Indian state owned developer NBCC has entered the Dubai real estate market through a new subsidiary, marking its first major international project. The company has purchased land in Dubai Mainland for AED 16 million to build a ten storey mixed-use tower. This project is expected to bring in up to AED 60 million in revenue. The move builds on NBCC’s previous work in the region and its successful track record of delivering thousands of homes in India.
Supermarket Income REIT has expanded its UK portfolio by acquiring three well-established grocery sites in Aylesbury, Sale and Frimley for a total of £97.6 million. The deal includes major stores operated by Tesco, Sainsbury’s and Waitrose, all of which benefit from long-term, inflation-linked leases. This latest move marks the end of a busy year for the trust, which has focused on recycling capital and strengthening its position as a specialist landlord.
Crewstone International has announced a significant RM10 million investment into Zen Vision Group to support housing and property financing in Malaysia. Zen Vision, which has seen profits jump eightfold recently, will use the funds to deliver 71 upcoming projects. The deal follows a structured, milestone-based approach to ensure responsible growth. Both firms aim to provide more sustainable pathways for local homeownership through integrated property management and interior services.
BGO has marked its entry into the North American student housing sector by acquiring a two-tower complex in Edmonton, Canada. The Eleanor and Laurent towers provide a mix of 493 student beds and 272 residential apartments, including 68 affordable units. Located in the Garneau district near the University of Alberta, the fully leased assets represent a significant expansion for BGO’s residential platform.
Meta Estate Trust has reached a new milestone with the opening of Retail Park Ciolpani on the DN1 highway. This €2 million development is the first in the company's portfolio to produce regular rental income. With a gross leasable area of 2,650 square metres, the park features international retailers and a long-term lease structure. The site is expected to generate up to €385,000 in annual revenue at full capacity. It also includes green technology such as electric vehicle charging stations to align with environmental goals.
Mandatum and funds advised by Morgan Stanley Real Estate Investing have established a new joint venture to target residential property in Finland. The partnership begins with a seed portfolio of 360 units across seven assets in the Helsinki Metropolitan Area. Four of these properties were previously owned by Mandatum. This move is part of a broader plan to expand through future acquisitions in the capital region.
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