Border to Coast Pensions Partnership has agreed a £400 million deal to acquire 866 single-family homes from Leaf Living. The acquisition encompasses 12 estates across the South East of England, representing the UK's largest single-family housing transaction this year. The deal expands the pension pool's UK Real Estate Fund, which now holds over £2 billion in local government pension assets.
Greystone has arranged $105.8 million in Freddie Mac refinancing for two multifamily residential communities in El Cajon, California. The loan package covers 476 apartment units across Colonnade at Fletcher Hills and Forest Park at Fletcher Hills. The deal was secured on behalf of borrower Bridge Investment Group, with debt financing efforts led by Spencer Dunlop alongside correspondent bank BMO.
Zillow has announced major changes to its executive leadership team to drive the growth of its residential property super app. Finance chief Jeremy Hofmann steps into an expanded role as Chief Operating Officer and Chief Financial Officer, following Jun Choo's decision to step down for health reasons. Former Google executive Sandi Knight also joins the property technology firm as its first Chief Legal and Policy Officer.
ADNOC has partnered with SLB to deploy an artificial intelligence platform across more than 120 drilling rigs. The Real-Time Operations Center integrates live data from onshore and offshore assets into a centralised environment. Designed to streamline upstream monitoring, the digital system enables engineers to manage up to three times more rigs, reduces incident response times by several hours and helps prevent costly operational downtime.
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.
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