Tether has announced a partnership with First Data and BKN301 to deploy its Hadron asset-tokenisation platform in Saudi Arabia. The collaboration will focus on converting institutional-grade real estate into digital tokens. First Data will act as the commercial lead and primary market operator, while BKN301 provides operational and banking integration support. The project supports Saudi Arabia's Vision 2030 objectives by increasing liquidity and broadening property investment access.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
CapitaLand Ascott Trust has agreed to acquire Coliwoo Midtown in Singapore for S$134.0 million, funded by proceeds from its divestment of The Robertson House. The transaction offers a 4.1% EBITDA yield and is expected to raise Distribution per Stapled Security by 2.4%. Completing in 4Q 2026, the deal includes a 10-year triple-net master lease, expanding CLAS' living sector portfolio to 19.5% of total value.
Border to Coast Pensions Partnership has agreed a £400 million deal to acquire 866 single-family homes from Leaf Living. The acquisition encompasses 12 estates across the South East of England, representing the UK's largest single-family housing transaction this year. The deal expands the pension pool's UK Real Estate Fund, which now holds over £2 billion in local government pension assets.
Greystone has arranged $105.8 million in Freddie Mac refinancing for two multifamily residential communities in El Cajon, California. The loan package covers 476 apartment units across Colonnade at Fletcher Hills and Forest Park at Fletcher Hills. The deal was secured on behalf of borrower Bridge Investment Group, with debt financing efforts led by Spencer Dunlop alongside correspondent bank BMO.
AEW Capital Management has secured land in Charlotte, North Carolina, for ANOVA The Pearl, a 20-story luxury residential tower. Developed alongside GMH Communities and Wexford Science & Technology, the mixed-use scheme features 382 residential units and ground-floor retail within the city's growing innovation precinct. Scheduled for completion in Summer 2028, the project includes affordable housing and high-end resident amenities.
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