Simon, a real estate investment trust and S&P 100 company, has announced the acquisition of the retail centre component of Phillips Place in Charlotte, North Carolina. This transaction, announced on 18 November 2025, sees Simon take ownership of the open-air retail space in the SouthPark neighbourhood. The retail centre spans 134,000 square feet and is famous for its specialty shops and dining. Phillips Place is a wider mixed-use destination that already included a 180+ room hotel owned by Simon, along with a multi-family residential component.
Bungalow Projects and Bain Capital Real Estate have secured $304 million in construction financing for Echelon Studios, two next-generation film and television production campuses in Brooklyn. The developments will deliver 600,000 sq ft of soundstages, office, and support space, backed by New York’s largest-ever C-PACE financing package.
eXp Realty has launched its UK Commercial division, making it the first agent-led platform in the country to combine residential and commercial real estate services under one model.
Cushman & Wakefield has secured a five-year agreement with Woodside Energy to provide real estate services across 14 countries, strengthening their global partnership and marking the firm’s first Global Occupier Services client based in Perth.
TLT has appointed Jonathan O’Hagan as partner in its Real Estate team in Belfast, boosting its cross-jurisdictional expertise to meet growing client demand across the UK and Ireland.
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