a survey of 238 affordable housing professionals, uncovering cautious optimism for 2026 despite ongoing policy and cost concerns. The survey found that 62 percent of respondents are optimistic that affordable housing developments will rise nationally next year, with the strongest demand expected in multifamily housing (64 percent), housing for seniors (58 percent), and workforce housing for essential and middle-income workers (50 percent). High construction costs (55 percent), federal policy changes (50 percent) and tariff-driven price increases (39 percent) were cited as the top barriers to development, while 60 percent said changes to Section 8 will affect plans — 84 percent of them anticipating a negative effect. Still, 52 percent of respondents are confident that access to affordable housing will expand nationwide, and one-third believe the challenging market will not affect their development pipeline. In an interview with IREI, Andrew Warren, senior vice president and leader of the Community Development Lending vertical at TD Bank, shared his perspectives on market sentiment, evolving challenges and the sector’s outloo

Vernon Chin has joined Lone Star Funds as a senior managing director and co-head of Americas real estate.

Walker & Dunlop has arranged a $285 million bridge loan to an affiliate of Madison Realty Capital to refinance Greenpoint Central, a newly built 473-unit class A multifamily property in Brooklyn’s thriving Greenpoint neighborhood.

KKR has announced that KKR-managed funds and accounts provided €300 million ($350 million) whole loan financing to EPISO 6, a fund managed by Tristan Capital Partners, to support its recent acquisition of easyHotel, a pan-European budget hotel operator.

Henderson Park has agreed to purchase 70 Fenchurch Street, EC3, from Lloyd’s Register Group.

Hayfin Capital Management has acquired 70 St Mary Axe, the iconic office building in the City of London, in partnership with Capreon from Nuveen Real Estate.

Blue Owl Capital’s new digital infrastructure vehicle, the Blue Owl Digital Infrastructure Trust, held its first close at approximately $1.7 billion and commenced operations on Dec. 1, 2025, according to its SEC 8-K filing.

The $20.85 billion Ohio Police & Fire (OP&F) has made a $50 million initial commitment to Cloud Capital Fund I, representing the pension fund’s debut investment in a dedicated data center fund.

Momentum is returning to the U.S. office market as major cities like New York; San Francisco; and Washington, D.C., show improving fundamentals and renewed investor confidence. Office building sales climbed nearly 21 percent last year — reaching $64.3 billion, according to MSCI Real Assets — signaling a shift in sentiment as tenants gravitate toward high-quality, well-located space and central business districts regain their footing. For REALM, a direct real estate investment platform backed by more than 80 family offices with more than $10 billion in combined assets under management, this resurgence underscores the strength of its value-added, middle-market strategy. REALM CEO Travis King shares his perspective on what’s driving the recovery, where opportunities are emerging and how family offices are reshaping the future of direct real estate ownership.

Lincoln Property Co. and Goldman Sachs have sold the 1.27 million-square-foot Building C industrial building in Glendale, Ariz., to a Fortune 500 company.

The NAIOP Research Foundation today released its newest office market forecast, revealing that national demand for office space surged in the third quarter of 2025 – a sharp reversal from earlier in the year that may signal the beginning of a broader market recovery. The report, “Office Space Demand Forecast, Fourth Quarter 2025,” analyzes current market dynamics, economic conditions and trends shaping office utilization across the United States.

Multifamily and single-family rental-build-to-rent (SFR, BTR) advertised rents dropped again in November and are well off summer peaks, as 90 percent of the Matrix top 30 metros have posted negative growth during the past three months, according to Yardi.

Hudson Pacific Properties has sold Element LA, a 284,000-square-foot office campus located in West Los Angeles.

The CRE Finance Council (CREFC) and the National Council of Real Estate Investment Fiduciaries (NCREIF) have launched NCREIF/CREFC Fund Index Open-End Moderate-Yield Debt, the first institutional fund-level benchmark for private real estate debt funds.

Life sciences is moving through a major transition, as early signs of recovery, rising valuations, renewed onshoring, and growing demand for specialized space, collide with elevated vacancies, high construction costs, and tighter financing, according to Colliers’ 2026 CRE Reset report.

EQT has announced that the BPEA Mid-Market Growth Partnership (the MMG fund) agreed to invest in PropertyMe.