21 Jul 2026

Saudi Arabia's state-backed developer ROSHN Group is looking to bring in private investors for the Aramco Stadium, one of the venues for the 2034 FIFA World Cup, according to Reuters sources. The move comes as the kingdom looks to ease pressure on public finances while continuing to fund major infrastructure projects under Vision 2030. JPMorgan is reportedly managing the fundraising process, with a lease and leaseback structure being considered. The proposed deal is expected to unlock capital for ROSHN while giving investors a long-term revenue stream linked to the stadium.Read more

21 Jul 2026

Canada's housing construction activity slowed in June as new housing starts fell 6% from the previous month, according to the Canada Mortgage and Housing Corporation (CMHC). The annualized pace of construction came in below market expectations, reflecting a softer start to new residential projects. The latest data follows an upward revision to May's figures but indicates that homebuilding activity eased after a stronger previous month. The report comes as Canada's housing market continues to adjust to changing demand, financing costs, and supply conditions.Read more

21 Jul 2026

Single-family housing construction in the United States weakened in June as higher mortgage rates and elevated inventories of unsold homes continued to weigh on residential development. Data released by the US Census Bureau showed that single-family housing starts and building permits both declined during the month, while overall housing starts increased due to a sharp rise in multi-family construction. Homebuilder sentiment also remained subdued, with developers citing higher financing costs, economic uncertainty, rising material prices and expensive land. Although recent housing legislation aims to improve affordability and accelerate project approvals, industry participants expect its impact to take time to materialise.Read more

21 Jul 2026

Consumer spending in the US remained positive but slowed during the past month as households continued to manage higher living costs and economic uncertainty. Retail sales posted modest growth compared with the previous month, while online shopping and spending on sporting goods remained strong. Cooling inflation and lower fuel prices offered some relief, but consumers continued to prioritise essential purchases over discretionary spending. The latest data also comes as retailers prepare to announce quarterly earnings, which are expected to provide a clearer picture of shopping trends in the coming months.Read more

21 Jul 2026

Dallas-based data centre provider Csquare has raised USD 1.05 billion through its US initial public offering, reflecting continued investor interest in companies linked to artificial intelligence infrastructure. The company sold 50 million shares at USD 21 each, valuing it at approximately USD 3.25 billion. Csquare operates 64 data centre sites across 21 metropolitan markets in North America and the UK. The proceeds will be used to repay debt and cover offering-related expenses as its shares begin trading on the New York Stock Exchange.Read more

21 Jul 2026

Wereldhave Belgium reported a strong financial performance for the first half of 2026, with net rental income rising 18.9% year-on-year to EUR 43.6 million. The company maintained its full-year earnings guidance and continued to expect net results from core activities in the range of EUR 5.20 to EUR 5.30 per share. While the portfolio remained well occupied with an EPRA occupancy rate of 96.7%, it saw a slight decline from the previous period. Net asset value per share also eased during the half year, reflecting portfolio valuation movements despite continued operational growth.Read more

20 Jul 2026

Supermarket Income REIT has launched a retail share offer, allowing eligible investors in the UK to participate with a minimum investment of GBP 250. The offer is being conducted alongside institutional fundraising and forms part of the company's broader capital-raising exercise. The proceeds are expected to support the acquisition of supermarket assets across the UK, strengthening its grocery-focused real estate portfolio. The retail offer is available through the RetailBook platform and remains subject to shareholder approval and regulatory requirements before the new shares are admitted to trading.Read more

20 Jul 2026

Hatten Land Ltd has received approval from the Singapore High Court for its proposed Scheme of Arrangement with creditors, marking an important step in the company's debt restructuring process. The court's approval allows the developer to move ahead with implementing the scheme in accordance with Singapore's restructuring framework. A Scheme of Arrangement is a court-supervised process that enables financially stressed companies to restructure their liabilities while continuing operations. The approval follows the company's efforts to reorganise its financial obligations and work towards long-term stability.Read more

20 Jul 2026

National Real Estate Company KPSC has approved the execution of a memorandum of understanding (MoU) for the sale of two land plots in Abu Dhabi. The proposed transaction has a total purchase consideration of AED 400 million and marks a significant asset monetisation move by the Kuwait-based real estate company. While the company has not disclosed details such as the buyer, the exact location of the land plots or the expected completion timeline, the deal is subject to the execution of the MoU and any required approvals.Read more

20 Jul 2026

A landslide in Pengshui county of Chongqing in south-western China has claimed eight lives, while 34 people remain missing despite ongoing search and rescue operations. The incident occurred during the evacuation of residents after local authorities detected signs of slope instability. The landslide destroyed several residential buildings and forced the evacuation of more than 1,000 people from surrounding areas. Chinese President Xi Jinping has directed authorities to intensify rescue efforts and investigate the cause of the disaster. Emergency response teams, firefighters and rescue personnel have been deployed as operations continue.Read more