For deal sourcers, staying current on private company activity is critical to spotting active buyers, tracking market trends, and uncovering emerging investment opportunities ahead of competitors.
In December alone, we added more than 2,500 new private company transactions, bringing the total to over 16,000 searchable deals across sectors, industries, and transaction types in Dakota Marketplace.
Inside Dakota Marketplace, you’ll find the transactions tab that provides structured, filterable data on deal types, values, and dates, while our editorial team curates daily updates through the Dakota transactions newsletter, helping you cut through the noise and focus on what matters most.
To ensure the most comprehensive coverage of private market activity, Dakota monitors over 10,000 websites including company websites, newswires, and numerous third-party news providers to capture and verify transaction data as it happens.
Below are the top 10 real estate transactions.
- Transaction Date: 12/8/2025
- Industry: Real Estate Management & Development
- Type: Buyout/Private Equity
- Transaction Value: $2.3B
- Participants: Blackstone Inc, DivcoWest Real Estate Services, MW Group, Ltd., Alexander & Baldwin Inc, BofA Securities, Inc., Skadden, Arps, Slate, Meagher & Flom LLP, Cades Schutte a Limited Liability Law Partnership LLP, Wells Fargo Prime Services, Simpson Thacher & Bartlett LLP, Eastdil Secured, Carlsmith Ball LLP, Gibson Dunn & Crutcher LLP
Alexander & Baldwin agreed to be taken private by a joint venture led by MW Group alongside Blackstone Real Estate and DivcoWest in an all-cash transaction valuing the company at approximately $2.3 billion, including debt. Shareholders will receive $21.20 per share, representing a 40% premium, while the transaction positions A&B to continue investing in and operating Hawai‘i’s largest portfolio of grocery-anchored commercial real estate as a private company.
- Transaction Date: 12/31/2025
- Industry: Office REITs
- Type: Partial Interest Acquisition (Real Estate)
- Transaction Value: S$1.45B
- Participants: Keppel REIT Management Limited, Sageland Private Limited, JLL Investments
Keppel REIT completed the acquisition of an additional one-third interest in Marina Bay Financial Centre Tower 3 at an agreed property value of S$1.45 billion, increasing its aggregate ownership to two-thirds of the prime Grade A Singapore office asset. The transaction strengthens Keppel REIT’s exposure to a highly occupied, blue-chip tenanted CBD property and underscores its strategy to anchor and grow its portfolio of high-quality commercial assets in Singapore.
- Transaction Date: 12/23/2025
- Industry: Retail REITs
- Type: Partial Interest Acquisition (Real Estate)
- Transaction Value: $575M
- Participants: Australian Retirement Trust, Scentre Group
Australian Retirement Trust agreed to acquire a 19.9% stake in Westfield Sydney from Scentre Group for $864 million, marking the largest single-asset CBD retail transaction in Australia. The investment provides ART with exposure to one of the country’s premier retail assets, with QIC appointed as investment manager and Scentre Group retaining asset management following completion in early 2026.
- Transaction Date: 12/24/2025
- Industry: Real Estate / Development
- Type: Real Assets
- Transaction Value: $520M
- Participants: Oak Row Equities, OKO Group, Mariposa Real Estate, TYKO Capital
Oak Row Equities, OKO Group, and Mariposa Real Estate completed a $520 million acquisition of Aimco’s 4.25-acre waterfront site in Miami’s Brickell district, marking the largest land purchase ever in Florida. The transaction secures the final large-scale developable waterfront parcel in Brickell, enabling a multi-tower, ultra-luxury mixed-use development anchored by a hotel and branded residences, supported by a $464.5 million acquisition and predevelopment loan from TYKO Capital.
- Transaction Date: 12/30/2025
- Industry: Real Estate Management & Development
- Type: Real Estate Credit
- Transaction Value: $464.5M
- Participants: Walker & Dunlop Inc, TYKO Capital
Walker & Dunlop arranged a $464.5 million acquisition and predevelopment loan from TYKO Capital to finance Atma Miami by Aman, securing the largest and final developable waterfront site in Brickell and setting a record for Miami’s largest land acquisition loan. The financing supports an ultra-luxury mixed-use development featuring Aman-branded residences, a five-star hotel, and resort-style amenities on a 4.25-acre bayfront parcel.
- Transaction Date: 12/15/2025
- Industry: Real Estate Management & Development
- Type: Portfolio Sale / Real Estate Divestiture
- Transaction Value: $455M
- Participants: LaTerra Capital Management, LLC, Respark Residential, LLC, Apartment Investment and Management Company (Aimco)
Aimco entered into a definitive agreement to sell a seven-property, 1,495-unit Chicago apartment portfolio to LaTerra Capital Management and Respark Residential for $455 million, with closing expected in the first quarter of 2026. The transaction advances Aimco’s plan of sale and liquidation, with approximately $160 million of net proceeds expected to be returned primarily to shareholders following closing.
- Transaction Date: 12/10/2025
- Industry: Residential REITs
- Type: Acquisition/Merger
- Transaction Value: $449.74M
- Participants: Lai Sun Development Company Limited, JD.com Inc
JD.com agreed to acquire a 50% stake in Hong Kong’s CCB Tower from Lai Sun Development for HK$3.5 billion, securing a significant office presence in the city’s central business district. The transaction provides Lai Sun with approximately HK$2.4 billion of net cash proceeds to reduce leverage, while positioning JD.com to use the landmark office building as its Hong Kong headquarters.
- Transaction Date: 12/11/2025
- Industry: Retail REITs
- Type: Real Estate Asset Purchase
- Transaction Value: $440M
- Participants: Blackstone Inc
Blackstone acquired a roughly $440 million portfolio of grocery-anchored retail properties in Texas, totaling about 2 million square feet across major markets including Dallas, Houston, and San Antonio. The transaction reinforces Blackstone’s high-conviction strategy in grocery-anchored retail, attracted by stable cash flows, strong occupancy, and resilient demand anchored by leading grocers such as H-E-B and Kroger.
- Transaction Date: 12/10/2025
- Industry: Real Estate Management & Development
- Type: Real Assets
- Transaction Value: $429M
- Participants: DRA Advisors, DLC Management Corp.
DLC, in partnership with DRA Advisors, acquired an off-market, eight-property open-air retail portfolio totaling approximately 2.1 million square feet for $429 million across five states. The transaction expands DLC’s footprint into Phoenix and Oklahoma while strengthening its presence in Texas and Florida, adding a predominantly leased, grocery- and value-oriented retail portfolio anchored by leading national tenants.
- Transaction Date: 12/3/2025
- Industry: Industrial REITs
- Type: Real Assets
- Transaction Value: $400M
- Participants: Investcorp
Investcorp completed a $400 million acquisition of a 35-building U.S. industrial portfolio totaling 2.6 million square feet across seven Eastern and Western markets. The highly occupied portfolio strengthens Investcorp’s exposure to infill logistics assets benefiting from strong industrial demand and limited new supply.
Transactions in Dakota Marketplace
At Dakota, we understand how important it is to stay current on deal activity as it happens. That’s why our editorial team continuously monitors the news for real-time updates on platform investments, add-ons, divestitures, and more to deliver daily highlights straight to your inbox through our transactions newsletter.
Inside Dakota Marketplace, the transactions tab provides structured, filterable data with deal dates, types, sectors, and financials, allowing you to build a customized feed that aligns with your focus areas.
Whether you're evaluating a new investment opportunity or tracking trends within a target sector, Dakota Marketplace helps you cut through the noise and focus on what matters most.
For more information on these transactions and a deeper dive into their industries and sub-industries, book a demo of Dakota Marketplace.
