AvalonBay Communities and Equity Residential have revealed the future executive leadership team for their combined firm. The appointments will take effect after the completion of their multi-billion dollar corporate merger, which is scheduled for the second half of 2026. The new entity will control a substantial residential portfolio containing more than 180,000 rental apartments across the United States.
CTP has secured more than 12,000 sqm of new lease agreements across its Polish portfolio. This recent activity follows a major 29,000 sqm deal signed in March. The new transactions involve five different business parks and include both new tenants and existing client expansions. These deals highlight the sustained demand for modern warehouse space and the ongoing strength of Poland’s industrial property market.
OpenAI has secured a significant long-term lease for the entire 350-380 Ellis office campus in Mountain View. The deal involves a 450,000 square foot Class A property owned by KKR Real Estate Finance Trust Inc. and TMG Partners. Following a major renovation to modernise the five-building site, the AI giant will move into the heart of Silicon Valley to support its rapid growth and operational scaling.
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