Summary of Transaction Headlines

Yahoo Finance | “Canada’s Brookfield to Buy UK’s Just Group for $3.2 Billion”

Canada’s Brookfield Wealth Solutions agreed to acquire Just Group for £2.4 Billion ($3.2 Billion USD) as part of its expansion into the UK pension risk market, sending the British insurer’s shares to an 11-year high. Under the deal, Just Group shareholders will receive 220 pence per share, a 75% premium to the stock’s closing price on July 30. Just Group shares jumped 69% to 213 pence in early trading, its highest since March 2014.

IPE Real Assets | “Mitsubishi and Nippon Join Lendlease for A$2.5 Billion ($1.6 Billion USD) Australian Residential Project”

Mitsubishi Estate Asia (MEA) and Nippon Steel Kowa Real Estate (NSKRE) have entered a joint venture with Lendlease to develop a A$2.5 Billion ($1.6 Billion USD) residential project in Australia. Lendlease secured the site at 175 Liverpool Street in central Sydney this month from a Chinese investor and plans to develop twin towers offering some 300 apartments and retail space. Construction is expected to begin in 2027. Under the terms of the agreement, MEA will take a 33% equity share in the joint venture, with NKSRE taking 17%.

GlobeSt. | “Onyx Partners to Acquire Retail Portfolio in $947 Million Deal”

Copper Property Trust has entered into a binding agreement to sell its remaining portfolio of retail real estate assets to Onyx Partners, marking a significant milestone in its ongoing liquidation process. The agreement, finalized on July 23, 2025, encompasses 119 retail properties and establishes a purchase price of $947 Million, to be paid in an all-cash transaction. The sale price represents a cap rate of approximately 10.4%, which translates to roughly $8 Million per property, about $60 per building Square Foot and $22 per land Square Foot.

IREI | “CBRE Announces New Roles for Key Leaders in Asia Pacific”

CBRE has announced new leadership responsibilities for Luke Moffat, who will serve as President, North Asia Advisory Services, and Tom Gaffney, who will serve as Head of Leasing for Asia Pacific (APAC). Moffat, who will relocate to Shanghai for his new role, will oversee all CBRE’s leasing, sales, debt and structured finance, and valuations businesses in China, Hong Kong, Macau, Taiwan, and South Korea. He most recently led the company’s Asia Pacific leasing business.

IREI | “Realterm Names New CEO, Europe and CEO, Asia Pacific”

Realterm has promoted two Senior Executives to CEO roles for its European and Asia-Pacific regions. Paul Underwood has been named CEO, Europe, while Brian Oravec has been named CEO, Asia Pacific. Underwood previously served as Managing Director, International Funds, at Realterm, overseeing the firm’s portfolio asset management, leasing operations, and financial analysis functions. He will continue to spearhead new product launches and drive regional growth initiatives across Realterm’s targeted European markets.

PR Newswire | “First National Realty Partners Promotes Sam Collier to Chief Revenue Officer”

First National Realty Partners (FNRP), a leading private equity commercial real estate firm, has promoted Sam Collier to Chief Revenue Officer. In his new role, Collier will lead leasing operations and oversee revenue-focused initiatives that support the firm’s strategic growth and enhance performance across its nationwide portfolio. As Chief Revenue Officer, Collier will be responsible for driving deal volume, improving FNRP’s tenant mix, and expanding partnerships with national and regional retailers.

PERE | “Mubadala Appoints Americas Real Estate Chief”

Mubadala Investment Company, one of the world’s largest sovereign wealth funds, has named its first dedicated Americas Real Estate Chief. The Abu Dhabi-based investor informed its staff this month that it has hired Daniel Fletcher as Head of Americas, Real Estate, according to a source familiar with the matter, who said Fletcher will report to the fund’s Global Head of Real Estate, Richard Nordell. Fletcher joins the wealth fund from Toronto-based public and private real estate manager Dream, where he spent the past year as Senior Vice President of Asset Management.