News
Filed by the bureaus. Capital, policy, development and the data underneath.

LondonMetric and Schroder REIT Complete Takeover of Picton Property Income
The £404 million joint acquisition splits Picton's commercial real estate portfolio while targeting debt refinancing and overhead efficiencies across UK listed funds.

Spear REIT Deploys R1.4 Billion in Cape Town Assets Across Retail and Office
The Western Cape investor completed R1.4 billion of property acquisitions at an 8.99% average initial yield using fresh equity and reinvestment capital.

PGIM Real Estate Curbs Japan Office Buying as Rate Hikes Squeeze Yield Spreads
Rising debt costs are eroding historical yield-spread arbitrage in Tokyo, forcing institutional asset managers to pivot capital toward alternative real estate sectors.

J.P. Morgan Asset Management Closes Fund II at $1.1bn Net Lease Milestone
The vehicle surpassed its original target by $600 million as institutional equity seeks exposure to industrial outdoor storage and corporate sale-leasebacks.

Grosvenor Issues Initial Senior Living Debt Facility in UK Credit Expansion
The landed estate group has originated a £12 million exit bridge loan to fund specialized retirement housing, accelerating its push into private real estate credit.

IREIT Global Secures 25-Year BVG Lease at Berlin RE(O) Campus
Singapore-listed IREIT Global has anchored its vacancy-plagued Berlin asset with Germany's largest office letting of 2026.

Hongkong Land Targets Over $1 Billion in Prime Tokyo Mixed-Use Real Estate Deals
The Jardine Matheson-backed landlord is seeking acquisitions in Japan to advance a US$10 billion capital recycling strategy and expand assets under management.

LondonMetric Sells £59m Hospital Assets to Fund Grocery Expansion
The FTSE 100 REIT exits specialized healthcare real estate inherited from LXi REIT to fund a £140 million long-let grocery retail pipeline.

LondonMetric Sells 85M Pounds of Assets to Reallocate Portfolio Yields
The UK REIT sold seven properties at March 2026 book values to prune non-core healthcare and hotel holdings inherited through M&A.

Hongkong Land Targets Over $1 Billion in Prime Tokyo Mixed-Use Deals
Parent company Jardine Matheson shifts toward active management as the developer opens joint-venture talks for major central Tokyo commercial complexes.

Hoi Hup Realty Enters Australia with A$201.8 Million Sydney Hotel Purchase
The Singapore developer paid A$653,074 per key for the 309-room Four Points by Sheraton Sydney, Central Park in its maiden Australian acquisition.

Ares Closes ¥612 Billion Japan Logistics Fund as Institutional Capital Expands
The manager's fifth flagship development vehicle hits its hard cap with ¥1.7 trillion in total investment capacity, backed by a ¥150 billion commitment from CPP Investments.

Vinci Compass Buys Navi Real Estate Platform to Add R$800 Million in Brazil
The acquisition consolidates four B3-listed real estate investment funds as Latin American asset managers seek scale under CVM Resolution 175.

SODIC Obtains EGP 7.5 Billion CIB Debt Facility for June North Coast Scheme
Egyptian developer Sixth of October Development and Investment Company secures medium-term leverage from CIB to expand its 280-acre coastal asset in Ras El Hekma.

Savills Takes 20,481 Square Feet at 560 Lexington Avenue in Midtown Expansion
The five-year lease for the third floor pushes 2026 transaction volume at Rudin's Midtown tower past 110,000 square feet, even as overall building vacancy remains above 55 percent.

China Overseas Land Cuts Debt by RMB 10 Billion as Sales Reach RMB 134 Billion
State-backed developer 0688.HK leveraged borrowing costs of 2.76 per cent to outpace private mainland peers during the first half of 2026.

SDC Capital Partners Targets One Billion Dollar Singapore Data Centre REIT Listing
The US digital infrastructure manager is working with advisers to aggregate global data assets into an SGX vehicle target for 2027.

HMK Capital Assembles QR 1.8 Billion Seed Portfolio for Qatar's First Listed REIT
Doha-based HMK Capital has finalized the acquisition of 51 assets across West Bay, Al Rayyan, and Mseimeer to seed Salwa REIT ahead of a public listing.