Hines and Burstone Group have launched a pan-European light industrial joint venture, seeded with a R760 million investment. The partnership has acquired six assets across Germany and the Netherlands, totalling 49,000 square metres. Burstone will manage the portfolio, taking a 20% equity stake alongside the Hines European Real Estate Partners III fund. The strategy targets value-add opportunities driven by nearshoring and supply chain growth.
Cypriot PropTech startup MyStudentFlat has expanded into Greece with the launch of its digital platform in Athens. Now operating in three cities across two countries, the company manages over 50 properties just seven months after its debut. The firm plans further expansion into major Greek university hubs and is preparing for its first funding round this spring to support European growth.
Greystar has acquired Native Communities to expand its third-party property management operations across Europe. The deal adds 9,000 homes across 37 UK assets to Greystar’s portfolio. This follows the recent acquisition of MD Property & Living in Ireland, marking a significant push into European rental management. The combined platform will provide services for both single assets and large-scale, multi-country portfolios.
Hyundai Engineering & Construction is expanding its European footprint through nuclear partnerships in Finland, Sweden and the Netherlands. Collaborating with Westinghouse and Holtec International, the firm is facilitating large-scale reactors and next-generation Small Modular Reactors. These initiatives align with a regional shift toward fossil fuel-free energy, marked by a successful Helsinki symposium and a new technology agreement with Dutch firm Thorizon for molten salt reactors.
Dubai-based AI lab Smart Bricks has secured $5 million in pre-seed funding led by Andreessen Horowitz. The startup is developing agentic AI infrastructure to automate the global real estate investment process. By processing millions of data points, the platform identifies high-value opportunities and handles underwriting in minutes rather than months. The company aims to provide retail and institutional investors with the same sophisticated tools used by major private equity firms.
DRI has confirmed the completion of its 126 MWp Văcărești solar park in Romania, marking its fourth major renewable energy project in the country. This latest development pushes the company’s total operational capacity in Romania to nearly 300 MWp within just three years. The facility is expected to generate enough clean electricity to power roughly 50,000 homes while cutting carbon emissions by more than 48,000 tonnes annually.
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