Online property portal group CoStar has signed a definitive agreement to buy residential data specialist Zonda for 800 million dollars in cash. The acquisition brings Zonda's major B2B property information framework and its prominent consumer platforms under the CoStar umbrella. The deal targeting North American new-build housing data is expected to close during the final half of 2026.
US trade association Nareit has rolled out its new PropTech and Innovation Partnership to bridge the gap between commercial property professionals and emerging tech firms. Artificial intelligence specialist Fifth Dimension has joined the 2026 pilot program as its first official participant. The initiative aims to track digital tools impacting real estate operations ahead of a planned full-scale expansion across the sector next year.
Boutique property venture Art Deco Freak has launched a dual-market residential transformation model in Pittsburgh and Los Angeles. Founded by entrepreneur Lauren Papa, DC, the firm specialises in turning distressed architectural assets into high-end single-family homes. The strategy avoids standard renovation formulas, focusing instead on historical preservation, upcycled materials, sustainable infrastructure and asset-specific repositioning to deliver premium turnkey properties.
Frasers Logistics & Commercial Trust has agreed to acquire interests in four freehold logistics properties in Germany and the Netherlands for approximately €294.9 million. The portfolio is fully occupied with a 5.7-year weighted average lease expiry. Funded via external debt, the transaction is expected to increase the trust's distribution per unit and expand its total portfolio to 118 properties.
Episurf Medical has signed a SEK 660 million deal to acquire 45 vehicle inspection and logistics properties from Lilium. The acquisition adds SEK 49 million in annual rental income to Episurf's growing Nordic real estate platform, expanding its industrial footprint across Sweden with a highly occupied portfolio backed by stable public and private tenants.
Arada has entered the UK market with the acquisition of a 75% stake in London-based Regal. Rebranded as Arada London, the deal includes AED2.5 billion in investment to accelerate delivery of 10,000 residential units, with plans to triple the pipeline over three years.
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