19 Feb 2026

Aldar Properties PJSC has launched The Wilds Residences, following the successful sellout of villas in its first phase, which generated AED 5 billion in sales. The company stated that strong demand from buyers supported the decision to move ahead with the new phase. The development aligns with Aldar's strategy of expanding master-planned residential communities in Abu Dhabi. The launch reflects continued confidence in the local housing market, where demand for well-designed villa communities has remained steady.Read more

19 Feb 2026

Milan's economy is forecast to grow faster in 2026, driven by an industrial rebound, strong services and the impact of hosting the Winter Olympics, according to Assolombarda. GDP growth is projected at 1.7 percent, up from 0.7 percent in 2025. The Games are expected to generate EUR 2.5 billion in production and over EUR 1 billion in value added locally. While tourism and investment are set to benefit, rising real estate costs remain a concern for residents amid continued urban transformation.Read more

19 Feb 2026

Arima Real Estate SOCIMI SA has signed a 15-year lease agreement with ICEX for the latter's new headquarters in Spain. The long-term contract strengthens Arima's rental income visibility and aligns with its focus on leasing office assets to institutional and public-sector tenants. ICEX, Spain's trade and investment promotion agency, will use the property as its consolidated headquarters. While financial details were not shared, the agreement highlights sustained demand for quality office space from government-linked organisations.Read more

19 Feb 2026

Sirius Real Estate Ltd, a London and Johannesburg listed property investor, has completed a capital raise by issuing around 75.49 million new shares at 102.0 pence each, generating gross proceeds of about GBP 77 million. The new shares account for roughly 5% of the company's existing share capital prior to the raise, and directors also subscribed for about GBP 100,000 collectively. Sirius plans to use these funds to finance two acquisition opportunities in Germany, with a focus on defence related assets valued at approximately130 million. The new shares are expected to be admitted to trading on the London Stock Exchange and JSE later this week.Read more

19 Feb 2026

Prisma Properties reported a rise in rental income for the fourth quarter, driven by stronger leasing performance across its portfolio. Net operating income also grew, supported by stable occupancy and effective cost control. Earnings from property management remained positive, and overall property values showed a modest increase. Net profit for the quarter reflected solid underlying results, although the board has opted not to recommend a dividend for the coming year. The company's performance marks a continuation of operational resilience amid mixed market conditions in the broader real estate sector.Read more

19 Feb 2026

Dangote Group has entered a USD 400 million equipment deal with China's XCMG to accelerate the expansion of its oil refinery to 1.4 million barrels per day. The agreement provides new heavy machinery for projects in refining, petrochemicals, agriculture, and infrastructure. The refinery's expansion will boost polypropylene to 2.4 million tons per year, triple Nigeria's urea production to 9 million tons annually, and increase linear alkyl benzene output to 400,000 tons. The move supports Dangote's strategic goal of becoming a USD 100 billion company by 2030 while reducing Nigeria's dependence on imported fuel.Read more

18 Feb 2026

Tamdeen Real Estate has started its latest project, The Farm, in the Sabah Al Salem area of Kuwait, under the Tamdeen Shopping Center brand. Construction costs are estimated at nearly KWD 12 million, while the total project investment, including land, is around KWD 40 million. The project continues Tamdeen's strategy of developing modern retail and mixed-use spaces in strategic locations across Kuwait. With a track record of successful commercial developments, The Farm is expected to enhance shopping and leisure options in the area and strengthen the company's position in the local real estate sector.Read more

18 Feb 2026

A unit of Red Sea International Company agreed to undertake a significant subcontract for mechanical, electrical, and plumbing (MEP) works along with related civil construction in a project based in Riyadh City. The deal, valued at SAR 175.9 million (excluding VAT), covers engineering, supply, installation, testing, commissioning and handover. The contract spans about 30 months and was signed with Modern Building Leaders. This builds on the subsidiary's track record as a leading MEP contractor in Saudi Arabia, contributing to future revenues and profits.Read more

18 Feb 2026

U.S.-based real estate investment manager Kennedy-Wilson has agreed to be taken private in a deal valued at about USD 1.5 billion by a consortium led by its Chief Executive Officer William McMorrow and Canada's Fairfax Financial Holdings. The group will acquire all outstanding shares for USD 10.90 per share in cash, an improved offer from the earlier USD 10.25 proposal made in November. The revised bid represents a 10.2 per cent premium to the stock's last closing price. Shares of Kennedy-Wilson rose about 10 per cent in premarket trading following the announcement. The transaction is expected to close in the second quarter of 2026, after which Fairfax will hold a majority economic interest, while the CEO-led management group will retain operational control.Read more

18 Feb 2026

New Zealand's housing market recorded a mild pullback in January, with seasonally adjusted home prices slipping 1.2 percent from the previous month, according to the Real Estate Institute of New Zealand. Annual prices remained slightly higher, up 0.4 percent, showing relative stability. Home sales declined nearly 9 percent from December and were marginally lower than a year earlier. The slowdown was attributed to the summer holiday period and severe weather in parts of the North Island, with market confidence recovering slowly rather than accelerating.Read more