24 Feb 2026

The Trump Organization is set to enter the Australian market with a 91-storey skyscraper on the Gold Coast, valued at AUD1.5 billion (USD 1.06 billion). The project, which will feature a six-star resort-hotel, 270 apartments, retail spaces, a beach club, and a swimming pool, marks the brand's first hotel venture in the country. Local developer Altus Property Group has been pursuing the project for nearly 20 years, and construction will be Australian-owned and built while meeting Trump Organization standards. Apartments are expected to start at AUD5 million.Read more

24 Feb 2026

OUE Real Estate Investment Trust has initiated a market interest assessment for One Raffles Place in partnership with United Overseas Bank. The move indicates that the REIT is exploring potential investor appetite for the prime commercial asset in Singapore's central business district. While no transaction has been confirmed, the exercise signals a possible strategic review of the property. One Raffles Place is one of Singapore's well-known Grade A office developments, and any potential divestment could be significant for OUE REIT's portfolio positioning and capital management strategy.Read more

24 Feb 2026

Building permits for housing construction in Germany rebounded in 2025 after earlier declines, official data from the Federal Statistical Office of Germany (Destatis) shows. The recovery was led by a rise in approvals for apartments in multi-unit buildings, which offset weaker activity in the single-family homes segment. In calendar-adjusted terms, total residential construction permits climbed by double-digit percentages compared with the previous year, signalling renewed confidence among developers and a potential uptick in future construction activity. The increase in multi-unit approvals was particularly evident in urban regions grappling with housing shortages, driving stronger investment planning for higher-density residential projects. Destatis noted that the rebound followed a period of weakness tied to elevated borrowing costs and supply chain pressures, and reflects stabilising market conditions that could support a pick-up in housing starts.Read more

24 Feb 2026

In the United States, new single-family home construction rebounded in January even as overall residential building permits recorded a decline, according to official data from the US Census Bureau and the Department of Housing and Urban Development. Groundbreaking on single-family dwellings increased compared with December, buoyed by solid demand and improving builder confidence, while total housing permits which indicate future construction activity fell modestly for the second straight month. Multifamily starts also softened, reflecting mixed momentum across segments. Economists noted that supply chain improvements and steady labour conditions have supported immediate construction, but permitting delays, rising interest rates and cost pressures may be weighing on future project planning. The divergence between starts and permits suggests that builders are progressing existing projects even as caution in new approvals persists.Read more

23 Feb 2026

The Czech National Bank (CNB) may have scope to reduce its key interest rate by a further 25 basis points if price growth in services and the real estate sector starts to moderate, according to Vice Governor Eva Zamrazilova in a recent interview with MF Dnes. She explained that the drop in consumer inflation to around 1.6% earlier this year was largely due to a budgetary shift in renewable energy payments and lower fuel prices, but pointed out that core inflation, driven by services, remained above target. Zamrazilova's comments come against a backdrop of cautious monetary policy after a long cycle of cuts that brought the two week repo rate down to about 3.50%. The future path of rates will depend on how persistent inflationary pressures prove, especially outside energy and goods categories.Read more

23 Feb 2026

Swedish real estate firm Castellum AB agreed earlier this week to sell a portfolio of nine public sector properties to Sweden's fund AP7 for SEK 5.6 billion (approximately INR 50,000 Cr). The properties, mainly serving judicial and government functions and spanning about 110,000 sqm, are fully leased with an average contract term of around 11 years and a 100 percent occupancy rate. The sale price slightly exceeds the properties recorded value at the end of 2025, and Castellum expects a total net earnings impact of roughly SEK 750 million from the transaction. Closing is scheduled around late April 2026, subject to regulatory and tenant approvals.Read more

23 Feb 2026

Kalleback Property Invest AB has proposed a dividend of SEK 12 per share for 2025, following stable financial performance in the second half of the year. Rental income rose to SEK 46,189 thousand, while property management profit held steady at SEK 29,297 thousand. The results indicate consistent operational efficiency and a focus on long-term value for shareholders, with dividends reflecting confidence in the company's financial stability and steady growth trajectory.Read more

23 Feb 2026

Austal has been awarded a AUD 4 billion (USD 2.82 billion) government contract to build eight landing craft heavy vessels, marking its second major defence contract under Australia's Strategic Shipbuilding Agreement. The contract, which complements its previous AUD 1.03 billion Landing Craft Medium project, strengthens the company's long-term order book and supply chain. Shares surged over 5% following the announcement. Austal Defence Shipbuilding Australia will lead construction, scheduled to begin this year, with final delivery expected in 2038. The company's U.S. unit is simultaneously producing landing craft for the U.S. Navy.Read more

23 Feb 2026

Aldar Properties has issued USD 1 billion in hybrid notes to Apollo, using the proceeds as equity to raise its ownership in Aldar Investment Properties (AIP) to 90%. This strategic move consolidates Aldar's investment control, aligns with its expansion goals, and demonstrates strong investor confidence. Hybrid financing allows the company to balance debt and equity efficiently, while securing a majority stake in a key property platform. The deal also positions Aldar to capitalize on future growth and development opportunities within its investment portfolio.Read more

23 Feb 2026

Spanish authorities have confirmed that architect Antoni Gaudi designed the Xalet del Catllaras, a mountain shelter built between 1901 and 1908 in Catalonia. The three-storey structure was constructed for workers at a cement factory owned by Gaudi's patron, Eusebi Guell. A 2023 expert study identified signature design elements, including distinctive arches, vaults and 45-degree wall angles linked to Gaudi's mid-career style. The analysis used historical records and 3D modelling to verify authorship. The confirmation officially adds the remote forest building to Gaudi's recognised works, ahead of events marking the centenary of his death in 2026.Read more