1 hour ago

Thailand-based hospitality and property development company Dusit International has signed an agreement with luxury real estate and hospitality developer Atmosphere to launch the Dusit Princess Rishikesh in Uttarakhand. The upper-midscale hotel will feature 300 rooms and is expected to open in 2031. The project marks another step in Dusit International’s expansion strategy in India, a market it views as offering strong long-term growth opportunities. The development is expected to strengthen Rishikesh’s hospitality landscape, which has been witnessing increasing demand from leisure, wellness and experiential travellers.Read more

3 hours ago

Sime Darby Property has launched a Shariah-compliant investment fund worth 1.25 billion ringgit (USD 307.7 million) to support the development and leasing of data centres, industrial facilities and logistics assets in Malaysia. The New Economy Venture fund achieved full capital commitments at its first close, backed by major institutional investors. The five-year fund has already secured two seed assets located in Elmina Business Park and the City of Elmina, representing about 85% of its target size. Construction has commenced on both projects, with completion scheduled for the second half of 2027.Read more

9 hours ago

UK homebuilder Bellway has reported a moderation in customer demand after a strong start to the spring selling season, as rising fuel and energy costs continue to pressure the housing sector. The company said higher construction expenses and softer buyer activity, driven partly by elevated mortgage rates, are creating a more challenging operating environment. Despite these headwinds, Bellway has maintained its full-year operating profit and housing delivery forecasts. The company also highlighted uncertainty surrounding global geopolitical developments and the domestic political landscape, which could influence market conditions in the months ahead.Read more

11 Jun 2026

Starhill Global REIT has announced the appointment of Tan Peck Mun Kemmy as its new chief executive officer and executive director. The leadership change comes as the real estate investment trust continues to manage and strengthen its portfolio across key markets. As CEO and executive director, Tan will be responsible for overseeing the REIT’s strategic direction, asset management initiatives and overall business operations. The appointment marks an important development for the trust as it focuses on long-term portfolio performance, operational efficiency and value creation for unitholders.Read more

11 Jun 2026

Alterra IOS has secured a USD 244 million loan from Blackstone Real Estate Debt Strategies to support the continued growth of its industrial outdoor storage (IOS) platform across the United States. The financing is expected to help the company strengthen its portfolio and pursue expansion opportunities in a sector that has witnessed rising investor interest due to increasing demand from logistics, transportation, construction and equipment-related businesses. The deal highlights the growing role of institutional capital in the industrial outdoor storage segment, which has emerged as a specialised asset class within the broader industrial real estate market.Read more

11 Jun 2026

Australian property and infrastructure investment manager Dexus has launched a strategic review of its infrastructure funds business acquired through the AMP Capital platform transaction completed in 2023. The review covers infrastructure assets worth AUD 7.3 billion under management and includes several key funds, such as the Dexus Diversified Infrastructure Trust and Australia Pacific Airports Fund vehicles. The move comes amid an ongoing legal dispute over the company's 27% stake in Melbourne and Launceston airports. Dexus has also temporarily stood down certain senior executives while assessing the implications of a recent court ruling related to the airport stake.Read more

11 Jun 2026

U.S.-based investment firm Castlelake is reportedly exploring a partnership with shipping and logistics giant MSC as it evaluates a potential takeover of British low-cost airline easyJet. The move is aimed at ensuring compliance with European Union ownership regulations if Castlelake proceeds with a formal offer. Reports suggest discussions are at an early stage, with MSC identified as a possible strategic partner due to its broad transportation and travel interests. A deal could create an integrated travel business spanning aviation, cruises, rail and holiday packages, expanding MSC's presence across the leisure travel sector.Read more

11 Jun 2026

A TPG-led investor group has acquired grocery-anchored retail real estate company ECHO Realty in a transaction valued at approximately USD 2 billion. The deal marks a significant investment in the retail property sector, particularly in grocery-anchored shopping centres, which have remained resilient amid changing consumer spending patterns and e-commerce growth. The acquisition strengthens TPG Real Estate’s presence in the retail real estate segment and reflects continued investor interest in income-generating retail assets backed by essential services. The transaction is among the notable real estate investment deals announced in the market recently.Read more

10 Jun 2026

Janus Henderson Group has announced plans to close and liquidate its Janus Henderson U.S. Real Estate ETF (JRE), marking the end of the fund’s operations. The asset manager said the ETF will stop accepting creation orders in August, with trading set to be halted shortly thereafter. Investors holding shares in the fund will receive liquidation proceeds following the completion of the process. The move comes as asset managers continue to review product offerings and streamline investment portfolios based on investor demand, assets under management and market conditions.Read more

10 Jun 2026

Riyad REIT has completed the sale of a property held through one of its international investments, Riyad International Real Estate (IV). Following the transaction, the fund's total proceeds from the investment have reached SAR 67 million. The fund manager stated that the disposal is expected to strengthen Riyad REIT's liquidity position and provide additional financial flexibility. The proceeds are planned to be deployed across several strategic initiatives aimed at supporting the fund's investment objectives. The transaction forms part of the fund's ongoing efforts to optimise its portfolio and manage capital efficiently.Read more