Autonomous Solutions, Inc. (ASI) has partnered with SoftBank Group to form a new joint venture aiming to scale autonomous construction equipment for major infrastructure developments. Supported by SoftBank's financial backing alongside a separate $225 million direct investment, the venture will accelerate the commercialisation of hardware and software solutions that allow mixed fleets of heavy machinery from various manufacturers to operate autonomously across complex job sites.
Ares Real Estate and PSP Investments have launched a new joint venture targeting up to $2.4 billion in US logistics property. The partnership combines Ares’ operational platform with PSP Investments’ capital, focusing on prime industrial markets across the US. Sourced by Marq Logistics, the venture launches with a 5.2 million-square-foot seed portfolio spread across 14 properties in key regions including California, Texas and New Jersey.
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.
Expo 2030 Riyadh has partnered with Mohammed Al Habib Real Estate Company in a 3.2 billion SAR joint venture to construct Expo Village. The residential development will house 5,500 international delegates across 2,300 apartments during the World Expo. Following the six-month exhibition, the sustainable district will convert into a permanent residential community, supporting long-term urban growth in northern Riyadh.
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.
Mapletree Investments has raised over US$500 million in equity commitments for the first close of its Emerging Asia logistics development strategy. The total includes US$250 million secured by its private fund, Mapletree Emerging Growth Asia Logistics Private Trust, along with co-investment backing. Targeting developments in Malaysia, Vietnam and India, the broader strategy is projected to reach a total investment value of US$2.1 billion when fully deployed.