Northern LGPS and LPPI are launching Four Corners, an in-house property management platform overseeing 5,478 rental homes across England, Scotland and Wales. Following their December 2025 acquisition of PRS Holdco's housing portfolio, the joint venture plans to deploy £1 billion over the next decade to build more than 15,000 new homes, leveraging pension funds to address the UK’s chronic rental supply shortage.
Philippine property giant Megaworld has raised P5.6 billion from block sales of MREIT shares to fund its township development pipeline. The capital will back the next generation of recurring income assets ahead of a major fifth asset infusion. This incoming "Wave 5" expansion will add 303,500 square meters of gross leasable area, diversifying the real estate investment trust beyond offices into retail and hotels.
A consortium led by Banque Misr has secured an additional EGP 4 billion syndicated loan for Ora Developers Egypt. The deal raises the total financing for the flagship Zed Sheikh Zayed project in West Cairo to EGP 9 billion, helping to fund remaining construction costs across the 165-acre urban development.
A new report by property consultancy Cavendish Maxwell reveals that Ras Al Khaimah will deliver 25600 new residential units by 2030. The massive property boom is fueled by a population projected to reach 650000 alongside major infrastructure upgrades. Apartments will comprise 97% of the upcoming pipeline to meet shifting buyer demands, with peak delivery expected to hit 9100 homes in 2029.
Starwood Capital Group has completed the final closing of its latest global opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII, securing over $10.2 billion in capital commitments. Supported by more than 300 institutional and private investors across 20 countries, the fund has already deployed $3 billion into data centers, housing and industrial assets across the US, Europe and Asia.
Real estate services firm Cushman and Wakefield has completed the 12.25 million USD sale of Monon and Main in Carmel, Indiana. Trading at 354 USD per square foot, the 34,650-square-foot mixed-use property has set a new record for office sales in the state. The four-story boutique building was entirely leased at the time of the transaction.
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