Realty Income has partnered with global investment firm KKR to create a euro-denominated joint venture holding a portfolio of European net lease assets. Under the agreement, KKR will invest €528 million for a 49 per cent equity stake, while Realty Income holds 51 per cent and continues property management. The deal covers 54 properties across Spain, Ireland, Poland and the Netherlands, backed by steady rental growth.
ESR-REIT has secured a S$200 million sustainability-linked unsecured revolving credit facility from Oversea-Chinese Banking Corporation Limited. The manager, ESR-REIT Management (S) Limited, announced that trustee Perpetual (Asia) Limited finalised the agreement. The money will support general corporate needs, including debt refinancing and asset upgrades across the group. The two-year agreement strengthens the trust's capital position while aligning its financial operations with clear corporate environmental goals.
GO Residential REIT has agreed to purchase 27 properties from H&R REIT for approximately US$2.8 billion. The deal expands GO's presence across the US Sunbelt region and New York City, adding nearly 13,300 suites to its portfolio. Following completion in late 2026, the combined entity will become Canada's second-largest publicly traded residential REIT by enterprise value while improving its leverage profile.
AREIT, Inc. recorded a 36 per cent increase in first-half net income to P5.8 billion, driven by strong revenues and portfolio expansion. Total revenues rose 30 per cent to P7.7 billion, while assets under management reached P159.4 billion. The firm has proposed a P20 billion asset infusion from Ayala Land, Inc., which will increase its total portfolio value to P179 billion following pending regulatory approvals.
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.
AvalonBay Communities and Equity Residential have revealed the future executive leadership team for their combined firm. The appointments will take effect after the completion of their multi-billion dollar corporate merger, which is scheduled for the second half of 2026. The new entity will control a substantial residential portfolio containing more than 180,000 rental apartments across the United States.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
