Alpine Income Property Trust, Inc. has acquired a three-property portfolio spanning Illinois, Virginia and Louisiana for $2.8 million, achieving a weighted average cash yield of 8.5%.
MRI Software has acquired Melbourne-based Proptech Labs in a deal that will expand its property management technology across Australia and New Zealand. The integration will enhance MRI Property Tree and Palace with advanced automation, inspections, and key management capabilities.
Dar Global has acquired a 28,800 sqm plot in Jeddah to develop a landmark USD 1 billion mixed-use project, marking a key addition to the city’s transformation under Vision 2030.
PENLER has surpassed USD 1 billion in portfolio value, expanding its footprint across the Sunbelt with new acquisitions, developments, and leadership appointments.
BlackRock is set to expand its private real estate business with a deal to acquire US-based net-lease specialist ElmTree Funds, bringing $7.3 billion in assets under its wing.
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