Savills has signed a $1.1 billion agreement to acquire global investment bank Eastdil Secured. This move creates a worldwide capital markets powerhouse, ranking the group second globally for commercial transactions over $100 million. Eastdil will operate as the dedicated investment banking arm of Savills, maintaining its headquarters in New York, London and Santa Monica while providing a platform for significant growth across the United States and Asia.
PGIM Real Estate and Northstar Capital have acquired 51 Tuas View Link in Singapore for a major logistics redevelopment. The partnership will replace existing warehouses with a 1.1 million square foot, five-storey facility designed for sustainability. Located near the Tuas Mega Port, the project targets the city's supply-constrained industrial market. This investment follows PGIM’s US$3 billion transaction year in 2025 and focuses on creating long-term value through modern, ramp-up infrastructure.
CapitaLand Investment Limited (CLI) has unveiled a multi-million-pound expansion of its logistics arm, acquiring a minority stake in smart infrastructure specialist Ally Logistic Property (ALP). The move coincides with the announcement of OMEGA 1 Singapore, a S$260 million automated facility set for the Jurong Industrial Estate. As the Asia Pacific logistics market prepares for a projected 15.2 per cent annual growth through 2030, CLI is positioning itself to meet rising demand driven by e-commerce and shifting supply chains.
IHG Hotels & Resorts has officially launched its Garner by IHG brand in Southeast Asia with the opening of the 153-room Garner Hotel Pattaya Central in Thailand. The brand focuses on delivering quality, affordable and "easy going stays" in central locations. Situated in the heart of Pattaya, the hotel is a two-hour drive from Bangkok and is steps away from Pattaya Beach and major shopping malls like Terminal21.
The launch of Peregrine Cold Logistics by Stonepeak signals a major new investment push into the temperature-controlled supply chain sector across Asia Pacific and the GCC. Peregrine, based in Singapore, is setting out to tackle the growing regional demand for modern, high-quality cold storage and logistics solutions, driven by factors like increasing urbanisation and shifting consumption patterns.
Travel technology company Amadeus is integrating SmartRyde, a leading Japanese provider of pre-booked airport transfers, into its platform. SmartRyde's service, which spans over 1000+ airports globally, will be available through Amadeus Transfers from next month. The initial launch will target travel sellers in Japan and South Korea. The partnership aims to simplify ground transportation, allowing travel agents to offer end-to-end itineraries.
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