L&T Energy Hydrocarbon Offshore (LTEH Offshore) has won an ultra-mega contract from ADNOC Offshore for a major Middle East project. Acting as lead partner in a consortium, LTEH Offshore will manage the engineering, procurement, construction, installation and commissioning (EPCIC) of new offshore facilities alongside existing site upgrades. Fabrication work will take place across L&T yards, reinforcing its long-standing presence in the region's energy sector.
AEW Capital Management has secured land in Charlotte, North Carolina, for ANOVA The Pearl, a 20-story luxury residential tower. Developed alongside GMH Communities and Wexford Science & Technology, the mixed-use scheme features 382 residential units and ground-floor retail within the city's growing innovation precinct. Scheduled for completion in Summer 2028, the project includes affordable housing and high-end resident amenities.
European real estate manager Redevco has acquired a 560,000 sq ft logistics facility in Widnes, Cheshire. Fully let to Jaguar Land Rover and operated by DHL, the 17-acre site supports car manufacturing operations at the nearby Halewood plant. The acquisition expands Redevco’s Industrial Outdoor Storage footprint to 5.2 million sq ft and €155 million in assets under management across 11 regional properties.
Hilton has partnered with hospitality company Grey Spaces, co-founded by Chef Mashama Bailey and Johno Morisano, for the Signia Hilton Savannah. Set to open in 2028, the 444-room hotel will feature dining concepts developed by the duo across multiple venues. Located on the riverfront, the hotel will serve as the primary headquarters for the Savannah Convention Center.
Private equity firm Blackstone has agreed to finance the purchase of HSBC’s Australian home loan portfolio, valued at A$36 billion (US$25 billion). The deal stands as the largest mortgage portfolio transaction globally. Non-bank lender Pepper Money will handle local loan servicing, ensuring a smooth transition for existing banking clients while expanding Blackstone's Asian credit operations.
KKR and its European logistics platform Mirastar have completed the £170 million acquisition of four UK industrial assets from developer PLP. The 1.25 million square foot portfolio includes properties in Stafford, Crewe, Ellesmere Port and Wakefield. The fully let developments feature rooftop solar panels, high environmental credentials and a weighted average lease term of 10 years to break.
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