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World

The Big Apple’s construction pipeline has fallen sharply in recent years, while volumes in the UK capital remain strong.

29–33 Avenue des Champs-Élysées, in Paris’ eighth arrondissement. (Costar)

Icade sold this mixed-use property to Black Swan Real Estate Capital, acting on behalf of the Bain Capital and Revcap funds.

The Palais Vénitien is located in the hills above Cannes (Adobe Stock)

The transaction is valued at over €100 million.

Luxury has its limits in the Nordics, but there are international firms that have moved into the market such as M&L Group, which opened the 116-room Waldorf Astoria Helsinki in October 2025. (Hilton)

The traditionally difficult-to-enter Nordics market is opening up to new capital sources, hotel business models and repositioning opportunities, especially to the luxury segment.

North Carolina will host several European soccer teams, including Scotland, seen here after scoring during the FIFA World Cup 2026 European qualification football match against Denmark last November in Glasgow. (AFP via Getty Images).

Extended team stays and traveling supporters may lift performance in parts of Tennessee and North Carolina.

Le 83-85 avenue Marceau à Paris (Thomas Bekker/CoStar)

Only €1.9 billion has been invested in commercial real estate since January 1.

The Riverside development. (JPMorgan Chase)

Two options are being considered as the US investment bank seeks clarity on its property tax liabilities.

Qube Research & Technologies is opening a Chicago office in BMO Tower. (Emilia Czader/CoStar)

Qube Research & Technologies has signed a lease at the 52-story building.

A ChatGPT user. (Photo by Jaap ArriensNurPhoto via Getty Images)

The group also cited the cost of energy as a 'blocker' to its Stargate project.

The Sequana Tower, Accor's headquarters in Paris. (CoStar)

Blackstone is set to acquire a stake in the company.

Agents Branden and Rayni Williams are bringing their knowledge of Los Angeles' ultraluxury property market to Savills through a new partnership. (The Beverly Hills Estates)

The Los Angeles area brokerage, headed by Branden and Rayni Williams, to share private listings with global partner.

The department store. (CoStar)

The UK's Realty Corporation has structured the deal and will be the asset manager.

Kroonenberg Groep's Lesley Bamberger stands in the new outdoor area within a Chicago office building at 25 E. Washington St. (Ryan Ori/CoStar)

The head of Amsterdam-based Kroonenberg Groep takes a similar approach to both businesses.

Spotlight

Senior Orega team from left to right: Samantha Treharne, finance director; Daniel Parsons, head of HR; Zach Douglas, co-founder, executive chairman; David Kinnaird, COO; Ben Hutchen, real estate director, Alan Pepper, CEO; Lucy Earnshaw; operations director, Sophie Turnbull,  commercial director; Chris Toon, CFO; Mathew Moore, marketing director. (Orega)<br/>

The managed office pioneer reflects on dramatic changes and fresh opportunities.

Average net effective rents creep up by 0.1% to £21.03 per square foot, says Savills research.

American investment in the United Kingdom has slumped while France has had a "catastrophic" first quarter, but is the conflict responsible?

Sophie Marsh. (Runway East)

Sophie Marsh held senior roles at Appear Here and Onefinestay.

Hannah Heslop is joining from Savills.

Eleanor Gumpel becomes associate director.

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