A new joint venture backed by major European pension investors has secured $300 million in initial equity to target South Korea's rapidly growing rental housing market. The Korea Living Venture, managed by Tishman Speyer alongside cornerstone investors APG and Bouwinvest, aims to acquire, reposition and develop multifamily assets across the Seoul capital region to address a structural shortage of modern, professionally managed housing.
JINGDONG Property has increased its UK logistics holdings with the acquisition of a prime site near Leicester. Located in the "Golden Triangle," the deal includes two large warehouses and a development site capable of hosting 678,000 sq ft of new industrial space. This acquisition boosts the firm's total UK footprint to nearly 3.93 million sq ft as it looks to support regional supply chains and economic growth through high-spec, environmentally friendly infrastructure.
Measurabl has announced a major leadership transition with the appointment of Maureen Waters as Chief Executive Officer. Waters, who previously served as President, takes over from Co-founder Matt Ellis as the company seeks to accelerate its growth within the real estate data sector. During her time as Chief Growth Officer, Waters oversaw significant operational improvements and the launch of a free sustainability solution used across 47 countries.
S&I Corporation, a PropTech-based real estate management service provider, has announced that it is the first in South Korea's real estate management industry to secure a 3-star rating in the Global Real Estate Sustainability Benchmark GRESB 2025 evaluation. The company demonstrated global competitiveness by also achieving the top rank within its peer group. The rating reflects S&I's systematic commitment to ESG management since 2022, which includes publishing a Sustainability Report and operating a Work Health and Safety Committee.
CapitaLand Integrated Commercial Trust has achieved higher green building ratings for two of its Singapore properties. The Atrium@Orchard is the first operational office-retail asset in Singapore to earn the BCA Green Mark Platinum (Super Low Energy) certification, while Raffles City Singapore has upgraded to Green Mark Platinum. The milestones reflect CICT’s push to enhance energy efficiency, reduce emissions and advance sustainable asset management.
The Energy & Environment Alliance has launched a global consultation to develop the first sector-wide sustainability accounting standards for hotels and lodging. Backed by members representing over 50,000 hotels and £360bn in capital, the initiative aims to produce audit-grade disclosure rules aligned with IFRS S1 and S2, shaping how hospitality assets are financed, insured and valued.
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