Singapore-based real estate investment firm SC Capital Partners acquired Vietnam-based Fusion Hotel Group, part of wider efforts to growth its presence in the Southeast Asian region. Financial terms were not disclosed.

Ho Chi Minh-based Fusion will continue to manage its 18 hotels with 3,000 rooms across five brands in Vietnam and Thailand, with plans to expand to the Maldives. “Vietnam [is] one of the region’s fastest-growing and high-barrier-to-entry hospitality markets,” SC Capital founder and Chairman Suchad Chiaranussati said in a statement. “It reinforces our conviction that strong operating platforms are increasingly essential to successful real estate investing.”

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Property owner Landsec appointed Savills and investment bank Lazard to sell its one-acre development at London’s famous Piccadilly Circus, with an initial asking price of £450 million. That would be the largest single sale in London’s West End since 2012.

Known as Lucent, the development includes newly built offices and retail shops beneath the Piccadilly Lights, the neon London landmark with large video billboards — the equivalent of New York City’s Times Square. The retail and leisure element includes four flagship stores on Regent Street and Shaftesbury Avenue, with space leased to tenants such as Boots and Lindt.

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Investment firm Cedar Capital Partners and the real estate branch of L Catterton completed their acquisition of Garden Beach Hotel, in the upscale French resort town Juan-les-Pins, reflecting strong ambitions to expand in the luxury hospitality industry. The companies formed a joint venture aimed at developing luxury hotels in Europe and North America.

“This partnership will deploy a value-add investment strategy focused on the acquisition, transformation and repositioning of iconic five-star and luxury hotels, located in leading urban and seaside destinations,” the companies said in a statement. L Catterton also holds stakes in numerous global retail brands including Birkenstock, Etro and Ganni. 

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Canada’s Ontario Teachers’ Pension Plan entered the German residential property market with the acquisition of nearly 300 apartments for about €70 million. The seller was Bayerische Versorgungskammer.

The transaction was conducted through investment manager DW Effectum and involves properties in Freiburg, Nuremberg, Bayreuth and Freising. The Canadian pension fund has previously been active in German logistics property investments and is in the process of diversifying its European real estate portfolio. 

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A consortium led by Groupe Society and Laurier Capital acquired Windsor Station, the historic office-and-retail complex next to Montreal’s Bell Centre, adding to a wave of high‑profile ownership changes reshaping the city’s downtown core. Cadillac Fairview, a subsidiary of the Ontario Teachers’ Pension Plan, sold the property for an undisclosed price.

Windsor Station is a landmark heritage property that the buyers said has been long underutilized relative to its prime location. The new owners said the acquisition marks the beginning of the property’s revitalization, noting that Windsor Station has approximately 326,000 square feet of combined office and retail space.

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More patients than ever are visiting medical outpatient clinics, and the need to build more facilities is expected to rise as the population ages.

Few new medical outpatient centers are under construction in the United States, real estate services firm JLL said in its 2026 Medical Outpatient Building Perspective report. The issue is especially acute in fast-growing markets such as Houston and Orlando, Florida. The dearth of new construction for medical outpatient facilities comes at a time when about 93% of available space nationwide is occupied, JLL reported.

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This report was compiled from CoStar’s news publications in the United States, United Kingdom, Canada, France and Germany.