Solar power company Alight has expanded its clean energy partnership with automotive supplier Lear Corp through three new industrial projects in Europe. The initiatives include a 1.4-megawatt solar carport in Valls, Spain, and two rooftop solar systems at factories in Poland. Operating under a long-term Solar-as-a-Service model, the new installations bring the firms' joint European capacity to more than 6 megawatts across six operational sites.
Legal technology specialist Legora has acquired Cadastral, an artificial intelligence platform built for the commercial property sector. The transaction represents Legora's first expansion into commercial real estate and establishes a new engineering base in New York City. Cadastral is the company's fourth acquisition this year, following substantial revenue growth and a multibillion-pound corporate valuation.
Construction has commenced on Aspen at Greenleigh, a $148 million premium apartment scheme in Middle River, Maryland. The joint venture between St. John Properties and Somerset Companies will introduce 335 high-specification homes by late 2027. Notably, the development is on track to become North America's largest green Insulated Concrete Form structure, setting a new benchmark for regional urban development.
US trade association Nareit has rolled out its new PropTech and Innovation Partnership to bridge the gap between commercial property professionals and emerging tech firms. Artificial intelligence specialist Fifth Dimension has joined the 2026 pilot program as its first official participant. The initiative aims to track digital tools impacting real estate operations ahead of a planned full-scale expansion across the sector next year.
Streamex Corp. has partnered with Orca to launch a 24/7 decentralised secondary liquidity infrastructure for tokenised securities. The system debuts with GLDY, a gold-backed tokenised security. Operating on the Solana blockchain, the platform automates regulatory compliance and KYC verification at the token level, creating a continuous trading venue supported by institutional liquidity providers for verified accredited investors.
Hospitality leader Accor has launched a five year global eco-initiative to test and scale resource-saving technologies across its international network. The project targets the validation of over 100 environmental systems by 2030, beginning with an intense operational focus on commercial water efficiency. Partnering with non-profit Water Unite, the company will pilot advanced recycling and reuse systems across its portfolio.
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