CPP Investments and Brookfield Asset Management have launched the Maple Fund, a joint scheme targeting up to C$50 billion in equity investments. The five-year venture aims to fund major Canadian infrastructure projects and strategic industries. Each partner will supply up to C$25 billion on an equal split, targeting large-scale initiatives valued over C$5 billion while allowing third-party investor participation on select projects.
Realty Income has partnered with global investment firm KKR to create a euro-denominated joint venture holding a portfolio of European net lease assets. Under the agreement, KKR will invest €528 million for a 49 per cent equity stake, while Realty Income holds 51 per cent and continues property management. The deal covers 54 properties across Spain, Ireland, Poland and the Netherlands, backed by steady rental growth.
Royal London has appointed Group Chief Financial Officer Daniel Cazeaux as interim CEO of Royal London Asset Management. He steps into the role following the departure of Hans Georgeson, who has stepped down after five years in charge. Royal London Group Chief Executive Officer Barry O’Dwyer will launch a recruitment process to select a permanent successor while Cazeaux provides operational continuity across the firm's management boards.
Al Saidan Real Estate has appointed Abdullatif Almuhaideb as Chief Executive Officer to lead its next growth phase. The strategic move coincides with the rollout of the company's ATRIUM 2026-2030 roadmap, which aims to improve operational efficiency and scale high-quality developments. Almuhaideb brings over 15 years of industry experience to the role.
Direct commercial lender X-Caliber Capital Holdings has closed an additional $131 million Rural PACE-X financing deal for Phase II of Marcella Landing in Park City, Utah. Developed by Reef Capital Partners, the ultra-luxury ski community has now received $313.2 million in total funding from X-Caliber. The capital will fund a second phase of townhomes and supporting infrastructure at Deer Valley East Village.