Mahindra Lifespace Developers has launched the first two residential phases of Mahindra Rainforest in Kanjur, Mumbai. The premium mixed-use project covers nearly 25.47 acres on LBS Marg. With an estimated development value of ₹3,000 crore ($315.6 million), the site will feature 2 and 3 BHK homes alongside retail and commercial spaces. The development focuses on sustainable urban living with over seven acres of dense green space.
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.
CapMan Real Estate has agreed to forward fund two significant residential developments in Stockholm through a partnership with Reliwe. The projects in Barkarby and Flemingsberg will deliver 478 new apartments and 10 commercial units to the region. Both sites are positioned for high connectivity, situated within 25 minutes of Stockholm city centre. The transaction is expected to close in March 2026, with construction beginning shortly.
Onar Holding Corporation has acquired Scale Partner to bring AI-powered marketing to the commercial property sector. The deal introduces "human-agentic" AI, combining virtual assistants with automation to manage leads. Scale Partner founder Jason Tiger joins as VP of Corporate Development to lead future growth. The move allows Onar to deploy its digital services into a high-demand vertical while enhancing its overall marketing operating system.
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.
UK-based Gresham House has acquired Asia Clean Capital Vietnam to expand its renewable energy footprint. The deal follows the integration of SUSI Partners into the firm’s energy transition division. ACCV Pte provides decarbonised power to manufacturers in Vietnam. The acquisition leverages rising electricity demand and supportive government policies to scale clean energy assets and support the national transition to green power.
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