Real Estate Report

The Ministry of Justice’s headquarters in central London have been bought for £245 million by a billionaire developer who is considering turning the brutalist 1970s block into a luxury hotel. Arora Group, owned by the billionaire Surinder Arora, has bought Queen Anne’s Mansions, near Buckingham Palace, from Land Securities, the FTSE 100 landlord. The fourteen-storey building is fully let to the MoJ, which is due to move out in 2028 when its £15 million-a-year lease expires. At that point, Arora

For years, low interest rates fuelled a big-city condo-flipping frenzy. Profits got bigger and condos got smaller. Now the bubble has popped and left behind thousands of unsellable, unlivable units.

Real estate is not only a major source of wealth for Canadians, it's also one of the country's top economic drivers. Jordan Gowling looks at how one of the worst housing markets in decades could drag on jobs, government revenues and the stability of the financial system

Seasonally adjusted annual rate of housing starts reached 294,085 units last month

Richmond is now the fastest-growing U.S. data center market, but rising local opposition and power limits may slow its rapid expansion.

Texas and California top the list for Opportunity Zones 2.0, setting the stage for major real estate investment in 2027.

Brookfield losses shrink in Q2 2025 as fund values rise and debt costs drop, offsetting weaker office and retail income.

Florida rents keep falling as new apartment supply surges, with many markets seeing annual drops amid slower migration and high vacancies.

Multifamily sales rise in South Florida as developers list sites amid high costs, softening rents, and oversupply in hot urban markets.

Multifamily inflation is reshaping costs and underwriting as insurance and taxes surge across top US markets, Trepp data shows.

IBM Building sells for $1.08B as RXR closes Manhattan’s largest office deal since 2022, signaling strong demand for trophy properties.

Los Angeles expands shade infrastructure with trees and shelters to combat heat ahead of the 2028 Olympics.

Owner-user office deals rise in Silicon Valley as Apple and Nvidia buy properties to support AI growth and secure R&D space.

CRE CLO distress rate hit 11.8% in July as loan maturities climbed, highlighting rising risks in the commercial real estate debt market.

Class-B offices in Dallas-Fort Worth are attracting tenants through upgrades and amenities, narrowing the gap with trophy space.

San Francisco rent growth leads July 2025 as tech demand and limited supply keep prices climbing despite West Coast market cooling.

Retail market shows resilience in Q2 2025 as investment rises despite store closures and limited new construction.

Seniors housing demand drives major REIT investments as aging population grows and new development slows in key US markets.

Data centers see record development as investors favor new builds over acquisitions amid rising AI-driven demand.

Beverly Hills must review a builder’s remedy project that could become the city’s tallest residential and hotel tower.

Urban rentals surge as affordability challenges push buyers to the suburbs and renters to amenity-rich city locations.