25 minutes ago

Thailand’s government has decided to extend reduced ownership transfer and mortgage registration fees for another year in an effort to support the country's struggling property sector. The concession, which lowers both fees to 0.01% for eligible residential properties, will now remain in effect until June 2027. The move is aimed at encouraging home purchases, easing financial pressure on buyers, and helping revive demand in the real estate market, which continues to face challenges from weak economic conditions and slower property transactions.Read more

3 hours ago

Curbline Properties has priced an underwritten public offering of 10 million common shares, expected to generate gross proceeds of around USD 308.5 million before expenses. The offering has been structured through forward sale agreements with major financial institutions and is scheduled to close on July 1, subject to customary conditions. The REIT plans to use the proceeds received upon settlement for general corporate purposes, including property acquisitions, working capital, capital expenditure and debt repayment, as it continues to expand its convenience shopping centre portfolio.Read more

5 hours ago

American Overseas Group reported a decline in its first-quarter net income as lower net earned property and casualty premiums and higher operating expenses weighed on its financial performance. While gross written premiums and fee income increased during the quarter, the fall in earned premiums impacted overall earnings. The company also continued its capital management strategy by reducing outstanding debt by USD 3.4 million. Looking ahead, American Overseas Group said it intends to further lower its leverage unless more attractive capital allocation opportunities arise.Read more

7 hours ago

Swiss healthcare real estate company Infracore has finalized the pricing of its initial public offering (IPO) at 54 Swiss francs per share, valuing the company at around USD 1 billion. The listing is expected to begin on or around July 9 on the Swiss stock exchange. The company plans to raise approximately 200 million Swiss francs, with the proceeds to be used for acquiring additional hospital properties and repaying shareholder loans. Majority shareholder Medical Properties Trust may sell additional shares if investor demand exceeds the shares being offered.Read more

9 hours ago

Barclays has acquired a 999-year lease for its global headquarters at One Churchill Place in London's Canary Wharf for GBP 750 million (USD 992.8 million), strengthening its long-term presence in the financial district. The transaction extends the bank's control of the property well beyond the expiry of its existing lease in 2039 and is expected to have a broadly neutral impact on its capital ratio and earnings. The move also reflects improving confidence in Canary Wharf, where office leasing activity has picked up after a prolonged slowdown following the pandemic.Read more

14 hours ago

Al-Mazaya Holding Company has taken another step towards its proposed merger with Waterfront Real Estate after its board approved the fair valuation report prepared by the appointed asset valuer and investment adviser. The board also decided to proceed with the merger by completing the required procedures and taking all necessary actions. The latest development follows the companies' preliminary agreement announced last year to study a merger by amalgamation, with Al-Mazaya expected to remain the merging entity and Waterfront Real Estate the merged company.Read more

01 Jul 2026

Engineers and construction experts have raised concerns over poor construction practices, weak enforcement of building regulations and unstable ground conditions following the devastating earthquakes in Venezuela that killed at least 1,719 people. They have urged the government to immediately inspect public housing projects that remain standing to prevent further risks. While authorities have announced a commission to evaluate damaged buildings, experts say delayed assessments and long-standing issues in construction quality, maintenance and regulatory oversight may have worsened the disaster's impact.Read more

01 Jul 2026

PSP Swiss Property has sold its Richtipark commercial property in Wallisellen to La Foncière Urban Development for CHF 150 million, prompting the company to raise its 2026 EBITDA guidance. The revised forecast now stands at CHF 335 million, up from CHF 310 million, excluding gains and losses on real estate investments. The company has also agreed on potential earn-out payments of up to CHF 24.75 million in the coming years. Despite the transaction, PSP Swiss Property maintained its year-end 2026 vacancy forecast at 3.5%, indicating confidence in the performance of its remaining real estate portfolio.Read more

01 Jul 2026

Stratus Properties Inc. has completed the sale of the retail component of its Jones Crossing mixed-use development for USD 46.5 million in cash, marking another step in the company's ongoing asset monetisation strategy. The transaction generated approximately USD 21.7 million in pre-tax net cash proceeds after selling costs and repayment of the project loan. The sale is part of Stratus' previously approved plan to liquidate its assets and distribute the net proceeds to shareholders. Jones Crossing is located in College Station, Texas, and is anchored by grocery retailer H-E-B within a mixed-use development.Read more

01 Jul 2026

Bridgepoint Group is in advanced discussions to acquire Kayne Anderson Real Estate, marking a significant step in the UK-based private capital firm's expansion into the US real estate investment market. While the company has not disclosed financial terms, reports indicate the transaction could strengthen Bridgepoint's presence in property investments and lending by adding a real estate platform with around USD 22 billion in assets under management. The deal is expected to support Bridgepoint's broader strategy of expanding its private markets business through acquisitions, subject to final negotiations and regulatory approvals.Read more