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.
PropTech firm Visitt has secured $22 million in Series B funding to accelerate its AI-driven property operations platform. Led by Susquehanna Growth Equity, the investment follows a massive period of growth in which the company saw its managed square footage increase by over 900 per cent in 2025. The new capital will be used to develop further AI agents and scale its customer support teams to meet rising demand across the industrial, office and retail sectors.
A major redevelopment of 75 London Wall is set to begin in the City of London following the appointment of Multiplex as the main contractor. The £250 million contract was awarded by joint venture partners Gamuda Berhad and Castleforge this month. The project will transform the existing site into a £1.2 billion office scheme covering over 450,000sq ft.
Dale Stigamier has formally taken over as the executive leader of LCK as the project management firm prepares for its next phase of expansion across the Southeast. The transition comes as Mickey Layden steps down from her role as Chief Executive Officer after leading the company for 32 years. Layden will now serve as Founder and Chair Emeritus where she will focus on business development and community engagement.
The Blau & Berg Company has announced a series of significant leadership changes as the firm prepares for its upcoming centennial. Kenneth Crimmins will move into the role of sole Chairman to focus on high-level governance and the firm's family-run legacy. Jason Crimmins has been named the new Chief Executive Officer while Alessandro Conte takes over as President. These appointments became effective on 1 January 2026 and are designed to drive growth across the industrial and commercial sectors.
Blackstone has finalised a deal to acquire Tokyo C-NX, a premier Grade A logistics facility, for more than JPY 100 billion. The transaction is the largest logistics deal in Japan for 2025 and involves a 1.6 million square foot warehouse in the strategic Tokyo Bay area. As Japan’s e-commerce market grows to become the world’s fourth largest, Blackstone is positioning itself as a key partner for local corporates.
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