IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Acquisition

EQT Exeter Real Estate Income Trust (EQRT) has completed the acquisition of a prime industrial site in Torrance, California, for $51.5 million. The 76,007 square-foot facility is situated on a 9.6-acre plot within the highly sought-after South Bay submarket of Los Angeles. Currently fully leased to a Fortune 50 food and beverage giant, the property serves as a vital link for regional and last-mile distribution.
Valor Real Estate Partners and QuadReal Property Group have extended their partnership in the German market with the acquisition of a 6,000 sqm logistics asset in Berlin. Located in the Charlottenburg-North submarket, the modern cross-dock facility serves as a critical last-mile hub for the city. This transaction follows a significant investment in Lichtenberg last month, highlighting the joint venture's focus on high-demand urban areas.
Greykite has expanded its European presence by launching Baunest, a dedicated German residential investment platform. In partnership with Arax Properties, the firm acquired a seed portfolio of 1,600 units for its inaugural real estate fund. The assets are located in major cities including Frankfurt and Dortmund, where housing demand remains high. Baunest plans to invest €500 million over the coming year and a half, focusing on modernising older buildings to improve energy efficiency.
Axis Real Estate Investment Trust has signed a RM34.6 million deal to acquire a new industrial facility in Senai, Johor. The property is a build-and-lease project that will be occupied by existing tenant FCI Connectors Malaysia Sdn Bhd upon its completion in 2027. Market analysts from BIMB Research expect the acquisition to contribute an estimated RM2.49 million in annual gross rental income.
Europi Property Group and Incus Capital have formed a strategic joint venture to expand the Portuguese logistics firm Ecologis across the Iberian Peninsula. The partnership aims to build a leading platform by acquiring at least €100 million of additional high-quality assets in Portugal and Spain. Since its launch in 2021, Ecologis has amassed a 160k sqm portfolio of 11 assets which are currently fully occupied.
Blackstone has finalised a deal to acquire Tokyo C-NX, a premier Grade A logistics facility, for more than JPY 100 billion. The transaction is the largest logistics deal in Japan for 2025 and involves a 1.6 million square foot warehouse in the strategic Tokyo Bay area. As Japan’s e-commerce market grows to become the world’s fourth largest, Blackstone is positioning itself as a key partner for local corporates.

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