Al Saedan Real Estate has entered a major strategic partnership with Serpentine Lake Capital and SGI Real Estate to launch SL Property, an investment platform valued at SAR 1.5 billion. The initiative aims to develop a range of projects across Saudi Arabia, including residential communities, commercial hubs and digital infrastructure. By combining local development heritage with international asset management, the partners seek to deliver high-quality assets that support the Kingdom's economic diversification goals under Vision 2030.
Marriott Bonvoy has been named the Official Hotel Supporter in North America for the FIFA World Cup 2026. This partnership marks the return of the tournament to the continent for the first time in over three decades. With hotels situated across the 16 host cities in Canada, Mexico and the United States, the group aims to be a central hub for travellers.
Minto Apartment REIT has entered a definitive agreement to be acquired and taken private by Crestpoint Real Estate Investments and the Minto Group. The all-cash transaction is valued at $2.3 billion and offers unitholders $18.00 per unit. Minto will retain a significant stake and continue to manage the high-quality Canadian residential portfolio. The deal is expected to close in the latter half of 2026 following a unitholder vote in March.
BGO has marked its entry into the North American student housing sector by acquiring a two-tower complex in Edmonton, Canada. The Eleanor and Laurent towers provide a mix of 493 student beds and 272 residential apartments, including 68 affordable units. Located in the Garneau district near the University of Alberta, the fully leased assets represent a significant expansion for BGO’s residential platform.
CAPREIT has confirmed the acquisition of six new rental properties across Canada, totalling nearly $293 million in investment. The deal includes major residential complexes in Quebec, Saskatchewan, and British Columbia, aimed at modernising the firm's portfolio. Alongside these purchases, the trust has committed $94 million to share buybacks as part of its ongoing capital strategy.
H&R REIT has entered agreements to sell retail and office properties across Canada and the United States in transactions totalling $1.5 billion. The sales, which align with the trust’s ongoing simplification strategy, will see proceeds directed toward reducing debt and shifting the portfolio further toward residential and industrial assets.
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