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October 7, 2025
Here’s why JLL says concerns of an AI bubble are overblown
The rush among technology and real estate firms to invest more than $1 trillion to build data centers in coming years has sparked some concern that a bubble of superheated spending on artificial intelligence could burst, creating economic damage. But a new analysis says that risk may be overstated.
October 2, 2025
Oxford North's £1.2 billion innovation, science, research and homes campus takes a bow
Thomas White Oxford, Stanhope and Ontario Teachers' Pension Plan have officially launched Oxford North, an £1.2 billion global innovation district with consent for 1 million square feet of flexible lab and office accommodation.
September 30, 2025
Columbia Threadneedle exits 2 million-square-foot Manchester Airport campus
The joint venture partnership behind Mix Manchester has confirmed Manchester City Council has taken a 30% stake in the development and existing shareholder Greater Manchester Pension Fund has increased its share from 10% to 30%.
September 29, 2025
As AI demand soars, here’s what can go wrong in data center development
Nvidia’s recently announced deal to invest $100 billion in ChatGPT parent OpenAI is the latest in a seemingly never-ending run of ambitious artificial intelligence projects, a euphoric climate that may mask underlying risks in the development of high-demand data storage real estate.
September 22, 2025
Los Angeles to overhaul convention center as city spruces up for Olympics
Los Angeles is investing billions to overhaul its convention center in the latest project to spruce up the region ahead of the Olympics in 2028.
September 11, 2025
Double Canning Town site sale completes for giant data centre and homes development
Praedius has completed the sale of two prominent Canning Town sites in transactions that should unlock the creation of 871 new homes and a £750 million data centre investment.
August 29, 2025
Trump mandates classical style as default for new federal buildings
President Donald Trump has taken another step to promote classical and traditional architecture.
August 21, 2025
World’s largest music venue operator calls this real estate the new ‘sweet spot’
Developers, cities and venue operators are increasingly looking to midsize concert spaces to fill the gap between intimate clubs and cavernous arenas, a trend that’s helping to anchor mixed-use developments across the nation.
August 21, 2025
Romulus serves up UK's first private hospital in a mall in former Debenhams
Romulus has signed European healthcare provider Affidea for a 30,000-square-foot medical facility on the second floor of Wimbledon Quarter, its London retail complex, in part of the space formerly occupied by Debenhams.
August 13, 2025
CoStar World News for Aug. 14
August 12, 2025
NHL's Senators finalize purchase agreement for Ottawa site to house new hockey arena
The Ottawa Senators hockey team is set to become the new owner of a development site in LeBreton Flats, a downtown property the team has long sought as the site of a future arena and mixed-use development.
August 4, 2025
Sustainability consultant Westbridge appoints JLL chief Ulbrich as chair
Permira-owned Westbridge Advisory, an energy and sustainability adviser in the real estate sector, has named JLL global Chief Executive and President Christian Ulbrich as the chair of its advisory board.
August 1, 2025
Imperial to launch scale-up lab space aimed at science and tech firms
Imperial College London is set to deliver specialist lab space aimed at science and tech firms in the capital at One Portal Way, Old Oak, as part of the wider campus regeneration.
July 28, 2025
Life Science REIT updates on 'significant interest' as sales process continues
Life Science REIT has received a "significant amount of interest from a range of sources" with a number now receiving additional due diligence materials following its launch of a strategic review and sale process in March.
July 23, 2025
London investment firm splashes into Tampa, Florida, with new car wash chain
A London-based investment firm is betting on the United States car wash market, what it calls an antiquated industry, with plans to raise $100 million to fund the expansion of a new high-tech concept.
July 17, 2025
World's oldest surviving basketball court may give small town a shot at tourism
Canada’s obsession with ice hockey is well known, but a small town in the Maritime provinces wants the world to know that the country also has a deep history with basketball.
July 17, 2025
Cleveland Clinic prelets 81,000 square feet at Patrizia's 40 Grosvenor Place
Healthcare provider Cleveland Clinic has prelet 81,000 square feet for a new cancer treatment centre, as revealed by CoStar News in April.
July 10, 2025
Panattoni recruits for drive into data centre development
Panattoni, the European logistics real estate developer, has launched a drive to develop data centres across the UK, Europe, India and the Middle East with the appointment of four senior specialists.
July 3, 2025
US soccer star lines up Europe's largest padel and pickleball venue in West London
Stephanie McCaffrey, a former American soccer international player, founder of a pickleball hospitality group and daughter of Eastdil Secured Senior Partner and Head of Europe James McCaffrey, has completed a long-term lease for the largest padel and pickleball facility in Europe.
July 2, 2025
Texas looks to film incentives to boost its star power against Hollywood, New York
Texas is muscling further into the filming business with the kind of bold bet usually reserved for a summer blockbuster.