Global investment firm KKR has agreed to sell Japan's Central Tank Terminal Co., Ltd. and Korea's Central Terminal Korea Co., Ltd. to institutional investors. Having acquired CTT in 2021 and CTK in 2023, KKR expanded both bulk storage platforms across Asia. The infrastructure transactions remain subject to customary closing conditions, with financial details unrevealed.
Marriott International has reached a milestone in Mexico by opening its 300th hotel, the Courtyard by Marriott Torreón. The expansion covers over 44,000 rooms across 25 brands, supported by a pipeline of 76 properties. With conversions accounting for 35 per cent of signed developments, Marriott plans to open more than 10 additional properties in Mexico before the end of 2026.
Britania Public Company Limited, the low-rise housing arm of Origin Property Public Company Limited, has launched eight residential developments in Thailand's Eastern Economic Corridor valued at over 8.8 billion baht. Situated across eastern Bangkok, Chachoengsao, Chonburi and Rayong, the projects offer detached homes, semi-detached properties and townhomes. The expansion targets rising housing demand driven by industrial investment and growing workforce numbers.
Redevco has agreed to a €49.2 million green loan facility to fund a 52,815 square metre logistics development in Tiel, the Netherlands. Issued to Financière ID, the project is over 70% pre-let to ID Logistics. The scheme incorporates a connection to the Medel Energy Island to manage local grid congestion, targets BREEAM Excellent certification and aims for 75% energy self-sufficiency through on-site solar power.
Banyan Group has acquired a majority stake in Cape Town-headquartered Newmark Hotels & Reserves through a phased structure leading to full ownership. The transaction adds 26 managed properties across seven African countries to Banyan Group’s portfolio, expanding its reach to nearly 130 hotels, resorts and reserves globally. Newmark will continue operating under its existing brand, leadership and local management structure.
Samsung Electronics and five group affiliates have committed USD 1 billion to Helix Digital Infrastructure, an AI platform created by KKR. Samsung Electronics contributes USD 500 million, alongside funds from Samsung C&T, Samsung SDS, Samsung SDI, Samsung Life Insurance and Samsung Fire & Marine Insurance. Helix builds hyperscale data centres, power generation and fibre networks alongside founding backers KKR, KIA, NVIDIA and Vistra.
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