According to research from JLL, REIT merger and activity year-to-date had reached $70 billion as of early June, and that robust deal flow is expected to continue throughout the second half of the year.
KKR & Co. has acquired a residential building outside of Phoenix, its latest wager that residents who left fast-growing cities during the pandemic are returning and eager to rent luxury apartments.
U.K. real estate broker Savills Plc is carrying out an investigation into racist tweets linked to an employee after England’s soccer team lost against Italy on Sunday.
Las Vegas business conventions are coming back to life, reports The Wall Street Journal. News organizations are starting to reveal back-to-office strategies, according to CNBC. These are among today’s must reads from around the commercial real estate industry.