Savills has signed a $1.1 billion agreement to acquire global investment bank Eastdil Secured. This move creates a worldwide capital markets powerhouse, ranking the group second globally for commercial transactions over $100 million. Eastdil will operate as the dedicated investment banking arm of Savills, maintaining its headquarters in New York, London and Santa Monica while providing a platform for significant growth across the United States and Asia.
Marq Logistics has secured a 220,000 square meter lease at its new Guarulhos development in Brazil. This agreement stands as the largest logistics lease ever recorded in the country according to data from JLL. The facility is part of the GLP Guarulhos III project and will be customised to meet the specific operational needs of a global customer. Completion of the site is expected in late 2026.
CapitaLand Ascott Trust has acquired three rental housing properties in Greater Tokyo for JPY4.6 billion. Located in Southern Kanagawa, the freehold assets boast occupancy rates above 95 per cent and offer stable, long-term returns. This move increases the trust’s living sector portfolio to 17.5 per cent of its total value. The acquisition aligns with a broader strategy to expand presence in key Japanese markets through resilient, income-generating assets.
The Dubai Land Department is launching Phase II of its Real Estate Tokenisation Project, allowing secondary market trading from 20 February 2026. This move transitions the project from a pilot stage to a regulated operational framework involving 7.8 million tokens. The initiative aims to enhance market liquidity and transparency while supporting the Dubai Real Estate Sector Strategy 2033. By enabling fractional ownership, Dubai is positioning itself as a global leader in property technology.
Devonport City Council has unveiled the Formby Road Urban Renewal Study, identifying two major CBD sites for private development. Part of the LIVING CITY project, the plan proposes high-end apartments and commercial offices to replace existing car parks. By creating a new urban plaza and improving pedestrian links to the Mersey River, the council aims to boost footfall for local retailers and meet growing demand for inner-city living.
Saudi Arabia's General Real Estate Authority has launched the long-awaited Real Estate Ownership System for Non-Saudi Nationals, effective from 22 January 2026. This new regulatory framework allows residents, non-residents, and international companies to own property across the Kingdom via the "Saudi Properties" digital portal. While major cities like Riyadh and Jeddah are included, specific restrictions remain for Makkah and Madinah to protect their unique status.
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