Colliers has appointed Christian Mayer and Elias Mulamoottil to expanded global leadership roles to drive growth in commercial real estate and engineering. The move comes as Chris McLernon announces his retirement after a 40-year career. Mayer becomes Global CFO and CEO of Commercial Real Estate while Mulamoottil takes over as Global CIO and CEO of Engineering to manage the firm's expanding infrastructure portfolio.
Hyundai Engineering & Construction has joined forces with 17 financial institutions to secure the Apgujeong District 3 and 5 redevelopment. Through the new "H-Finance Solutions" programme, the builder provides a financial safety net for members. This initiative covers relocation costs and interim payments to shield residents from market volatility. By treating the area as a single business district, the company ensures long-term stability for this major Seoul project.
Frasers Property has named Tony Lombardo as its incoming Group Chief Operating Officer. Starting in October 2026, the former Lendlease chief will oversee investment strategy and capital deployment from Singapore. The appointment aims to streamline operations across international markets including the UK and Australia. Mr Lombardo brings three decades of experience to the role and will work closely with the Group CEO to drive long term value.
Stonepeak has confirmed a significant investment in the Australian retirement provider Aura Holdings. The deal involves up to A$1 billion in available capital through the investment and a development facility with domestic lenders. This funding will support Aura’s growth and its pipeline of new projects across Queensland. It marks Stonepeak’s second major move in the Australasian retirement sector following its 2024 acquisition of Arvida Group in New Zealand.
Blackstone has agreed to acquire Champions Group, a major provider of essential home repairs, from Odyssey Investment Partners. The deal includes a workforce of 1,800 technicians and a base of 150,000 members. Odyssey and the current management will retain a minority stake. The acquisition is expected to close in early 2026, aiming to scale the platform and set new standards in the residential services industry.
World Liberty Financial has unveiled a new partnership to tokenise the Trump International Hotel & Resort in the Maldives. Working with Securitize and DarGlobal, the firm aims to offer investors digital exposure to the ultra-luxury development. The project marks the start of a broader strategy to bring high-profile real-world assets onto the blockchain.
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