Europi Property Group and Incus Capital have formed a strategic joint venture to expand the Portuguese logistics firm Ecologis across the Iberian Peninsula. The partnership aims to build a leading platform by acquiring at least €100 million of additional high-quality assets in Portugal and Spain. Since its launch in 2021, Ecologis has amassed a 160k sqm portfolio of 11 assets which are currently fully occupied.
Global investment firm KKR has completed the acquisition of the Cheongna Logistics Center in Incheon, South Korea. The deal represents the largest single asset logistics transaction in the country to date. Working alongside local asset manager Kreate, KKR acquired the 4.6 million square foot facility to capitalise on the growing demand for modern warehousing. The site is currently fully occupied and serves as a vital link in the Greater Seoul metropolitan area supply chain.
Golden Land Development has announced its first residential venture, Naseem compound, located in the Green Revolution area of Sheikh Zayed. The EGP 5 billion project features a low-density design with only 27% building coverage across 8.5 feddans. Offering units from one to four bedrooms, the development is positioned near the Grand Egyptian Museum and Sphinx International Airport. With payment plans extending up to ten years, the project marks a significant expansion for the developer into Egypt’s luxury residential market.
Blackstone has finalised a deal to acquire Tokyo C-NX, a premier Grade A logistics facility, for more than JPY 100 billion. The transaction is the largest logistics deal in Japan for 2025 and involves a 1.6 million square foot warehouse in the strategic Tokyo Bay area. As Japan’s e-commerce market grows to become the world’s fourth largest, Blackstone is positioning itself as a key partner for local corporates.
The IPO of Action Energy Company concluded with exceptional results, seeing subscription coverage reach KWD 276 million earlier this month. Managed by National Investments Company, the offering was more than five times oversubscribed, showing strong appetite for Kuwaiti energy assets. Shares were priced at 212 fils each, with trading having already begun on the Premier Market of Boursa Kuwait on 17 December 2025.
Roadside Real Estate is set to acquire Gardner Retail for approximately £17.8 million, marking a major strategic move into the petrol forecourt sector. The deal involves six high quality sites in Southwest England that generated £33.9 million in revenue last year. Roadside will fund the acquisition by expanding its existing debt facility with Tarncourt Properties. This transaction is expected to be immediately earnings accretive and serves as a foundation for further consolidation in the roadside retail market. The company has already paid a multi million pound deposit with completion scheduled for early 2026.
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