IRHM, Your Global Window into Real Estate and Hospitality

October 17, 2026

Transaction

Asia-Pacific real asset manager ESR has signed an agreement to acquire full ownership of Aquila Clean Energy APAC from Hamburg-based Aquila Group. The deal adds a 1.6 GW clean energy portfolio across key markets including Australia, Japan and South Korea. By integrating solar, wind and battery assets with its logistics and data centre operations, ESR aims to meet surging power demand across the region.
New York-based GTIS Partners LP has rebranded as Brightshore Capital LP after becoming fully partner-owned. Managing $5.6 billion in gross assets, the real estate firm simultaneously launched Brightshore Credit, a $250 million debt platform. The vehicle will target high-yield credit, stretch senior and mezzanine financing to assist developers facing high interest rates and building costs across the US and Brazil.
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.
Private equity real estate firm Longpoint Partners has bought a 10-building industrial portfolio across Miami-Dade County for $195 million. The deal adds 729,901 square feet of functional, small-bay industrial space in supply-constrained infill locations. Currently 90% occupied by 74 tenants, the portfolio was acquired at roughly $267 per square foot, strengthening the Boston-based firm’s long-standing presence and operational platform in South Florida.
Blackstone has acquired a majority stake in Sanha Logistics Park II, a 334,000 square metre dry storage development in South Korea's Seoul Metropolitan Area, through a primary share issuance. ESR will remain an investor and continue managing development and asset operations via ESR Kendall Square. Scheduled for completion in 2028, the strategic project along the Gyeongbu Expressway marks Blackstone's third logistics investment in the country.
DP World is expanding its UK logistics footprint by taking over six contract logistics facilities from GXO Logistics. The deal includes over two million square feet of warehousing capacity and transfers 2,000 employees. Triggered by a Competition and Markets Authority requirement following GXO’s purchase of Wincanton, the acquisition strengthens DP World's national supply network across ambient, chilled and frozen storage for major British grocers.

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