European urban investor Urban Partners has sold four newly constructed logistics properties near Oslo to KLP Eiendom for NOK 1.8 billion. Covering 98,000 square metres across the Vestby and Moss transport hubs, the deal is Norway’s largest logistics transaction this year. The fully let portfolio features high environmental standards and premium tenants including H&M and Schibsted.
Saudi Arabia's Minister of Municipalities and Housing, Majid bin Abdullah Al-Hogail, has secured housing projects worth over 1.9 billion riyals during an official visit to China. The trip featured the signing of six major agreements alongside the launch of the Saudi-Chinese Contractors Forum. These deals form part of a broader bilateral strategy to construct 100,000 homes in the Kingdom by 2030.
Marcus and Millichap Capital Corporation has arranged an 85 million USD construction loan for a 297,771-square-foot mixed-use scheme in Beverly Hills. The six-story development at 55 North La Cienega Boulevard will deliver 140 luxury apartments and 13,303 square feet of retail space. It is expected to become the largest residential complex in the history of Beverly Hills.
Real estate services firm Cushman and Wakefield has completed the 12.25 million USD sale of Monon and Main in Carmel, Indiana. Trading at 354 USD per square foot, the 34,650-square-foot mixed-use property has set a new record for office sales in the state. The four-story boutique building was entirely leased at the time of the transaction.
Dubai developer Emaar Properties has announced plans for an AED 200 billion master-planned district designed to accommodate nearly 150,000 residents. Spanning a built-up area of more than 4.5 million square metres, the self-sustaining urban project will integrate high-rise towers, luxury enclaves and commercial spaces. The development centers on a 20-minute city layout linked to the Dubai Metro network.
Dubai Holding Real Estate and Commercial Bank of Dubai have launched a digital home financing scheme. The programme serves UAE Nationals and residents buying off-plan or finished properties across Nakheel, Meraas and Dubai Properties. It introduces automated pre-approvals and early financing options once construction reaches 30%, offering conventional and Islamic options alongside premium banking rewards.
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