IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Investment

Onar Holding Corporation has acquired Scale Partner to bring AI-powered marketing to the commercial property sector. The deal introduces "human-agentic" AI, combining virtual assistants with automation to manage leads. Scale Partner founder Jason Tiger joins as VP of Corporate Development to lead future growth. The move allows Onar to deploy its digital services into a high-demand vertical while enhancing its overall marketing operating system.
Savills has signed a $1.1 billion agreement to acquire global investment bank Eastdil Secured. This move creates a worldwide capital markets powerhouse, ranking the group second globally for commercial transactions over $100 million. Eastdil will operate as the dedicated investment banking arm of Savills, maintaining its headquarters in New York, London and Santa Monica while providing a platform for significant growth across the United States and Asia.
ICSC has launched ICSC+PROPTECH to connect commercial property leaders with technology innovators at its flagship 2026 Las Vegas event. Featuring a keynote by Randi Zuckerberg, the programme focuses on shifting from tech experimentation to large-scale implementation. High-profile buyers from firms like Brookfield and Mall of America will meet with founders to explore AI-driven leasing and smart building tools aimed at improving asset performance.
UK-based Gresham House has acquired Asia Clean Capital Vietnam to expand its renewable energy footprint. The deal follows the integration of SUSI Partners into the firm’s energy transition division. ACCV Pte provides decarbonised power to manufacturers in Vietnam. The acquisition leverages rising electricity demand and supportive government policies to scale clean energy assets and support the national transition to green power.
PS&S has expanded into North Carolina by acquiring Raleigh-based civil engineering firm Priest Craven & Associates. The deal establishes a regional hub in the Research Triangle, combining PS&S’s 64-year history with four decades of local expertise. This strategic move allows the firm to offer its specialised environmental and life sciences services to the growing residential and commercial sectors across the Raleigh-Durham market.
Colliers has appointed Christian Mayer and Elias Mulamoottil to expanded global leadership roles to drive growth in commercial real estate and engineering. The move comes as Chris McLernon announces his retirement after a 40-year career. Mayer becomes Global CFO and CEO of Commercial Real Estate while Mulamoottil takes over as Global CIO and CEO of Engineering to manage the firm's expanding infrastructure portfolio.

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