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According to Savills latest research, European real estate investment volumes are forecast to reach €52 billion ($61 billion) in first quarter 2026, a 6 percent year-on-year increase. Finland, Ireland and Poland are all expected to post volume growth of 50 percent or more compared with first quarter 2025.

Noble Investment Group has acquired Renaissance Reno Downtown Hotel & Spa, a premium riverfront hotel located in downtown Reno, Nev.

Starlight Investments has appointed Tae Kyoung (TK) Gong as vice president, global markets, Asia and the Pacific.

PGIM has appointed David Fassbender as head of Asia Pacific for its real estate business, effective July 1.

Savills has combined its Spanish and Portuguese businesses into Savills Iberia.

London-based real estate investment firm Castleforge has launched Catenary Capital Sdn Bhd.

a&o Hostels has purchased vacant office building in Berlin.

LaSalle Investment Management has appointed Peter Sibilia as head of U.S. transactions.

There is continued expansion across the U.S. and strong demand for credible, measurable, performance-based sustainability standards, according to BREEAM, in its recently released 2025 report.

Grupo Empresas Matutes has reached an agreement with Azora to acquire its 75 percent stake in the joint venture created in 2019, which includes three five-star hotel assets located in strategic Mediterranean destinations: Ibiza (Spain) and Sicily (Italy).

Principal Asset Management has appointed Guido Beddig as managing director, heading the asset management team in Europe. In this role he will strategically and operationally develop Principal Asset Management's European platform focusing on real estate.

Larissa Herczeg, founder and managing partner, 1 Seed Partners, recently participated in a special feature highlighting accomplished women in the real estate sector for the Institutional Real Estate Americas publication. 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.

Public Storage and Welltower have formed a strategic data science partnership bringing together Welltower’s industry-leading data science-driven capital allocation expertise and Public Storage’s scaled operational, pricing and customer analytics capabilities.

Two hotels in Vietnam — PARKROYAL Saigon and Hotel Perle D’Orient Cat Ba — have been sold in separate transactions totaling $53.7 million.

Hines has appointed Tatiana Tezel as fund manager for Hines European Property Partners (HEPP), the firm’s flagship European core-plus fund.

Kennedy Wilson has announced its U.K. single-family rental housing joint venture with Canada Pension Plan Investment Board (CPP Investments) has reached a significant milestone, deploying a further £300 million ($401.88 million) to scale the platform to approximately 2,000 homes across the United Kingdom.

Stonepeak has made an investment in Aura Holdings.

The fundraising landscape for industrial and logistics strategies is entering a new phase as capital markets begin to normalize and investor confidence gradually returns. While the sector has demonstrated resilience, capital allocation is becoming more selective, with greater emphasis on platform capabilities, specialization and execution. Aasif Bade, founder and CEO, Ambrose, in an interview with IREI, examines the key drivers of investor demand and how the sector is evolving alongside changes in global supply chains and manufacturing trends.

Investor alignment in private real estate has always been a delicate balancing act. Fees, governance structures and incentive mechanisms are designed to bind limited partners (LPs) and general partners (GPs) together over long investment horizons, yet few market participants would argue that the system is perfectly aligned. Instead, alignment is widely viewed as imperfect but functional, tested most severely when markets turn and performance disappoints.

Institutional real estate has always been anchored in fundamentals — location, supply and demand, tenant credit, cap rates,  and long-term capital flows. Those first principles have not changed.