IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Real Estate Economics

LBA Logistics has acquired Core45 Building 1, a newly constructed 616,068-square-foot Class AA industrial facility in the South Dallas market. The sale was managed by JLL Capital Markets, which represented the seller, an affiliate of Grandview Partners. Completed in 2023, the property is 48 per cent leased to investment-grade tenant Owens Corning.
Altus Group Limited has announced significant changes to its senior leadership structure following the conclusion of a comprehensive strategic review. Jim Hannon, the company's Chief Executive Officer and Director, has departed his roles with immediate effect. The commercial real estate intelligence provider, trading on the TSX as AIF, simultaneously appointed former CEO Mike Gordon as Executive Chair. Mr. Gordon is confirmed to take over the CEO position fully in Q1 2026. Current Chair Raymond Mikulich is stepping down but will retain his seat on the Board of Directors.
Interpolitan Money has launched Property SPV Accounts to support developers, investors, and family offices operating through UK and international Special Purpose Vehicles. The new service offers multi-currency wallets, fast onboarding, and global payment access across 160+ countries, addressing a long-standing gap in real estate banking solutions.

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