24 Mar 2026

Janus Living, a senior housing-focused real estate investment trust, has raised USD 840 million through an upsized initial public offering in the United States after pricing shares at the top end of the indicated range. The company sold 42 million shares at USD 20 each, exceeding its initial plan of 37 million shares. Carved out from Healthpeak Properties, the REIT operates 34 senior living communities across 10 states, with a concentration in Florida and Texas. Healthpeak will retain a controlling stake post-listing. The offering comes amid volatile market conditions, highlighting continued investor interest in senior housing assets driven by demographic demand in ageing populations.Read more

23 Mar 2026

Zenlayer has introduced its Fabric Port service in Singapore, aiming to simplify how enterprises connect and expand their digital infrastructure globally. The service acts as a single access point, allowing businesses to create virtual connections to cloud platforms, data centres, internet exchanges, and network providers. With support for speeds up to 400 Gbps, it is designed to meet the needs of distributed AI infrastructure requiring fast and reliable connectivity. Singapore has been chosen as the first launch market due to its role as a key global interconnection hub, with plans to expand to other major regions.Read more

23 Mar 2026

Singapore's High Court has dismissed applications by Standard Chartered Bank (Singapore) and BSI Bank to participate in winding-up proceedings involving entities linked to the 1Malaysia Development Berhad (1MDB) case. The court ruled that the banks did not have legal standing in four cases initiated by British Virgin Islands-based companies in liquidation, including entities holding real estate-related assets. The proceedings are part of efforts to recover funds allegedly misappropriated from the Malaysian sovereign wealth fund. The ruling follows an earlier decision rejecting attempts by liquidators to pursue claims against the banks in Singapore, reinforcing legal limits on participation in cross-border insolvency matters.Read more

23 Mar 2026

Australian superannuation fund Rest has committed up to USD 250 million (approximately INR 2,075 crore) to a US retail property fund managed by Nuveen Real Estate, signalling continued institutional interest in stable, income-generating assets. The investment will be directed towards the US Cities Retail Fund (USCRF), which focuses on neighbourhood shopping centres anchored by grocery and essential retail tenants across major metropolitan markets. The fund currently holds 10 assets, with additional properties being added to its portfolio. Rest expects the investment to deliver steady, risk-adjusted returns while enhancing diversification within its global real estate holdings. The move comes amid resilient consumer spending trends in the United States, supporting demand for necessity-driven retail formats.Read more

23 Mar 2026

Vonovia, Germany's largest residential real estate group, reported a return to profitability in 2025 after several years of losses driven by a prolonged property downturn. The company recorded a net profit of EUR 4.19 billion in 2025 compared to a loss of EUR 962.3 million in the previous year. This marks a turnaround following three consecutive years of negative results. The management indicated that it will maintain its financial guidance for 2026 and its outlook for 2028, while also acknowledging ongoing pressure from higher financing costs.Read more

23 Mar 2026

Besqab AB has completed the sale of the final apartment in its Lilla Hll residential project located in Hgersten. The development, which was launched as part of the company's housing portfolio in Sweden, has now reached full absorption with all units sold. The announcement reflects the company's steady progress in executing its residential projects and aligning supply with market demand. The sale marks the closure of this specific project, indicating successful completion of its planned residential offering without remaining inventory.Read more

23 Mar 2026

Kenya is set to restart a multi-billion-dollar extension of the Kenya Standard Gauge Railway that had remained stalled for more than six years after initial financing from China slowed down. The earlier phase connecting Mombasa to Nairobi was completed in 2017, but further expansion toward Rift Valley was delayed due to funding gaps. The new phase is being supported through securitisation of railway revenues and continued participation of Chinese firms, including the China Road and Bridge Corporation, reflecting a shift in financing strategy.Read more

23 Mar 2026

Compass, a major residential real estate brokerage in the United States, has withdrawn its antitrust lawsuit against Zillow, one of the country's leading online property listing platforms. The case had alleged that Zillow restricted the display of new home listings in a way that violated antitrust laws. A filing submitted in a Manhattan federal court confirmed that the case was dismissed without prejudice, meaning it could potentially be refiled later. No explanation was provided in the filing for the decision to discontinue the proceedings.Read more

22 Mar 2026

Dubai's residential real estate market is undergoing a structural shift, with established prime districts such as Dubai Marina, Business Bay, and Palm Jumeirah witnessing stabilised rental yields and slower capital appreciation. Average gross rental returns across the city have ranged between 5% and 8% in recent years, though mature locations are increasingly viewed as income-generating rather than growth-led markets. Investor interest is gradually moving towards emerging master-planned communities including Dubai Hills Estate, District One, and Mohammed Bin Rashid City, where controlled supply and end-user demand are supporting stronger performance. The shift reflects a more segmented and supply-driven market environment between 2024 and 2026.Read more

22 Mar 2026

New Zealand's economy recorded modest growth in the fourth quarter, but the expansion came in below both analyst and central bank expectations, reflecting continued uneven recovery. Official data from Statistics New Zealand showed quarterly GDP rising 0.2% and annual growth at 1.3%, both weaker than forecasts. The softer performance weighed on the New Zealand dollar, which declined in response to market interpretation that there was limited pressure on the Reserve Bank of New Zealand to tighten policy further in the near term.Read more