ESR has successfully raised US$850 million in fresh equity capital from its existing shareholders. This major financial boost is intended to speed up the firm’s expansion within the logistics and data centre sectors across the Asia-Pacific region. The move follows a period of significant portfolio simplification, where the company raised over US$2 billion by selling non-core assets to focus on high-growth digital and supply chain infrastructure.
Blackstone has closed its Blackstone Capital Opportunities Fund V at its $10 billion hard cap. The fund was oversubscribed and represents the firm's largest opportunistic credit vehicle to date. Managed by the Blackstone Credit & Insurance division, the fund will target private corporate credit and structured solutions globally. The move follows a successful track record for the strategy, which has delivered a 13 per cent net IRR since 2007.
Antares Capital and Ares Management have announced the $1.7 billion closing of a second private credit continuation vehicle. The transaction provides existing investors with liquidity while offering new ones exposure to a high-performing portfolio of over 300 loans. Led by Ares Credit Secondaries funds, the move highlights the growing demand for flexible financial solutions in a market where assets are being held for longer periods.
JLL has promoted Julien Naouri to lead its hotel investment sales across Asia. Based in Singapore, Naouri starts his new role on 1 April 2026. He will manage the firm's sales strategy and operations throughout the region. With nearly twenty years of experience, he aims to help clients navigate a busy market as JLL forecasts hotel investment volumes to reach $13.3 billion this year.
Greystar has acquired Native Communities to expand its third-party property management operations across Europe. The deal adds 9,000 homes across 37 UK assets to Greystar’s portfolio. This follows the recent acquisition of MD Property & Living in Ireland, marking a significant push into European rental management. The combined platform will provide services for both single assets and large-scale, multi-country portfolios.
Savills has signed a $1.1 billion agreement to acquire global investment bank Eastdil Secured. This move creates a worldwide capital markets powerhouse, ranking the group second globally for commercial transactions over $100 million. Eastdil will operate as the dedicated investment banking arm of Savills, maintaining its headquarters in New York, London and Santa Monica while providing a platform for significant growth across the United States and Asia.