16 Mar 2026

Asas Makeen Real Estate Development and Investment Co has entered into a development agreement with Awa'id Al-Hada Co to build a residential villas project in the Al-Hada district of Riyadh. The contract is valued at SAR 63.1 million. Under the agreement, Asas Makeen will act as the project's real estate developer and will oversee the planning, management, and execution of development works. The partnership reflects continued residential development activity in Riyadh as the Saudi capital expands housing supply amid population growth and urban expansion driven by the country's broader economic diversification plans.Read more

16 Mar 2026

New Zealand's housing market recorded moderate price growth recently, with the median home price rising on a monthly and annual basis, according to data released by the Real Estate Institute of New Zealand. Sales activity also increased compared to the previous month, although annual growth remained marginal. Major regions such as Auckland saw their strongest February sales levels in about five years. Despite stable demand, homes are taking longer to sell as buyers and sellers wait for favourable prices. Market observers are also watching interest rate trends and global developments that could affect buyer confidence.Read more

16 Mar 2026

Texton Property Fund Ltd recorded a 31.06% decline in half-year headline earnings per share, bringing EPS down to 7.09 cents for the six months ended December 2025. The board chose not to declare an interim dividend, continuing its cautious financial strategy. Market pressures, including slower leasing activity and higher interest rates, have constrained rental income growth, affecting profitability. The company's approach reflects ongoing efforts to maintain liquidity and a strong balance sheet while navigating the challenges of the property sector, focusing on long-term stability rather than short-term payouts.Read more

16 Mar 2026

Stratus Properties Inc has decided to move ahead with a plan to sell its assets and distribute the net proceeds to shareholders after completing a review of strategic alternatives. The decision was announced by the company's board of directors after evaluating various possible options for the business. As part of the process, the company intends to complete the sale of its assets and finalize liquidating distributions. It will also seek the necessary consents to proceed with the plan. The move signals a shift toward winding down operations while returning value to stockholders.Read more

16 Mar 2026

UK-based real estate services firm Savills has announced plans to acquire US real estate investment bank Eastdil Secured in a deal valued at about USD 1.1 billion, including debt. The move is aimed at strengthening Savills presence in North America, a key global property market. Eastdil Secured derives most of its revenue from the region while also maintaining operations across Europe and Asia Pacific. Savills expects the acquisition to improve earnings per share by the late decade and generate annual revenue synergies of at least GBP 60 million. The deal will involve debt financing and issuance of new Savills shares.Read more

16 Mar 2026

Shares of UI Boustead REIT declined on their debut on the Singapore Exchange, opening below the IPO price despite strong investor interest during the offering stage. The industrial and logistics real estate investment trust raised about SGD 973.6 million, equivalent to roughly USD 763.49 million, making it Singapore's largest IPO so far this year and the biggest REIT listing since mid-2025. The trust owns 23 properties valued at around SGD 1.9 billion across Singapore and Japan. Key tenants include GlaxoSmithKline and Razer. Market weakness and a slightly softer benchmark index contributed to the subdued trading debut.Read more

16 Mar 2026

Singapore-based logistics and investment firm GLP is exploring a potential initial public offering in Hong Kong that could value the company at around USD 20 billion, according to people familiar with the matter. The listing may take place later this year or beyond, though the size and timeline of the offering have not yet been finalised. If completed, the move would mark the company's return to public markets nearly a decade after it was taken private from the Singapore exchange. The IPO could also strengthen Hong Kong's equity capital market, which has seen strong activity in recent months.Read more

15 Mar 2026

Chinese banks are increasing lending to technology and innovation-focused companies as the government pushes for stronger development in artificial intelligence, semiconductors and advanced manufacturing. The shift follows policy signals from the country's leadership to prioritize technology-led growth over the next five years. Lending to small and medium-sized tech firms has grown significantly, while loans to the real estate sector have declined. The change is also influenced by the property market crisis and tighter global funding conditions for Chinese technology firms. Analysts say the policy-driven push could support innovation but may also bring risks due to the early-stage nature of many tech startups.Read more

15 Mar 2026

Shareholders of Swiss Prime Site AG approved all proposals presented by the company's board of directors at its annual general meeting, with a large majority voting in favour. Among the key decisions, investors approved a dividend distribution of CHF 3.50 per share. Swiss Prime Site is one of Switzerland's largest listed real estate companies and regularly distributes dividends as part of its shareholder return policy. The approval reflects continued investor support for the company's strategy and governance. The meeting also confirmed routine corporate decisions typically addressed at annual shareholder gatherings.Read more

14 Mar 2026

HJ Shipbuilding & Construction Co Ltd has secured a new order worth about 89 billion won, strengthening its order pipeline and business activity. The contract reflects continued demand for the company's construction and engineering capabilities. While the details of the project were not disclosed, such orders typically contribute to the company's revenue visibility and execution schedule over the coming quarters. The development also highlights the firm's ongoing role in infrastructure and construction projects. HJ Shipbuilding & Construction, formerly known as Hanjin Heavy Industries & Construction, operates across shipbuilding, infrastructure, and engineering segments.Read more