JLL Arranges $60.65M Sale and $42.91M Financing of Walnut Tech Business Center for AEW and CIP Real Estate II LLC
•JLL
Asia Pacific CRE News
Commercial Real Estate News
Singtel and Lendlease Launch Leasing at One Comcentre, Orchard Road's First Grade A Mixed-Use Development in Two Decades
•Lendlease
Sveafastigheter Completes KlaraBo Merger, Creating Swedish Residential Giant With 26,500 Apartments
•Sveafastigheter
DayOne Data Centers Plans 200MW Campus in Imari, Saga Prefecture, Expanding Japan Platform Beyond Tokyo
•DayOne Data Centers
KKR Sells 16-Hotel Four Points Flex by Sheraton Portfolio in Japan
•KKR
CPP Investments Acquires 27% Stake in Prestige Estates Projects' Hospitality Arm for INR 30 Billion
•CPP Investments
Kanden Realty Development, Novus Holdings, Cosmos Initia and JOIN to Develop 310-Unit BTR Project in Epping, Sydney
•Kanden Realty Development Company
DevelopmentMultifamilySingle Family
Greystar Opens 306-Home Birchway Sanger Community in North Texas
Greystar has opened Birchway Sanger, a 306-residence rental community in Sanger, Texas, combining traditional apartments with cottage-style single-family rental homes. The project addresses a gap in professionally managed rental supply in one of North Texas' fastest-growing corridors.
•Greystar
Financing
Värde Partners Closes $65.5 Million Refinancing for Empire Group's Phoenix Build-to-Rent Community
Värde Partners has closed a $65.5 million floating-rate refinancing for Village at Sonoran Vista, a 240-unit build-to-rent community in north Phoenix developed by the Empire Group. WAY Capital arranged the loan, which supports lease-up of the newly completed property near Taiwan Semiconductor Manufacturing Co.'s Arizona campus.
•Single Family
Corporate UpdatesOfficeHospitality
City Developments Limited Unveils S$5 Billion Investment, S$6 Billion Divestment Strategy Targeting Commercial and Hospitality Assets
City Developments Limited announced a three-year GET+ strategy on Sept. 28, 2026, targeting S$5 billion in real estate acquisitions and S$6 billion in divestments across commercial, hospitality and other property sectors. The plan centers on Singapore and aims to reduce net gearing to approximately 55% by FY2029 while doubling assets under management to S$10 billion.
•City Developments Limited
Joint VenturesMultifamily
Primus Immobilien AG and Greystar Launch €200 Million Build-To-Rent Joint Venture Targeting Berlin, Munich, Hamburg and Frankfurt
Primus Immobilien AG and Greystar have established a new build-to-rent joint venture backed by approximately €200 million of equity and targeting more than €600 million in total project volume across Berlin, Munich, Hamburg and Frankfurt. The venture expands an existing Berlin-focused partnership that is already delivering roughly 1,500 apartments.
•Primus Immobilien AG
More News
DevelopmentMixed UseOffice+2
Mitsui Fudosan UK and Stanhope Break Ground on £1.1 Billion British Library Extension in London
Mitsui Fudosan UK Limited held a formal groundbreaking ceremony on September 21, 2026, marking the construction start of a £1.1 billion, 700,000 sq ft mixed-use extension to the British Library in London's King's Cross Knowledge Quarter. The project, managed by Stanhope plc and built by Mace Construct, is scheduled for completion in 2032.
•Mitsui Fudosan UK Limited
DevelopmentHospitalityMixed Use
Ennismore Signs 345-Key 25hours Hotel in Bangkok's Siam Square as Part of Central Pattana's THB 11 Billion Mixed-Use Development
Ennismore has signed a deal to open a 345-key 25hours Hotel in Bangkok's Siam Square as part of Central Pattana's CenTRal cENtrAL development, a mixed-use project valued at over THB 11 billion. The hotel marks the 25hours brand's first entry into Thailand and is scheduled to open in Q1 2029.
•Ennismore
DevelopmentHospitality
Ennismore and Propreal Capital Partners Sign 120-Key Mama Shelter Hotel in Porto, Portugal
Ennismore and Propreal Capital Partners have signed an agreement to develop a 120-key Mama Shelter hotel in Porto's Baixa district, marking the lifestyle brand's first property in northern Portugal. The hotel will feature an all-day restaurant, private karaoke rooms, and social play spaces, with interiors designed by Dion & Arles.
•Ennismore
DevelopmentHospitality
Ennismore Signs Rixos Water World Phuket, Marking Brand's First All-Inclusive Resort in Thailand
Ennismore has signed an agreement to rebrand and redevelop an existing resort complex in Mai Khao, Phuket, into Rixos Water World Phuket, a luxury all-inclusive property with more than 600 guestrooms and villas. The resort is slated to open in early 2028 following an extensive renovation, marking the Rixos brand's debut in Thailand.
•Ennismore
DevelopmentData Center
Leighton Asia and Sterling and Wilson Awarded Hyderabad Data Center Construction Contract
CIMIC Group's Leighton Asia has been awarded a contract to construct a data center in Hyderabad, India, to be delivered in joint venture with Sterling and Wilson. The project marks the second data center award Leighton Asia has received from the same multinational technology client and continues the company's expansion in Asia's digital infrastructure sector.
DevelopmentMultifamilyAffordable
Taurus Investment Holdings and L&G – Asset Management, America Break Ground on 201-Unit Multifamily Community in Concord, Massachusetts
Taurus Investment Holdings and L&G – Asset Management, America have broken ground on Novo Riverside Commons, a 201-unit, two-building multifamily community at 292–294 Baker Avenue in Concord, Massachusetts. The project marks L&G's first U.S. ground-up development and will include 51 affordable units under Massachusetts Chapter 40B guidelines.
•L&G Asset Management America