Recently Announced Transactions | 2025 Week 40

10.2.25 | This week we recognized 5 capital-related transactions with a disclosed value of $15.6 Billion USD.

Deal Size ($Bn USD)Capital Related Transactions
$8.0Ares Aims to Raise $8 Billion to Back AI-Fueled Data Center Boom
$3.0Qatar’s QIA Funds $3 Billion Data Centre Platform With Blue Owl Capital
$2.3Blackstone Buys €2 Billion ($2.3 Billion USD) Industrial Portfolio from British Private Investor
$1.3Australia’s Aware Super and Goodman Group to Invest in $1.3 Billion U.S. Logistics Platform
$1.0Centersquare Expands North American Data Centre Portfolio With $1 Billion Acquisition
$15.6Total

 

Additionally, we recognized 8 leadership changes within the industry.

 


 

Summary of Transaction Headlines

Bloomberg |Ares Aims to Raise $8 Billion to Back AI-Fueled Data Center Boom

Ares Management Corp. has set fundraising targets for data center investments, positioning itself to capture a share of the Millions of dollars in new fees flowing into the booming sector. The Los Angeles-based firm is aiming for more than $8 Billion of equity fundraising to back data centers in the near term across London, Japan, and Brazil, it told investors in a presentation. Ares also hiked how much it’s hoping to raise from wealthy individuals over the next few years, according to the presentation.

IPE Real Assets |Qatar’s QIA Funds $3 Billion Data Centre Platform With Blue Owl Capital

Sovereign wealth fund Qatar Investment Authority (QIA) is providing financial backing for a new digital infrastructure platform being launched with Blue Owl Capital to initially hold more than $3 Billion worth of data centers. The two firms said they plan to create and expand over time “a digital infrastructure platform intended to accelerate global compute available to leading hyperscalers amid surging cloud and AI transformation.”

Bisnow |Blackstone Buys €2 Billion ($2.3 Billion USD) Industrial Portfolio from British Private Investor

U.S. giant Blackstone has completed one of the largest European property deals in the past few years, buying a portfolio of French industrial and retail assets for about €2 Billion ($2.3 Billion USD). Blackstone bought the portfolio from Proudreed, the French investment division of M Core. M Core is the property company of the Midlands-based MacDonald-Hall family, which has a total portfolio of £5.7 Billion ($7.6 Billion USD) in the UK, France, Poland, and Romania. The UK arm includes London & Cambridge Properties, the family’s first investment company, and Evolve Estates, which undertakes regeneration projects.

Morningstar |Australia’s Aware Super and Goodman Group to Invest in $1.3 Billion U.S. Logistics Platform

Australia-based superannuation fund Aware Super is partnering with infrastructure provider Goodman Group to invest in a $1.3 Billion logistics platform as it seeks to tap into the U.S. industrial sector. The platform owns and operates three Los Angeles assets that have tenants including e-commerce giant Amazon and shipping company Maersk, Aware Super said. Aware Super, which has a property portfolio worth 12 Billion Australian dollars, equivalent to $7.89 Billion USD, will own a 49% stake in the venture. Australia-listed Goodman Group will retain 51% and provide asset and property management services, it added.

DatacenterDynamics |Centersquare Expands North American Data Centre Portfolio With $1 Billion Acquisition

US operator Centersquare has acquired a portfolio of data centers in the US and Canada. The Brookfield-owned company announced the acquisition of 10 data centers across the United States and Canada. Acquired sites include two data centers in Boston and Minneapolis that the company had been operating under long-term lease agreements, along with eight additional colocation facilities in Dallas, Tulsa, Nashville, Raleigh, Toronto, and Montreal. The $1 Billion deal is being funded self-funded by Centersquare using cash on hand. Further details, including the seller(s), were not shared.

