Summary of Transaction Headlines

IPE Real Assets | “Scape Australia Buys Aveo Retirement Living Portfolio for A$3.8 Billion ($2.4 Billion USD)”

Scape Australia, with the backing of a global capital partner, has acquired the Aveo retirement portfolio from Brookfield Asset Management for A$3.85 Billion ($2.4 Billion USD), in what will be Australia’s largest-ever direct real estate transaction. The transaction is being made between Brookfield and Scape’s The Living Company, a newly established brand that will hold and operate all of Scape’s assets. Aveo owns a portfolio of more than 10,000 units located in premier metropolitan suburbs across the eastern seaboard of Australia.

IPE Real Assets | “Brookfield Sells €1.2 Billion ($1.3 Billion USD) Iberian Student Housing Portfolio to Nido Living”

Brookfield Asset Management has sold its Iberian student housing portfolio to Canada Pension Plan Investment Board’s (CPP Investments) student accommodation platform Nido Living for €1.2 Billion ($1.3 Billion USD). Nido Living said it has secured approximately €700 Million ($813 Million USD) in debt financing for its acquisition of Livensa Living, with Crédit Agricole CIB acting as the sole bookrunner. Livensa Living, which has a portfolio of 22 properties, has been scaled by Brookfield since its 2019 acquisition. It has grown from five properties to over 9,000 beds across 13 university hubs in Madrid, Barcelona, Lisbon, and other prime cities.

IREI | “Faropoint Launches Industrial Value Fund IV, Targeting $1 Billion”

Faropoint, a vertically integrated real estate investment manager focused on urban logistics, has announced the launch of its flagship Industrial Value Fund IV, targeting $1 Billion in capital commitments. The fund and its sidecar have secured a combined $225 Million in seed commitments from the Teacher Retirement System of Texas (TRS). Fund IV follows its predecessor, Fund III, which raised $916 Million (including $29 Million in co-investments), surpassing its $750 Million target, and is now mostly deployed across approximately 200 properties representing $1.8 Billion in gross asset value.

Housing Today | “Keepmoat Appoints Tim Beale as New Chief Executive”

Housebuilder Keepmoat has appointed a new Chief Executive after Tim Beale decided to stand down. Divisional Chairman Ian Hoad, who has been with the firm for more than 20 years across two stints, will take up the role next week. Beale, who became Chief Executive in 2019, said, “After careful consideration, I have taken the decision that the time is right for me to step down as CEO.”

Business Wire | “Global Medical REIT Appoints Mark Decker, Jr. as CEO”

Global Medical REIT Inc. (NYSE: GMRE) announced that Mark Decker, Jr. has been appointed as the company’s Chief Executive Officer and President, effective immediately. Mr. Decker, who will join the Board of Directors, succeeds Jeffrey Busch, who will continue to serve on the Board as Non-Executive Chairman. Lori Wittman, Lead Independent Director of the company, stated, “We are extremely pleased to announce Mark Decker, Jr., as our new Chief Executive Officer.

Business Wire | “UDR, Inc. Announces Appointment of Dave Bragg as Chief Financial Officer”

UDR, Inc. (the “Company”) (NYSE: UDR), a leading multifamily real estate investment trust, announced the appointment of Dave Bragg as Chief Financial Officer (“CFO”), effective July 24, 2025. Mr. Bragg succeeds Joe Fisher, who in January 2025 was appointed to the role of Chief Investment Officer (“CIO”) in addition to his responsibilities as the company’s President. Mr. Bragg has an extensive background in public and private real estate with over two decades of experience in real estate finance, investment strategy, and capital markets. Mr. Bragg joins UDR from Roots Management Group, a leading owner and operator of manufactured housing and recreational vehicle resort communities.

IREI | “Maryland State Retirement System Appoints Robert Burd, Acting CIO”

The Maryland State Retirement and Pension System (SRPS) Board of Trustees has named Robert “Bob” Burd as acting CIO, effective July 1. Burd now serves as the Deputy CIO for SRPS, a role he has held since 2011. In this position, he has played a key role in shaping asset allocation strategy, managing investment risk, and overseeing manager selection across the $70 Billion portfolio, according to the pension fund. Burd will assume the interim role after the retirement of Andrew Palmer, who has served as CIO since 2015 and will step down June 30.

MarketScreener | “UK’s Berkeley Appoints Rob Perrins as Executive Chair to Lead Growth Strategy​”

Berkeley Chief Executive Rob Perrins is set to become Executive Chair, succeeding Mike Dobson, who will step down from the Board on 5 September at the annual general meeting (AGM). Richard Stearn, who has been Chief Financial Officer at Berkeley since 2015, will then take up the role of Chief Executive. Perrins has been Berkeley’s Chief Executive since 2009. In the past 10 years, he has earned around £107.3 Million ($146 Million USD) from the company.