7 hours ago

Turkey-based Emlak Konut Gayrimenkul Yatirim Ortakligi has signed an agreement for a revenue-sharing project involving land sale in Istanbul. Under the agreement, the real estate investment trust will have a share of INR equivalent to 2.7 billion Turkish lira in the project’s revenue. The deal adds to Emlak Konut’s use of revenue-sharing arrangements for property development, a model that has remained an important part of its business. The company is one of Turkey’s largest real estate investment trusts and has developed residential and commercial projects across the country.Read more

13 hours ago

PPI Public Property Invest AB has established a commercial paper programme with a framework amount of SEK 5 billion to support its existing funding structure. The programme allows the Nordic real estate company to issue commercial papers in SEK and EUR with maturities of up to 12 months. Alongside setting up the programme, PPI completed its first issuance, comprising SEK 225 million and EUR 10 million, with maturities ranging from four to six months. The issue was significantly oversubscribed, indicating strong investor demand for the company’s short-term debt instruments.Read more

16 hours ago

The cricket competition at the 2026 Asian Games in Japan is facing concerns over the readiness of its venue and accommodation ahead of the tournament. Participating boards, including Pakistan, have questioned the recently laid and relatively untested pitch at Korogi Sports Park, converted from a baseball field, along with limited dressing-room facilities and small hotel rooms. The Pakistan Cricket Board raised the issue at an Asian Cricket Council meeting, following which the BCCI also approached Indian Olympic Association and Asian Games organisers. India’s men’s and women’s teams are scheduled to enter from the quarter-final stage.Read more

29 Aug 2026

South African property company Putprop has entered into a lease renewal addendum with Larimar Properties Proprietary Limited, extending its existing rental arrangement. Under the renewed agreement, the maximum rental income available to Putprop will be R3.78 million, excluding VAT. The agreement relates to an existing property lease and provides for continued rental income from the tenant. The company disclosed the arrangement as part of its latest regulatory update, although it did not provide further details on the property, lease period or specific terms of the renewed agreement.Read more

28 Aug 2026

Private home prices in Hong Kong fell 0.5% in July, marking their first monthly decline in 16 months, according to data from the Rating and Valuation Department. The decline followed a revised 0.2% increase in June, although prices remained 7.3% higher during the first seven months of the year and 12.8% above their March 2025 low. Realtors expect the market to undergo a short period of consolidation as buying activity faces pressure from a correction in stock markets and tighter curbs by China on outbound investment.Read more

28 Aug 2026

Aroundtown, one of Germany’s largest listed landlords, reported a 62% decline in net profit for the first half of 2026 as falling German commercial property prices affected its valuation results. Net profit stood at EUR 218 million, compared with the previous year, while higher financing costs also weighed on earnings. Funds from operations (FFO I), a key measure of operating performance for real estate companies, declined to EUR 144 million from EUR 150 million. Despite the weaker profit, Aroundtown retained its full-year FFO I guidance of EUR 275 million to EUR 305 million.Read more

28 Aug 2026

Ryman Hospitality Properties has completed a private placement of USD 700 million of 6.250% senior unsecured notes due 2035. The notes were issued by subsidiaries RHP Hotel Properties and RHP Finance Corporation and are guaranteed by the company and certain subsidiaries. The offering is expected to generate about USD 689 million in net proceeds after expenses. The financing is part of Ryman’s plans to fund its approximately USD 1.38 billion acquisition of the JW Marriott Orlando Grande Lakes and The Ritz-Carlton Orlando, Grande Lakes.Read more

28 Aug 2026

Apple supplier Largan Precision has acquired a property in central Taiwan for TWD 3.08 billion, equivalent to about USD 96.8 million. The purchase adds to the company’s property holdings in Taichung as it expands its manufacturing operations. Largan Precision is a major producer of optical lenses and supplies components to smartphone makers, including Apple. The acquisition comes as the company looks to expand its production capabilities and develop products for growing demand in areas beyond its traditional smartphone camera lens business.Read more

28 Aug 2026

Australian property developer Ingenia Communities Group has offered to acquire all shares of residential developer Peet in a deal valuing the company at AUD 992.5 million (USD 710.93 million). Under the proposal, Peet shareholders would receive AUD 0.68 in cash and 0.3367 Ingenia stapled securities for each share, implying a value of AUD 2.12 per share. The offer represents a 17.1% premium to Peet’s last closing price before its shares entered a trading halt. Peet’s board has unanimously recommended the proposal, subject to there being no superior offer.Read more

28 Aug 2026

A Hong Kong court has rejected PwC International’s request to be removed from a legal claim brought by the liquidators of China Evergrande Group. The liquidators are seeking 57 billion yuan (USD 8.48 billion) in damages from PwC International, PwC Hong Kong and PwC’s China arm over alleged negligence in auditing Evergrande. The court said PwC International owed a duty of care to Evergrande and that the case should proceed to trial, allowing further document discovery and questioning. PwC International disagreed with the decision and said it was reviewing its legal options.Read more