17 Mar 2026

Sweden-based Prisma Properties AB has acquired a retail property in Lahti, Finland, as part of its strategy to strengthen its presence in the Nordic discount retail segment. The acquisition was completed at a property value of about EUR 9.6 million. The asset is fully leased on long-term agreements with a lease duration of around 11 years and generates an annual rental income of about EUR 750,000. The deal aligns with the company's focus on investing in retail properties anchored by discount operators across the Nordic region. The acquisition further expands Prisma's portfolio in Finland, a market where the company has been gradually increasing its investments.Read more

17 Mar 2026

Major homebuilders in the United Kingdom have raised concerns that the ongoing conflict involving Iran could further strain the housing market, which is already facing weak demand and affordability challenges. Rising oil and energy prices are expected to increase the cost of construction materials, while higher mortgage rates may make it harder for buyers to purchase homes. Developers such as Berkeley Group, Vistry, Persimmon, Taylor Wimpey, and Barratt Redrow have highlighted risks to demand, profitability, and construction costs. Although some indicators show early recovery in sales enquiries, geopolitical tensions and economic uncertainty continue to affect the sector's outlook.Read more

17 Mar 2026

Chinese property developer Fantasia Holdings has presented detailed terms of its offshore debt restructuring as it attempts to address about USD 4.66 billion in liabilities. The Shenzhen-based firm plans to settle creditor claims through a mix of new equity, mandatory convertible bonds and long-term secured notes. The proposal also includes conversion of a shareholder loan into equity and a fresh loan injection from its controlling shareholder. Fantasia had defaulted during the wider crisis in China's real estate sector in 2021. The restructuring plan forms part of ongoing efforts by several Chinese developers to stabilise finances and reach agreements with creditors.Read more

17 Mar 2026

Dar Al Majid Real Estate Company has increased its credit facility to SAR 684.5 million to support the expansion of its real estate business and the development of upcoming projects. The additional funding is expected to strengthen the company's financial capacity and help accelerate construction and project delivery. The move reflects the developer's focus on expanding its project pipeline and meeting growing demand in the property sector. Companies in the region have increasingly been using credit facilities and bank financing to support development activity, particularly as real estate markets in Saudi Arabia continue to see investment and infrastructure growth.Read more

17 Mar 2026

The administration of Donald Trump has introduced two executive orders aimed at improving housing affordability in the United States by reducing regulatory barriers in residential construction and reviewing rules affecting mortgage lending. The measures are intended to address high home prices and elevated mortgage rates that have made homeownership difficult for many buyers, particularly first-time purchasers. Federal agencies have been directed to review permitting, environmental requirements, and lending rules that may slow housing supply or restrict credit. The move forms part of the government's broader economic agenda as political attention on housing affordability increases ahead of the midterm elections.Read more

16 Mar 2026

Asas Makeen Real Estate Development and Investment Co has entered into a development agreement with Awa'id Al-Hada Co to build a residential villas project in the Al-Hada district of Riyadh. The contract is valued at SAR 63.1 million. Under the agreement, Asas Makeen will act as the project's real estate developer and will oversee the planning, management, and execution of development works. The partnership reflects continued residential development activity in Riyadh as the Saudi capital expands housing supply amid population growth and urban expansion driven by the country's broader economic diversification plans.Read more

16 Mar 2026

New Zealand's housing market recorded moderate price growth recently, with the median home price rising on a monthly and annual basis, according to data released by the Real Estate Institute of New Zealand. Sales activity also increased compared to the previous month, although annual growth remained marginal. Major regions such as Auckland saw their strongest February sales levels in about five years. Despite stable demand, homes are taking longer to sell as buyers and sellers wait for favourable prices. Market observers are also watching interest rate trends and global developments that could affect buyer confidence.Read more

16 Mar 2026

Texton Property Fund Ltd recorded a 31.06% decline in half-year headline earnings per share, bringing EPS down to 7.09 cents for the six months ended December 2025. The board chose not to declare an interim dividend, continuing its cautious financial strategy. Market pressures, including slower leasing activity and higher interest rates, have constrained rental income growth, affecting profitability. The company's approach reflects ongoing efforts to maintain liquidity and a strong balance sheet while navigating the challenges of the property sector, focusing on long-term stability rather than short-term payouts.Read more

16 Mar 2026

Stratus Properties Inc has decided to move ahead with a plan to sell its assets and distribute the net proceeds to shareholders after completing a review of strategic alternatives. The decision was announced by the company's board of directors after evaluating various possible options for the business. As part of the process, the company intends to complete the sale of its assets and finalize liquidating distributions. It will also seek the necessary consents to proceed with the plan. The move signals a shift toward winding down operations while returning value to stockholders.Read more

16 Mar 2026

UK-based real estate services firm Savills has announced plans to acquire US real estate investment bank Eastdil Secured in a deal valued at about USD 1.1 billion, including debt. The move is aimed at strengthening Savills presence in North America, a key global property market. Eastdil Secured derives most of its revenue from the region while also maintaining operations across Europe and Asia Pacific. Savills expects the acquisition to improve earnings per share by the late decade and generate annual revenue synergies of at least GBP 60 million. The deal will involve debt financing and issuance of new Savills shares.Read more