Global Net Lease has signed a definitive agreement to acquire Modiv Industrial in an all-stock deal valued at $535 million. The merger strengthens GNL’s industrial portfolio and is expected to close in the third quarter of 2026. Modiv stockholders will receive a 17 per cent premium and a 25 per cent increase in annual dividends.
M&G Real Estate has expanded its Japanese portfolio with a JPY 19.4 billion investment in six residential buildings across Tokyo. The deal, worth approximately USD 126 million, targets the city's high demand for rental housing. These assets will join the M&G Asia Property and Asia Living Property strategies, capitalising on Tokyo’s limited housing supply and steady population growth to provide reliable long term returns for global investors.
IOI Properties Group has acquired Asia Square Tower 2 in Marina Bay for S$2.476 billion from CapitaLand Integrated Commercial Trust. The deal increases the group’s Singapore assets under management to S$10 billion. With a high occupancy rate of 95.8%, the Grade A office tower joins a portfolio including South Beach Tower and IOI Central Boulevard Towers, making the group a major landlord in the Central Business District.
Aldar has acquired a major industrial and logistics portfolio in Abu Dhabi for AED 650 million from AD Ports Group. The deal involves 163,000 square metres of warehouse space within the KEZAD Al Ma’mourah cluster. This move brings Aldar’s total logistics portfolio to over 700,000 square metres as the company continues to capitalise on the high demand for trade and manufacturing hubs in the UAE.
Aldar and Mubadala Investment Company have completed an AED 654 million acquisition of The Link at Masdar City through their 2024 joint venture. The mixed-use development is fully leased to major institutions, including Masdar and MBZUAI. Covering 32,000 square metres, the site features LEED Platinum office space and residential units. This deal highlights the growing demand for high-quality, sustainable assets within Abu Dhabi’s innovation ecosystem.
Frasers Logistics & Commercial Trust has completed the purchase of a prime logistics site in the Netherlands for €43.0 million. The modern facility is fully leased to global provider DSV Air & Sea Nederland B.V. for nearly a decade. This strategic move increases the trust’s exposure to the Dutch market and aligns with its goal of expanding its high-quality industrial portfolio through income-generating assets.
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