TotalEnergies and global investment firm KKR have expanded their 50/50 US joint venture with the addition of a 700 MW renewables portfolio. Valued at an enterprise value of $1.2 billion, the agreement adds three utility-scale solar projects in Texas and Ohio. The addition expands the partnership's existing 1.4 GW capacity, with all new assets scheduled to achieve commercial operation by early 2027.
Precast concrete manufacturer Metromont has acquired engineering firm PTAC Engineering, LLC from PTAC Companies. Effective 5 October 2026, the deal brings PTAC Engineering’s four offices across Florida and Alabama into Metromont’s operations. The acquisition formalises a 25-year working relationship during which the two companies collaborated on hundreds of precast concrete projects, expanding Metromont's in-house structural design and engineering capabilities.
Duetto has acquired FLYR Hospitality, adding automated revenue management and business intelligence tools to its existing Revenue & Profit Operating System. The acquisition incorporates advanced AI capabilities, real-time pricing and conversational analytics into Duetto's product suite. The combined technology aims to serve both independent hoteliers and large hotel chains by delivering total commercial performance insight across top- and bottom-line operations.
Logistic Properties of the Americas has agreed to sell income-producing assets at Parque Logístico Calle 80 in Bogotá to Bancolombia for COP 500 billion (around US$152 million). The all-cash deal brings LPA's 2026 asset dispositions to over US$300 million. LPA will retain management duties and fully serviced land with buildable capacity for 1.08 million square feet.
M&G Real Estate has completed the sale of Frontier Shinjuku Tower, a 24-storey mixed-use asset in Tokyo, following a 23% increase in net operating income. Disposed of 15 months ahead of the original investment timeline, the 298-apartment property underwent extensive asset enhancements and sustainability upgrades, securing Japan’s highest green rating, CASBEE S. The sale highlights sustained demand for prime rental housing in central Tokyo.
Redevco has agreed to a €49.2 million green loan facility to fund a 52,815 square metre logistics development in Tiel, the Netherlands. Issued to Financière ID, the project is over 70% pre-let to ID Logistics. The scheme incorporates a connection to the Medel Energy Island to manage local grid congestion, targets BREEAM Excellent certification and aims for 75% energy self-sufficiency through on-site solar power.
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