Alpine Income Property Trust, Inc. has acquired a three-property portfolio spanning Illinois, Virginia and Louisiana for $2.8 million, achieving a weighted average cash yield of 8.5%.
OMNIYAT has announced LUMENA ALTA, a 380-metre, 73-storey tower set to be Dubai’s tallest commercial building in Business Bay. The project, featuring 45 floors of premium office space, is scheduled for completion in 2030.
MRI Software has acquired Melbourne-based Proptech Labs in a deal that will expand its property management technology across Australia and New Zealand. The integration will enhance MRI Property Tree and Palace with advanced automation, inspections, and key management capabilities.
Slate Asset Management has agreed to acquire six essential real estate assets in Germany for more than €100 million, expanding its 2025 European investment total to over €800 million.
Fox News host Sean Hannity has received approval to merge two Palm Beach townhouses worth $20.5 million into a single oceanfront home, with plans including a new outdoor kitchen and pool redesign.
Fermi, co-founded by former U.S. energy secretary Rick Perry, has raised $682.5 million in a U.S. IPO, reflecting strong demand for AI-driven data infrastructure. The Texas-based company, valued at $12.46 billion, is building a massive energy and data campus set to supply 11 GW of power by 2038.
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