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.
Colliers has appointed Christian Mayer and Elias Mulamoottil to expanded global leadership roles to drive growth in commercial real estate and engineering. The move comes as Chris McLernon announces his retirement after a 40-year career. Mayer becomes Global CFO and CEO of Commercial Real Estate while Mulamoottil takes over as Global CIO and CEO of Engineering to manage the firm's expanding infrastructure portfolio.
The Green Building Initiative has launched Ascent Building Certification for the UK and EU markets. This science-based system evaluates sustainability and resilience across global commercial property portfolios. Building on the success of Green Globes, it provides a transparent framework. The certification helps investors achieve measurable ESG performance while adapting to local regulations and environmental standards across all building lifecycle phases.
Developers have confirmed the signing of leases for the last two commercial plots at the Bay Meadows site in San Mateo. This announcement marks the final stages of a massive 20-year project. Once a horse racing track, the area has been overhauled into a modern community featuring housing, commercial offices and public green spaces. The site now encourages walking and public transport use for commuters.
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