Design Hotels has announced its largest portfolio expansion to date by adding 16 properties operated by US hospitality group Palisociety. The deal integrates over 1,000 keys across nine American destinations into its global network. The properties will gain access to Marriott International distribution channels and the Marriott Bonvoy travel loyalty platform.
Bed Bath & Beyond has signed an agreement to purchase Fathom Holdings to accelerate its end-to-end homeownership platform. The acquisition combines real estate brokerage, mortgage and insurance services with the retailer’s commerce operations. The deal is expected to close in the second half of 2026.
ESR has partnered with two Chinese insurance giants to establish a RMB 1.6 billion income fund focused on prime logistics assets. The deal involves the recapitalisation of two multi-storey industrial properties in Shanghai and Suzhou, totalling 320,000 square metres. By retaining management of the portfolio, ESR continues its capital recycling strategy while meeting the high demand from domestic institutional investors for modern supply chain infrastructure.
OpenAI has secured a significant long-term lease for the entire 350-380 Ellis office campus in Mountain View. The deal involves a 450,000 square foot Class A property owned by KKR Real Estate Finance Trust Inc. and TMG Partners. Following a major renovation to modernise the five-building site, the AI giant will move into the heart of Silicon Valley to support its rapid growth and operational scaling.
Hilton has signed an exclusive franchise deal with YOTEL to expand its lifestyle hotel portfolio. YOTEL becomes the first brand under the "Select by Hilton" banner. While YOTEL remains independently managed, it will now gain access to Hilton’s global distribution and the Hilton Honors loyalty programme. This partnership allows both brands to grow efficiently while offering guests smart, tech-led urban accommodation in key cities worldwide.
Logistea AB has agreed to acquire a six-asset logistics portfolio from DSV for SEK 587 million. The sale-leaseback deal includes 41,500 square metres of cross-docking space across Sweden, including sites in Karlstad and Gävle. All properties are fully leased to DSV Road AB on ten-year triple net terms. The transaction is expected to close on March 30th 2026, pending regulatory approval for the Växjö asset.
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