This is the second year of our series featuring interviews with women in the real estate industry. The women highlighted come from diverse roles and represent a wide range of ages, showcasing the variety and opportunities within the industry. These inspiring professionals share their journeys into the sector, and their successes and challenges. They also offer advice for those aspiring to build a career in real estate.

European life sciences real estate is increasingly recognized as a reliable source of long-term, secure income. Many top global managers are pursuing core strategies within this growing sector, underpinned by robust tenant demand and longer-than-average lease lengths.

Each year, we make predictions on the major themes affecting the commercial real estate industry, attempting to identify the trends and data points that we believe are most relevant to real estate investors today. We hope you enjoy our top predictions for 2025.

The U.S. multifamily market is rebounding strongly, driven by declining vacancy rates and robust absorption, according to CBRE.

Canada Pension Plan Investment Board (CPP Investments) and MGRV, a South Korean rental housing provider, have formed a C$500 million ($348 million) joint venture to develop rental housing projects in South Korea. CPP Investments will hold 95 percent of the venture, and MGRV will own the remaining 5 percent.

Heitman has acquired an industrial property in Norfolk, Va.

Cypress Equity Investments (CEI), an institutional multifamily developer and real estate investment company, and LightWell-Keystone (LWK), a real estate private equity firm focused on the acquisition and operation of attainable value-added multifamily assets, have formed a strategic partnership to add density to value-added workforce housing.

Primaris REIT has agreed to acquire a 50 percent interest in Southgate Centre in Edmonton, Alberta, and 100 percent ownership interest in Oshawa Centre in Oshawa, Ontario, for aggregate consideration of C$585 million ($406 million).

Heitman has held a close for its Heitman Real Estate Debt Partners III fund (HDP III) at $806 million in capital commitments, exceeding its $600 million fundraising goal. The fund will aim to provide creative financing solutions to high-quality sponsors executing real estate projects in traditional and alternative property sectors.

Connecticut’s Investment Advisory Council (IAC) has committed $150 million to real estate as part of its January investment commitments, according to a statement from the organization.

Allocations to real estate align more closely with target levels globally, according to the 2025 Investment Intentions Survey — published by INREV, ANREV and PREA. The average current allocation to real estate globally stands at 8.7 percent, just below the average target of 9.0 percent.