Business Wire |The RMR Group Announces Executive Leadership Promotions

The RMR Group (Nasdaq: RMR) announced Executive Leadership promotions, effective October 1, 2025. Matt Jordan is being promoted to Chief Operating Officer. Mr. Jordan will continue to focus on RMR’s capital formation and strategic growth initiatives while also continuing to oversee many of RMR’s shared service functions and operating platforms. Matt Brown is being promoted to Executive Vice President and will succeed Mr. Jordan as Chief Financial Officer and Treasurer, while continuing to oversee the accounting, finance, and tax functions. Yael Duffy is being promoted to Executive Vice President and will continue overseeing asset management, leasing, and property operations for the office, industrial, and retail sectors.

IREI |Newcore Capital Appoints Tim Thorp as COO

Newcore Capital, a U.K.-focused social infrastructure real estate investment manager, has hired Tim Thorp as Chief Operating Officer. Thorp brings more than 25 years of Executive experience in financial, operational, and investment management across private equity, real estate, and infrastructure. His experience includes structuring investment funds, originating and managing more than €2.5 Billion ($3 Billion USD) of debt, and overseeing the design and enhancement of investment management platforms and fund structures. He also brings extensive experience in complex restructurings, fund and special purpose vehicle (SPV) acquisitions and disposals, and managing platforms of more than 200 SPVs.

Property Week |Savills Hires GPE’s Nick Sanderson as CFO

Savills has appointed Nick Sanderson as its new Group Chief Financial Officer (CFO), effective from spring 2026. Sanderson will leave his role as Chief Financial and Operating Officer of London office landlord Great Portland Estates (GPE), which is now looking for a successor. He will remain in his current role with GPE to support an orderly transition while the search progresses, and a further announcement on the date of his departure will be made in due course.

Property Week |Berkeley Appoints Neil Eady as CFO

Berkeley has appointed internal candidate Neil Eady to its Board as Chief Financial Officer, effective 29 September. Eady is currently Divisional Finance Director of Berkeley Capital, one of the group’s London divisions. He joined Berkeley in July 2013 and has worked in a variety of Finance Director roles in the group, including as part of the team that established the St. William joint venture in 2014.

IREI |BGO Appoints Dyice Ellis-Beckham as Managing Director of U.S. Capital Raising Team

BGO has appointed Dyice Ellis-Beckham as a Managing Director on the firm’s U.S. capital-raising team. Based in New York City, Ellis-Beckham will be responsible for cultivating new relationships with limited partners and consultants in the U.S. Midwest and Eastern regions. Dyice brings to BGO nearly 30 years of asset management experience. Prior to joining the firm, she served as Managing Director at H.I.G. Capital on the capital formation group’s partners Advisory team.

PR Newswire |JLL Names Sam Schaefer as CEO of Property Management

JLL (NYSE: JLL) announced that it has named Sam Schaefer CEO of Property Management. Schaefer also joins JLL’s Real Estate Management Services Board and will lead the globalization of the firm’s property management business. Based in Boston, Schaefer reports to Neil Murray, Global CEO of Real Estate Management Services, JLL. In this newly created role, Schaefer oversees the full spectrum of property management services globally.

IPE Real Assets |Munn and Illitsch Named Co-CEOs of Swiss Life AM UK

Swiss Life Asset Managers UK, Tim Munn and Eduardo Illitsch will take over as Co-CEOs on 1 January 2026. They succeed Giles King, who will retire and hand over the leadership as CEO. Munn, with 27 years of experience in real estate investment management, joined Swiss Life Asset Managers UK in 2020 and has since served as CIO.

IREI |Fusion Group Appoints Richard Pilkington as CEO

Fusion Group, one of the United Kingdom’s largest privately owned student accommodation developers and operators, has appointed Richard Pilkington as its new Group CEO. He succeeds Nigel Henry, Co-Founder and CEO, who becomes Chairman of the business. Pilkington joins from Modon, the Abu Dhabi–based real estate group, where he has recently served as CEO for its international business, including the establishment of Modon’s presence in the United Kingdom.

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