18 Mar 2026

Samty Residential Investment Corporation reported improved financial performance for the six-month period ending late January this year, with both revenue and net profit rising compared to the previous period. Revenue increased to JPY 7,106 million, while net income saw a significant jump to JPY 3,268 million. The company also reported higher distributions to investors. Despite earlier declines reflected in prior results and forecasts, the latest figures indicate a recovery in performance. The outlook for upcoming periods remains stable, with moderate expectations for revenue and profit, suggesting a cautious but steady trajectory for the residential REIT.Read more

18 Mar 2026

Go Residential Real Estate Investment Trust has entered into agreements to acquire two residential properties in New York 7 Dey Street and 409 Eastern Parkway for a total value of USD 439.6 million. The company indicated that the acquisitions are expected to be accretive to its annualized adjusted funds from operations per unit in the mid-single-digit range. Alongside the transaction, the REIT has also announced a concurrent trust unit offering and private placement to support funding. The move reflects continued interest among global REITs in stable rental housing assets in key urban markets.Read more

18 Mar 2026

Ares Commercial Real Estate Corp has amended its secured revolving funding facility to extend its maturity to the end of 2026, according to a recent regulatory filing. The move reflects the company's effort to strengthen its liquidity position and ensure continued access to capital amid evolving market conditions. Such extensions are typically aimed at improving financial flexibility and managing refinancing risks. The development comes at a time when real estate financing globally is seeing cautious lender sentiment, making long-term funding arrangements important for stability and ongoing operations.Read more

18 Mar 2026

Citigroup has appointed Indran Thana as managing director and head of real estate for its investment banking business in the ASEAN region. Based in Singapore, Thana is expected to assume the role in June 2026. He joins from UBS, where he led the real estate, lodging and leisure sector across Asia. With earlier experience at DBS Bank, Maybank Investment Bank and Amanah Capital, Thana brings long-standing regional sector expertise. In his new role, he will report to Matthew Nimtz with a matrix reporting line to Ben Connolly, strengthening Citi's real estate advisory presence in ASEAN.Read more

17 Mar 2026

Acrophyte Hospitality Trust has terminated the proposed sale of the Hyatt Place Memphis Primacy Parkway property in the United States. The decision marks a change in the trust's earlier plan to divest the hotel asset as part of its portfolio management strategy. While the company had previously explored selling the property, the transaction will no longer move forward. Acrophyte Hospitality Trust, listed in Singapore, continues to review opportunities to manage and optimise its hospitality assets across markets. The development reflects the trust's ongoing approach to evaluating its portfolio and adjusting plans depending on market conditions and strategic priorities.Read more

17 Mar 2026

Stoneweg Europe Stapled Trust has acquired a freehold temperature-controlled logistics facility in the Netherlands for EUR 35 million through its manager, Stoneweg EREIT Management. The acquisition strengthens the trust�s logistics and cold-chain portfolio in Europe, where demand for specialised storage linked to food, pharmaceuticals and e-commerce continues to grow. Temperature-controlled logistics assets are considered a resilient segment due to stable tenant demand and long-term lease structures. The deal forms part of the trust�s broader strategy to expand its European logistics platform and enhance income-generating assets within its portfolio.Read more

17 Mar 2026

China's housing market remained under pressure as new home prices continued to decline in February, reflecting the prolonged stress in the country's property sector. Official data showed prices fell both annually and monthly, while most cities recorded declines. Although some top-tier cities such as Beijing and Shanghai showed slight improvement, demand remained weak in many lower-tier markets due to high inventory and slow economic sentiment. The downturn, which began after stricter borrowing rules for developers, continues to affect consumer confidence and economic activity. Policymakers are focusing on stabilising the sector through structural reforms rather than returning to debt-led growth.Read more

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