AvalonBay Communities and Equity Residential have revealed the future executive leadership team for their combined firm. The appointments will take effect after the completion of their multi-billion dollar corporate merger, which is scheduled for the second half of 2026. The new entity will control a substantial residential portfolio containing more than 180,000 rental apartments across the United States.
EQT Real Estate has expanded its presence in the UK logistics sector by acquiring a six-asset portfolio from Tritax Big Box REIT plc. The modern Grade A properties cover 1.6 million square feet across major distribution hubs in the West Midlands, East Midlands and South East. Fully leased to a diverse group of tenants, the properties sit along critical transport routes like the M40 and A14.
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.
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