Summary of Transaction Headlines

PR Newswire | “Welltower Announces $23 Billion of Transactions and Intensified Focus on Seniors Housing to Amplify Long-term Growth Profile”

Welltower Inc. announced a series of transactions totaling $23 Billion, through which the company will amplify its focus on rental housing for the rapidly expanding population of senior housing. Driving the transaction activity is $14 Billion of acquisitions, primarily comprised of high-quality senior housing communities in the US and UK. The acquisitions are expected to be fully funded through proceeds received from $9 Billion of asset sales and loan repayments, as well as cash on hand. Despite the near-term impact of dispositions, loan repayments, and the acquisition of newly developed or lease-up senior housing communities, the announced transactions are projected to be accretive to the company’s normalized funds from operations (FFO) per share in 2026, with significant embedded future earnings growth potential anticipated in subsequent years.

DatacenterDynamics | “AirTrunk Signs $3 Billion Deal With Humain to Develop Data Centers in Saudi Arabia”

APAC data center operator AirTrunk is expanding into the Middle East after partnering with Saudi AI firm Humain. The two companies have agreed to establish a $3 Billion strategic partnership to build data centers in the Kingdom of Saudi Arabia. The move marks AirTrunk’s first move into the Gulf region. The firms said they would, along with AirTrunk investor Blackstone, develop a “long-term strategic partnership” focused on financing, developing, and operating next-generation data centers and AI infrastructure across the Kingdom of Saudi Arabia.”

IREI | “Plymouth Industrial REIT Announces Agreement to be Acquired by Makarora for $2.1 Billion”

Plymouth Industrial REIT has entered into a definitive merger agreement under which entities affiliated with Makarora Management, along with Ares Alternative Credit funds, will acquire all outstanding shares of Plymouth’s common stock and all outstanding limited partnership interests of Plymouth Industrial OP, LP, for $22.00 per share, in an all-cash transaction valued at approximately $2.1 Billion, including the assumption of certain outstanding debt.

IREI | “Greystar Announces Final Close of $1.2 Billion Greystar Credit Opportunities Fund II”

Greystar has held a final closure for its Greystar Credit Opportunities Fund II (GO II), the firm’s second dedicated closed-end credit vehicle. Approximately 12 months after the fund’s first closing, the fund had a final close bringing the total to $1.2 Billion, exceeding its original $750 Million target. “The strong interest in GO II reflects confidence in Greystar’s disciplined approach, access to data, and the breadth of our platform,” said Kevin Kaberna, co-head of Greystar’s Americas principal business. “We are grateful for the support of both new and longstanding investors who share our vision for this strategy.”

IPE Real Assets | “SROA Capital Secures Over $1 Billion for Latest US Self-storage Strategy”

Real estate investment manager SROA Capital has secured over $1.1 Billion in capital commitments for its latest US self-storage strategy. SROA Capital Fund IX closed above its $750 Million target, securing $865 Million from investors, including public pensions, foundations, endowments, and insurers, along with an additional $250 Million in co-investment commitments. SROA said Fund IX has so far closed 18 transactions across 25 states, totalling 284 properties and 13.5 Million of Rentable Square Feet.

IPE Real Assets | “Aberdeen to Fully Acquire Tritax by 2029”

Aberdeen Group has reached an agreement to increase its interest in logistics manager Tritax Management to 100% in 2029. Following Aberdeen’s initial acquisition of 60% interest in Tritax in 2022, the firm will increase its stake to circa 80% in April 2026 and to 100% in 2029. To support future growth and the smooth succession of the business, Tritax will promote Hana Beard, Mehdi Bourassi, Ian Brown, Chase French, Nick Ireland, Tim O’Reilly and Henry Stratton to partner level from April next year.

IREI | “Cabot Properties Names New COO and Head of Asset Management”

Cabot Properties has made two additions to its senior team. The firm has named Bradford Otis as the newly created COO role, where he will be responsible for overseeing and optimizing internal functions globally across finance, information technology and human resources. Michael Gebo has been promoted to Head of Asset Management and will oversee leasing, tenant relations and property management in the United States.

IREI | “Catella Group Names Dominik Rohrich as Head of Investment Management”

Catella Group has named Dominik Rohrich as Head of Investment Management. He will lead the group’s investment management platform with more than €14 Billion ($16 Billion USD) in assets under management (AUM) covering fund and asset management operations across 12 European countries. He will focus on driving Pan-European growth, enhancing performance, and strengthening institutional partnerships. He will assume the position on March 1, 2026.

IREI | “Harbert Hires Former Blackstone Exec as Part of New Leadership for European Real Estate Platform”

Florent Danset has joined Harbert Management Corp. (HMC) as Senior Managing Director and Co-Head of European Real Estate. Prior to joining HMC, he Co-Founded Alte, a boutique investment manager specializing in European value-added real estate, following senior investment roles at Blackstone and Partners Group. Danset will serve as Co-Head of European Real Estate alongside Senior Managing Director David King, who has been with HMC for approximately 18 years.