London-based Savills has agreed to acquire US real estate investment bank Eastdil Secured for $1.1 billion, advancing plans to expand its presence in the American market. The deal represents a significant consolidation in the real estate advisory sector, with talks beginning organically one year ago and expected to close within three to six months. Eastdil will retain its brand and operate as Eastdil Secured Savills.

Fortress Investment Group has entered the DST fundraising market with its Fortress Real Estate Exchange platform, targeting $100-$200 million in DST units this year. Meanwhile, Australian superannuation funds including Rest Super have committed a combined $330 million to Nuveen Real Estate's US retail fund, bringing total equity to $790 million. These moves reflect growing cross-border investment flows into US real estate.

Elsewhere, Hong Kong-based HSBC Life is re-entering the real estate market after a multi-year hiatus, planning allocations to value-add strategies with Asia-Pacific exposure. The insurer's return signals improving conditions after earlier concerns about "stretched" valuations. Canadian investment activity remained robust in 2025, with domestic institutions accounting for 46.6% of acquisitions across the $47 billion market.