STOCKHOLM—The private equity firm, which has raised $25 billion since its founding, has assembled a dedicated team to help it identify opportunities across Europe.

NEW YORK CITY—The outsourcing agreement for about $46 billion in assets under administration puts BNY Mellon into the ranks of the largest real estate fund administrators in the global market.

NEW YORK CITY—The trend toward defeasance or prepayment of post-2008 securitized mortgages is gathering momentum, says Fitch Ratings.

NEW YORK CITY—All the ducks will be in a row for the US economy's “best year in a decade” in 2015, says Cushman & Wakefield's Ken McCarthy.

BOISE, ID and PLEASANTON, CA—Antitrust concerns mandate the sale of 168 Safeway and Albertsons locations, most of which will go to a regional grocery chain in Washington State.

CHARLOTTESVILLE, VA—Although development in the urban core will hardly cool off, reports from SNL Financial and MPF Research make the case for high-performance submarkets outside the CBD.

NEW YORK CITY—The seven latest acquisitions brought W. P. Carey's investments in the self-storage sector to more than $100 million for 2014.

NEW YORK CITY—The current year “will offer ample opportunities for equity deals for institutional investors,” says Robert Merck, MetLife's global head of real estate investments.