L&T Energy Hydrocarbon Onshore has signed a contract to construct an ultra-mega gas compression project for a client in the Middle East. Following a letter of award in FY26, the firm will deliver new onshore infrastructure to process sour gas. The scope includes engineering, procurement and construction of compression plants alongside two 230 kV extra-high-voltage substations to power the site.
EQT Real Estate has expanded its presence in the UK logistics sector by acquiring a six-asset portfolio from Tritax Big Box REIT plc. The modern Grade A properties cover 1.6 million square feet across major distribution hubs in the West Midlands, East Midlands and South East. Fully leased to a diverse group of tenants, the properties sit along critical transport routes like the M40 and A14.
Greykite has expanded its European presence by launching Baunest, a dedicated German residential investment platform. In partnership with Arax Properties, the firm acquired a seed portfolio of 1,600 units for its inaugural real estate fund. The assets are located in major cities including Frankfurt and Dortmund, where housing demand remains high. Baunest plans to invest €500 million over the coming year and a half, focusing on modernising older buildings to improve energy efficiency.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
