Listed real estate sector up 3.5% in November 2025

GPR 250 Index is up 13.6% on a year-to-date basis

The listed real estate sector rose 3.5% in November 2025, attributable to gains for Africa (7.2%), Asia (5.3%), Americas (3.7%) and Europe (0.6%). Oceania (-1.2%) faced a slight loss. On a year-to-date basis, the GPR 250 Index is up 13.6%, with respective total return performances ranging from 30.0% for Africa to 8.3% for Europe.

National Storage REIT receives AUD 2.86 proposal

Brookfield Property Group, on behalf of its affiliates and their managed funds, and GIC Investments (Australia) Pty Limited, on behalf of its affiliates and their managed funds, have made a non-binding bid to acquire National Storage REIT. National Storage REIT said the consortium had offered to pay AUD 2.86 cash per stapled security.

Kennedy-Wilson Holdings Inc. gets takeout offer

Kennedy-Wilson Holdings Inc. announced that it had received a non-binding proposal to buy out its shareholders and take the company private. The prospective buyer group includes the company’s CEO and chairman, Mr William McMorrow, Toronto-based Fairfax Financial Holdings Limited and other current senior executive officers of the company, which together already own a 31% stake. The bidders are offering to buy the rest of its shareholders’ equity for USD 10.25 per share, funding the bid through liquidity and stating that no financing is needed.

Castellum AB adopts ‘back to basics’ strategy

The Castellum AB management board announced that it had adopted a new strategy with a clear focus on profitability and capital allocation. The goal is to achieve an annual return on equity of at least 10% over an economic cycle. At the same time, the dividend policy has been adjusted to a capital distribution policy so that at least 25% of income from property management will be distributed to shareholders, either through cash dividends or share buybacks, unless the company's financial position justifies otherwise.