Legal technology specialist Legora has acquired Cadastral, an artificial intelligence platform built for the commercial property sector. The transaction represents Legora's first expansion into commercial real estate and establishes a new engineering base in New York City. Cadastral is the company's fourth acquisition this year, following substantial revenue growth and a multibillion-pound corporate valuation.
Online property portal group CoStar has signed a definitive agreement to buy residential data specialist Zonda for 800 million dollars in cash. The acquisition brings Zonda's major B2B property information framework and its prominent consumer platforms under the CoStar umbrella. The deal targeting North American new-build housing data is expected to close during the final half of 2026.
An investor group led by Affinius Capital and Vista Hill Partners has finalised a 3.5 billion dollar all-cash takeover of Veris Residential. The transaction transitions the former real estate investment trust into private ownership. The deal secures a portfolio of 6,581 premium apartment units located primarily along the strategic Hudson River waterfront across from Manhattan and throughout the northeastern United States.
Feldberg Capital has advised its joint venture with the Teacher Retirement System of Texas on a debut investment near Hamburg. The venture acquired a 55,000 square metre site in Wedel to develop a 35,000 square metre logistics asset. Scheduled for completion in mid-2027, the project forms part of a 200 million euro vehicle targeting German metropolitan logistics sectors.
Wold Architects & Engineers has acquired Nashville-based architecture firm JJCA. The move strengthens both firms' ability to serve communities across the United States by combining Wold’s extensive engineering resources with JJCA’s deep expertise in healthcare and education design. Leadership from both companies will remain actively involved to ensure continuity for existing clients.
Frasers Logistics & Commercial Trust has agreed to acquire interests in four freehold logistics properties in Germany and the Netherlands for approximately €294.9 million. The portfolio is fully occupied with a 5.7-year weighted average lease expiry. Funded via external debt, the transaction is expected to increase the trust's distribution per unit and expand its total portfolio to 118 properties.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
