Listed real estate sector extends momentum

GPR 250 Index finishes up 7.0% in February 2026

The listed real estate sector extended its positive momentum, with the GPR 250 Index adding 7.0% in local currency terms. Except for Oceania (-1.7%), there were continental wins for Asia (9.5%), Europe (7.7%), Americas (6.7%) and Africa (4.6%). It is also worth noting that 19 out of 22 GPR 250 Index countries rose in February 2026, with five countries posting double-digit gains.

Kennedy-Wilson Holdings Inc. agrees to go private

Kennedy-Wilson Holdings Inc. and Fairfax Financial Holdings Limited announced a definitive merger agreement under which Kennedy-Wilson Holdings Inc. would be acquired by a consortium led by its CEO Mr William McMorrow, along with senior executives, and Fairfax Financial Holdings Limited for USD 10.90 per share. The consortium will acquire all remaining shares for USD 10.90 each in cash, a sweetened takeover offer from the previous USD 10.25 in November 2025.

UI Boustead REIT launches Singapore IPO

Boustead Singapore Limited said that it had received bourse approval to list UI Boustead REIT on the main board of the Singapore Exchange and that it would sell its interests in 15 properties as part of the listing to UI Boustead REIT. Boustead Singapore Limited will divest its interests in 12 industrial properties and three other Singapore properties, including the Razer SEA headquarters and the Rolls-Royce Solutions Asia facility.

Picton Property Income Limited confirms interest

Picton Property Income Limited has confirmed interest from LondonMetric Property PLC in relation to the company’s strategic review and formal sale process. Picton Property Income Limited announced in January 2026 that it was launching a strategic review that could see the firm sold or merged with another REIT. The company stated that its shares had continued to trade at a material discount and as a result its ability to raise new equity had been constrained.