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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

AI companies have bolstered leasing activity nationwide, especially in San Francisco neighborhoods such as Mission Bay and SoMa. (CoStar)

These fast-growing tech companies are reshaping demand for space while creating a framework for potential job losses ahead.

Locations in California, Connecticut and Maryland are set to go dark in June.

The closings so far are proving manageable for top‑tier properties — and potentially destabilizing elsewhere.

JLL named Alex Diaz president of enterprise portfolio solutions. (JLL)

Alex Diaz is tasked with leading the new initiative a year after he moved to JLL from Cushman.

Ariel Mark and Ben Cherney seek to place up to $300 million in apartments and industrial projects.

Here's how Chris Maling plans to grow Cushman & Wakefield's platform.

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