Brookfield Corporation has achieved a $2 billion initial close for its new Middle East-focused private equity fund. Anchored by Saudi Arabia’s Public Investment Fund, Brookfield Middle East Partners will target high-growth markets across the region, directing half of its investments toward Saudi Arabian businesses. The initiative aims to deepen local capital markets and expand regional financing options across key commercial sectors.
Asset World Corporation has revealed plans for two major projects along the Chao Phraya River, featuring an eco-friendly cross-river cable car and the new MONA Bangkok art museum. Developed alongside Australia’s Museum of Old and New Art, MONA Bangkok will form an unconventional cultural destination at Asiatique The Riverfront. The multi-billion baht initiative aims to enhance the city's sustainable tourism and creative offerings.
Real estate software firm MRI Software has launched MRI Agora Intelligence and MRI Agora Orchestrator on its core AI platform. The new tools offer global corporate property teams automated agentic workflows, daily role-specific updates and comprehensive data auditing tools to streamline daily real estate management safely.
Bed Bath & Beyond has signed an agreement to purchase Fathom Holdings to accelerate its end-to-end homeownership platform. The acquisition combines real estate brokerage, mortgage and insurance services with the retailer’s commerce operations. The deal is expected to close in the second half of 2026.
Figure Technology Solutions has secured a definitive $717 million deal to acquire AI lending platform Kiavi. The transaction, backed by a joint venture with Sixth Street, aims to transition billions in residential investment loans onto blockchain rails. This integration will leverage Figure's new AI tool, Adaptor, to automate data onboarding, targeting a 60 per cent medium-term EBITDA margin.
Neural Earth has introduced Prometheus, an AI-powered decision intelligence platform built to modernise property risk analysis for insurers and real estate investors. Launched on 9 June 2026 in Miami, the system unifies data from satellite imagery, sensors and insurance policies. It replaces legacy manual workflows with real-time analytics to help firms rapidly assess climate risk, manage exposure and evaluate asset data before allocating capital.
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