IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Real Estate Economics

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.
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.

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