22 Nov 2025

Agree Realty Corporation announced that it has completed a USD 350 million unsecured delayed-draw term loan with a maturity of 5.5 years. The loan includes a 12-month window for drawing funds and an accordion feature allowing an increase to USD 500 million. The company also put in place USD 350 million of forward-starting swaps to lock its borrowing cost at 4.02 %. Alongside this, Agree amended its existing USD 1.25 billion revolving credit facility and another term loan to align terms and remove the SOFR spread adjustment, strengthening its overall funding structure.Read more

22 Nov 2025

New market data highlights how Dubai's rental market is shaped by its multicultural population, with more than 200 nationalities choosing neighbourhoods that match their lifestyle, culture and budgets. The analysis by fam Properties, supported by DXBinteract data, shows clear demographic patterns across 10 major residential areas, ranging from South Asian-majority zones like Al Warsan First and Jebel Ali First to European-preferred locations such as Jumeirah First, Al Wasl and Dubai Creek Harbour. Indian and British nationals remain the most widespread groups across the city, while Lebanese and Egyptians are the most prominent Arab expatriate tenants.Read more

22 Nov 2025

American Strategic Investment reported a decline in its third-quarter revenue, mainly because it had sold the 9 Times Square property in the previous year, which reduced recurring income. Despite this drop, the company recorded a higher net income of USD 35.75 million, largely driven by a non-cash gain linked to the disposition of 1140 Avenue of the Americas. Adjusted EBITDA also fell to USD 1.9 million from USD 4.2 million a year earlier. The company did not issue financial guidance for upcoming quarters. The results reflect the impact of its recent portfolio changes and foreclosure strategy.Read more

22 Nov 2025

Dream Residential REIT confirmed the completion of its acquisition by an affiliate of Morgan Properties in an all-cash deal valued at approximately USD 354 million. Unitholders will receive USD 10.80 per unit, which includes a USD 3.40 special distribution and a USD 7.40 redemption amount. Following the closing, the REIT's units will be delisted from the Toronto Stock Exchange, and the trust will apply to cease reporting under Canadian securities laws. The transaction also ends its external asset-management agreements with subsidiaries of Dream Unlimited Corp. and Pauls Corp., marking a full ownership transfer.Read more

22 Nov 2025

Supermarket Income REIT plc has strengthened its joint venture with Blue Owl Capital through a GBP 196 million acquisition of ten omnichannel Asda supermarkets under a sale and leaseback agreement. SUPR will invest GBP 98 million, reflecting its 50 % share in the JV. The company has also agreed to transfer five of its existing assets, valued at GBP 232 million, into the JV before year-end, pending due diligence. The transaction includes new 25-year CPI-linked leases and will expand the JV portfolio, extend lease terms, and support SUPR's strategy of recycling capital into stronger-yielding assets.Read more

22 Nov 2025

Argosy Property reported a half-year net property income of NZD 61.2 million, reflecting stable performance across its industrial, office and retail assets for the period ending in late September. The company recently highlighted steady occupancy levels, continued progress on its green building strategy and a consistent focus on its long-term development pipeline. In the previous full financial year, Argosy had posted net property income of NZD 116.9 million and a net profit after tax of NZD 125.9 million, showing a recovery from the earlier year's loss.Read more

21 Nov 2025

Saudi luxury developer Dar Global, known for its partnership with The Trump Organization on several international projects, has indicated earlier this week that it intends to raise a substantial share of financing for its upcoming Trump International Hotel in the Maldives by offering blockchain-based tokens to U.S. retail investors. The company, which is listed in London and active across the Middle East, is in discussions with the U.S. Securities and Exchange Commission regarding the proposed tokenisation. Its CEO, Ziad El Chaar, noted that the plan was driven by the scale of the U.S. crypto investor market.Read more

21 Nov 2025

Zahraa Maadi Investment & Development is preparing for a significant shift in ownership as investors Ahmed Tarek Khalil and Mohamed Farouk Abdel Moneim have moved forward with a mandatory offer to acquire a 90% stake in the company at a price of EGP 6.95 per share. The development surfaced through regulatory disclosures and reflects ongoing consolidation activity in Egypt's real estate and investment sector. Zahraa Maadi, which has been active in residential and mixed-use developments for years, may see operational changes once the acquisition process progresses.Read more

21 Nov 2025

Britain's government announced earlier this week that planning applications for new homes located close to railway stations would receive an automatic go-ahead, provided they comply with defined criteria. The measure forms part of the Labour government's push to accelerate homebuilding and address persistent planning barriers. Although the administration has set a target of constructing 1.5 million homes before the next general election in 2029, official forecasts issued earlier this year indicated it was likely to fall short. The proposal also introduces stricter oversight on council rejections of large housing schemes.Read more

21 Nov 2025

JSW Infrastructure has partnered with Minerals Development Oman (MDO) to develop a new 27 million tonne per annum greenfield port in Oman with an investment of USD 419 million (about INR 3,730 crore). The project will be executed through a new special purpose vehicle where JSW Overseas FZE will hold 51% and MDO will hold 49%. The port will be developed in the Dhofar Governorate and is planned to begin commercial operations in the first half of 2029. It is intended to support bulk exports of limestone, gypsum and dolomite from MDO's mineral concessions.Read more