Summary of Transaction Headlines

Bisnow | “Brookfield is Raising $10 Billion for New AI Infrastructure Fund”

Brookfield Asset Management is partnering with Nvidia and the Kuwait Investment Authority to make a significant investment in global AI infrastructure. The Brookfield Artificial Intelligence Infrastructure Fund is looking to raise $10 Billion in equity commitments and acquire as much as $100 Billion in AI-related assets. BAIIF will focus on physical infrastructure, including data centers and AI factories using Nvidia’s DSX Vera Rubin-ready reference design. Additionally, the fund will devote capital to building from the ground up on undeveloped land. It hasn’t disclosed where these locations might be.

IPE Real Assets | “Global Infrastructure Partners and ACS to Develop €2 Billion ($2.3 Billion USD) Worth of Data Centers”

Global Infrastructure Partners (GIP), part of BlackRock, is joining up with Spanish developer ACS Group to build and operate next-generation data centers globally. The joint venture will target hyperscalers, AI companies, and firms “seeking rapid, scalable, and sustainable data centres”, according to a joint announcement. The platform will be seeded with ACS’s existing 1.7 Gigawatts portfolio of data centers under development across Europe, the US, and Australia.

IPE Real Assets | “Connecticut Retirement Sets $1.2 Billion Real Estate Pacing Plan for 2026”

Connecticut Retirement Plans and Trust Funds has formulated a real estate pacing plan for 2026 with total investments of up to $1.2 Billion according to a recent board meeting document. The goal with this level of commitment is to assist the pension fund’s target of a 10% allocation for real estate, which the investor hopes to reach by 2027. Connecticut had invested 6.2% of its total plan assets in real estate through June of this year.

CoStar | “Lincoln Buys Student Housing Developer Capstone Development”

The newly acquired firm will continue to operate under the same name. Lincoln Property Co. has acquired Capstone Development Partners and its Capstone Management Partners subsidiary, a student housing and university facilities development and management firm. The company will continue to operate under the same brand but with the addition of “powered by Lincoln” to the name.

Business Wire | “Walmart Announces John Furner as President and Chief Executive Officer”

Walmart Inc. (NYSE: WMT) announced that its Board of Directors has elected John Furner, 51, to succeed Doug McMillon, 59, as President and Chief Executive Officer of Walmart Inc., effective February 1, 2026. Furner was also elected to the company’s Board of Directors, effective immediately. McMillon will retire on January 31, 2026, but remain on the Board of Directors until the next annual shareholders’ meeting and help ensure a smooth transition.

Housing Today | “Barratt Redrow Announces Departure of CFO by Mutual Agreement”

Interim Finance Chief has been appointed, and a search for a replacement launched. Barratt Redrow’s Chief Financial Officer has stepped down from his position by mutual agreement. Mike Scott joined Barratt in December 2021, having previously worked as Group Chief Financial Officer at Countryside as well as in various roles at Sainsbury’s. The housebuilding giant’s Board has launched a search for a replacement, with Michael Passmore joining the group immediately as Interim Deputy Chief Financial Officer.