Jack Sidders

Mitsubishi Estate Co. has bought a majority stake in European private equity property fund manager Patron Capital, the latest sign of Japanese investment washing into the UK.

Brookfield Asset Management tapped 20-year veteran Lowell Baron as the new chief executive officer of its real estate business, as one of the world’s biggest property owners reshuffles the leadership of that unit.

Workspace Group Plc, a landlord that rents space on flexible terms to mostly small- and medium-sized London businesses, has warned that rising vacancies in its portfolio will dent profits.

Unibail-Rodamco-Westfield, Europe’s largest mall landlord, plans to return at least €3.1 billion ($3.5 billion) to shareholders through 2028 as it lays out a new plan for growth after enduring the twin crises wrought by ecommerce and the pandemic.

A rebound in European property dealmaking that was gaining momentum has been halted in its tracks as buyers and sellers take stock of the volatility unleashed by US attempts to reorder global trade.

Companies moving office in London last year leased more expansion space than they have done since 2019, just the year before the coronavirus pandemic upended white-collar working practices and sent shock waves through commercial real estate markets.

Blackstone Inc. has raised the largest ever pool of external capital for a European real estate fund, narrowly surpassing its own previous record against the backdrop of a severe property market correction.

PGIM Real Estate has raised $2 billion for its first dedicated data center fund as investors clamor to bet on digital infrastructure.

The new headquarters of payments company Wise Plc has been put up for sale by the developer behind the project, the latest sign that sellers are becoming more confident in a London office market recovery.

Blackstone Inc. has sweetened its offer for London’s Can of Ham skyscraper with a bid of about £330 million ($428 million), upping its wager on rising office rents in the City.