Public Storage and Welltower have launched a data science partnership to transform real estate through artificial intelligence. Public Storage will license Welltower’s capital allocation models to speed up property acquisitions and improve returns. In exchange, Welltower will integrate Public Storage’s operational analytics into its business system. Both firms aim to use vast proprietary data to move away from traditional investment methods toward a model driven by high-performance computing.
Blackstone has agreed to acquire Champions Group, a major provider of essential home repairs, from Odyssey Investment Partners. The deal includes a workforce of 1,800 technicians and a base of 150,000 members. Odyssey and the current management will retain a minority stake. The acquisition is expected to close in early 2026, aiming to scale the platform and set new standards in the residential services industry.
CapitaLand Ascott Trust has acquired three rental housing properties in Greater Tokyo for JPY4.6 billion. Located in Southern Kanagawa, the freehold assets boast occupancy rates above 95 per cent and offer stable, long-term returns. This move increases the trust’s living sector portfolio to 17.5 per cent of its total value. The acquisition aligns with a broader strategy to expand presence in key Japanese markets through resilient, income-generating assets.
MAIR Group has agreed a multi-million-dirham deal to acquire the KEZAD Logistics Park - KLP Free Zone 3 in Abu Dhabi. The AED 295 million transaction, completed through subsidiary Makani Real Estate, includes 50 years of land lease rights under a Musataha arrangement. Spanning nearly 130,000 square metres of land, the facility provides high-spec warehouse space with direct access to Khalifa Port.
Long & Foster Real Estate has named Lacey Conway as its new president to lead its growth and agent support strategies. Conway brings more than two decades of industry experience to the role, having previously served as the CEO of Latter & Blum. She will partner with CEO Patrick Bain to maintain the firm's reputation for local expertise and teamwork.
GARBE Industrial and Fortress Real Estate Investments have launched a joint venture to build a 61,000 square metre logistics centre in Bucharest. The project, GARBE Park Bucharest, marks the German developer's first entry into the Romanian market. Located on an 11-hectare plot near the new A0 ring road, the facility is designed for high-tech, automated operations with a 12-metre clear height. Construction is scheduled for late summer 2026, targeting a 2027 opening.
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