Mirvac Group has named Kit Georgeos as Chief Executive Officer, Funds Management, starting 6 October 2026. Ms Georgeos will oversee the group’s wholesale investment vehicles, capital partnerships and investor relations, while joining the Executive Leadership Team under Campbell Hanan. Having joined Mirvac in 2023 as Fund Manager for the Mirvac Wholesale Office Fund, her promotion triggers a search process to fill her previous role.
CPP Investments and Brookfield Asset Management have launched the Maple Fund, a joint scheme targeting up to C$50 billion in equity investments. The five-year venture aims to fund major Canadian infrastructure projects and strategic industries. Each partner will supply up to C$25 billion on an equal split, targeting large-scale initiatives valued over C$5 billion while allowing third-party investor participation on select projects.
Knowledge Economic City has signed an agreement with Almajdiah and Capital Hill to launch a SAR 2.8 billion residential development in Madinah. Built on 97,000 square metres of land, the project features 2,700 apartments, commercial units and extensive parking. The target market includes non-Saudi international Muslim buyers under updated Kingdom ownership rules, with funding handled via a closed-ended real estate investment fund.
Saudi Arabia's Ministry of Municipalities and Housing has signed agreements with Weshah Co. and local landowners to develop four residential projects in Riyadh. The initiative targets the Al-Aarid and Al-Narjis neighbourhoods, aiming to transform undeveloped land into integrated housing options. The scheme supports public partnerships designed to boost market supply and accelerate homeownership goals under Saudi Vision 2030.
Airbnb has launched the Airbnb Housing Accelerator, a new program pledging $250 million in last-dollar financing to unlock $5 billion in homebuilding capital. The scheme targets stalled housing developments, starting with a $6.4 million investment for 201 affordable units in Austin, Texas. Alongside capital deployment, Airbnb is supporting local policy reforms, launching a global housing index and establishing a $5 million innovation prize.
Realty Income has partnered with global investment firm KKR to create a euro-denominated joint venture holding a portfolio of European net lease assets. Under the agreement, KKR will invest €528 million for a 49 per cent equity stake, while Realty Income holds 51 per cent and continues property management. The deal covers 54 properties across Spain, Ireland, Poland and the Netherlands, backed by steady rental growth.
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