Summary of Transaction Headlines

Reuters | “SBB Sells Community Property Portfolio Worth $3.4 Billion in a Deal With Sweden”

Troubled Swedish real estate group SBB said it will sell its community property portfolio to Oslo-listed Public Property Invest (PUBLI.OL), in a transaction valuing the assets at 32 Billion Swedish Crowns ($3.4 Billion USD), as it seeks to reduce its debt burden. SBB, which owns properties such as hospitals and care homes, is among several European property firms forced to restructure and cut debt amid high interest rates and economic headwinds, particularly in Sweden.

Bloomberg | “Cerberus Seeks $3 Billion for Opportunistic Real Estate Fund”

Cerberus Capital Management is quietly raising Billions of dollars for an opportunistic real estate fund. The New York-based alternative asset manager has a $3 Billion target for its Cerberus Institutional Real Estate Partners VII fund, which is expected to close in the first half of 2026. The fund will target data center and multifamily assets as well as residential mortgage-backed securities, special situations, and opportunistic credit origination.

DatacenterDynamics | “Vantage Plans for $2 Billion Virginia Data Center Project”

Vantage Data Centers is expanding its footprint in Virginia with a new campus around Fredericksburg. The company this week announced plans for a $2 Billion, 192 Megawatts campus near Fredericksburg in Stafford County. VA4 will house liquid-cooled three data centers on 82 acres totalling approximately 929,000 Square Feet. Ground has been broken, and the first building is scheduled to open in late 2027.

Bloomberg | “Morgan Stanley, GSA Buy $1 Billion Student Housing Portfolio”

Morgan Stanley Real Estate Investing (MSREI) and Global Student Accommodation (GSA) have acquired a US student housing portfolio valued at more than $1 Billion from a partnership between Abu Dhabi Investment Authority (ADIA) and Landmark Properties. The portfolio of eight student housing assets includes The Retreat at Corvallis, The Standard at State College, The Metropolitan State College, The Standard at Charlottesville, The Retreat at Gainesville, The Standard at College Station, The Retreat at Kennesaw, and The Standard at Raleigh.

IREI | “Barings Announces Leadership Transition in Asia Pacific”

Barings has appointed Alastair Wright as Head of Asia Pacific (APAC), effective January 2026. Wright succeeds Duncan Robertson, who will retire after 17 years with the firm. During his tenure, Duncan has played a pivotal role in expanding Barings’ presence and capabilities across the region. The firm extends its gratitude for his leadership and dedication.

CoStar | “Blackstone Global Co-Head of Real Estate to Leave”

Kathleen McCarthy helped run its $320 Billion real estate business. Blackstone’s Global Co-Head of Real Estate is set to leave following a 15-year stint at the world’s largest property company. Kathleen McCarthy said she would be stepping down from her role by the end of the year to explore new opportunities. The New York-based firm said that on her departure from Blackstone, Co-Head Nadeem Meghji will become sole Global Head of Blackstone Real Estate Business.

IREI | “Matt Pomeroy Joins Sagard Real Estate as Managing Director, Valuations”

Matt Pomeroy has been appointed Managing Director, Valuations, at Sagard Real Estate. He has more than 20 years of experience in commercial real estate. Prior to his role at Sagard Real Estate, Pomeroy was the Head of Asset Valuation at Chatham Financial and a Senior Vice President and Executive Committee Member at National Valuation Consultants.

IREI | “NEPI Rockcastle Appoints New CEO”

NEPI Rockcastle, Europe’s third largest listed retail real estate company with a portfolio value of more than €8 Billion ($9.2 Billion USD), has decided to appoint Marek Noetzel as its designated CEO, effective April 1, 2026. Noetzel was confirmed as the company’s permanent COO in June 2022 and is responsible for its operations across 60 properties in eight countries in Central and Eastern Europe, where NEPI Rockcastle is also the largest owner, operator, and developer of shopping centers in the region.

Business Wire | “RealPage Appoints Dirk Wakeham as Chief Executive Officer”

RealPage, a leading global provider of AI-enabled software platforms for the real estate industry, has appointed Dirk Wakeham as its new President and Chief Executive Officer, effective immediately. In conjunction with the appointment, Wakeham also joins the company’s Board of Directors. Wakeham brings extensive leadership experience as a six-time CEO and President for software and SaaS organizations, with a strong focus in PropTech and FinTech.