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U.S. industrial demand accelerated in third quarter 2026, outpacing new supply for the second consecutive quarter and pushing vacancy further below its recent peak, according to new research from Cushman & Wakefield.

GPT Wholesale Office Fund has placed major Australian office assets on the market as it works to meet approximately A$1.5 billion ($1.04 billion) in investor redemption demands, according to The Australian.

As availability in Manhattan’s prime retail market hits a record low, bank branches and financial institutions have emerged as major contributors to shrinking supply.

Jonathan Rose Cos. has named Alix Rice managing director of investor relations and capital formation.

According to an analysis by Dils’ research team, the Italian real estate market attracted approximately €10.6 billion ($11.85 billion) in investment during the first nine months of 2026, marking the strongest result of the past decade for this period. The figure represents a 30 percent increase compared with the same period in 2025 and stands 62 percent above the average for the first nine months of the past 10 years.

Tishman Speyer has closed on the acquisition of a 466-unit student housing property in the Erdberg neighborhood of Vienna’s third district.

ESR has announced plans to expand into the Middle East, with a strategy to establish a long-term logistics real estate and data center platform across the Gulf Cooperation Council (GCC).

Patrick Hammes has been named CEO, marking the next step in the firm’s long-term leadership succession planning. Jon Hammes, who has served as chairman and CEO, will continue as chairman of Hammes.

Conversant Capital, an opportunistic real estate investment firm, has announced the final close of its inaugural private investment fund.

Tishman Speyer, alongside the Public Sector Pension Investment Board and other institutional investors, has finalized a 150-year ground lease agreement for New York City’s Chrysler Building.

Nuveen Real Estate, one of the largest real estate investment managers globally, has secured total commitments of more than A$1 billion ($695 million), including co-investment vehicles and transactions, for the first close of its latest Australian commercial real estate debt strategy, further expanding its lending offering in the market.

Art-Invest Real Estate has assumed responsibility for the asset management of the Axel Springer Campus, the headquarters of Axel Springer SE in Berlin, on behalf of Norges Bank Investment Management.

Clarion Partners is launching a new team dedicated to optimizing Clarion’s power and energy strategy across its large-scale industrial real estate portfolio.

Brookfield has agreed to acquire a 100 percent interest in a 10.5 million-square-foot portfolio from ESR India, marking its foray into industrial and logistics real estate in India. As part of the transaction, Brookfield has committed INR 43 billion ($450 million) toward the acquisition and the future development of the portfolio, with ESR continuing to manage the properties for the near term.

Deepki has published the 2026 Deepki Index, the only publicly available transatlantic benchmark of the real estate industry’s environmental performance, using real consumption data. Now in its fifth year, the index tracks the evolution of the European building stock’s energy consumption and carbon emissions across six major markets, as well as covering six regions and three building typologies in the United States.

Despite the recent global political backlash toward sustainability and net-zero initiatives, 60 percent of global respondents expect to increase allocations to investments that actively combat climate change during the next three years. Almost three-fifths (59 percent) believe demand for climate mitigation solutions will remain strong irrespective of political sentiment.

Commercial real estate has undergone significant repricing across Asia Pacific and European markets, creating a compelling opportunity for private wealth investors. Quality buildings in core markets are now trading below replacement costs — a dynamic not seen since the financial crisis — while institutional capital largely remains on the sidelines.

M&G Real Estate has appointed Duncan Batty as head of real estate finance.

JDJ, a privately owned retail investor, has sold The Summit, an 870,000-square-foot, mixed-use lifestyle destination in Birmingham, Ala., to Federal Realty.

The Teacher Retirement System of Texas (TRS) has committed $150 million to Pennybacker VII, a program of Pennybacker Capital.