Stonepeak has confirmed a significant investment in the Australian retirement provider Aura Holdings. The deal involves up to A$1 billion in available capital through the investment and a development facility with domestic lenders. This funding will support Aura’s growth and its pipeline of new projects across Queensland. It marks Stonepeak’s second major move in the Australasian retirement sector following its 2024 acquisition of Arvida Group in New Zealand.
Blackstone has agreed to acquire Champions Group, a major provider of essential home repairs, from Odyssey Investment Partners. The deal includes a workforce of 1,800 technicians and a base of 150,000 members. Odyssey and the current management will retain a minority stake. The acquisition is expected to close in early 2026, aiming to scale the platform and set new standards in the residential services industry.
Property giant Greystar has confirmed a new partnership with Dallas-based operator Lantower Residential to take over its management operations. The move will see Lantower exit the property management sector entirely. Greystar is set to assume responsibility for 23 multifamily communities which represent nearly 7,900 units across the United States. The transition began on February 17 and includes two sites currently under development that are expected to begin leasing in the first quarter of 2026.
Council officials have greenlit a massive £531 million investment package to upgrade social housing across North Lanarkshire. The five-year plan aims to improve living standards for thousands of tenants by modernising kitchens, bathrooms and windows. A significant portion of the funding is dedicated to energy efficiency to help residents lower their heating costs. The scheme also includes the regeneration of several local estates and the demolition of older properties.
Developers have confirmed the signing of leases for the last two commercial plots at the Bay Meadows site in San Mateo. This announcement marks the final stages of a massive 20-year project. Once a horse racing track, the area has been overhauled into a modern community featuring housing, commercial offices and public green spaces. The site now encourages walking and public transport use for commuters.
UAE developer Arada has reached a significant construction milestone by appointing Engineering Contracting Co. (LLC) as the main contractor for the W Residences at Dubai Harbour. The AED1.55 billion agreement covers the delivery of all three luxury towers within the waterfront development. With preliminary works already in progress, the project is set to provide 490 branded homes alongside a suite of high-end amenities.
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