22 Jan 2026

China's property sector continued to face pressure as new home prices fell 0.4% month-on-month and 2.7% year-on-year in December, marking the steepest annual drop in five months. Most cities recorded declines, and existing home prices also softened across tier-one to tier-three cities. Analysts highlighted the persistent drag on economic growth, while property investment and home sales fell significantly in 2025. Despite government efforts and financial support programs, smaller cities face prolonged inventory reductions, and the sector is undergoing a major adjustment with a focus on stabilising expectations.Read more

21 Jan 2026

Dubai's real estate market demonstrated broad-based strength over the past year, with developers recording strong sales activity across both luxury and affordable housing segments. Transaction data shows robust demand for properties priced above AED 15 million as well as those below AED 2 million, indicating balanced market participation from investors and end-users. Emaar retained its position as the market leader by sales value, project deliveries and launches, while Binghatti emerged as the top developer by overall sales volume. Other major developers, including DAMAC Properties, Nakheel and Sobha, also reported significant activity. The data highlights a diversified real estate cycle in Dubai, supported by sustained demand across price categories and large-scale development pipelines.Read more

21 Jan 2026

Dubai Holding has confirmed the acquisition of the five-star Jumeirah Mallorca hotel in Spain, adding another international asset to its hospitality portfolio. The announcement, made through the Dubai Media Office, underlines the group's strategy of expanding the Jumeirah brand in established global leisure destinations. Jumeirah Mallorca is a luxury resort catering to international travellers and forms part of Dubai Holding's wider plan to strengthen recurring revenues from hospitality. The group has been steadily increasing its overseas presence through selective acquisitions and brand-led expansion.Read more

21 Jan 2026

Global real estate investment platform RealVantage has established a corporate presence in Hong Kong through a joint-venture company formed with local real estate industry professionals. The move is supported by Pecan Foundation Limited, the family office of Hong Kong real estate executive Dr Justin K H Chiu. RealVantage Hong Kong is expected to commence operations in the second half of 2026, subject to regulatory approvals. The Hong Kong entity will be led by Ivan Ho, with strategic investment guidance from former Standard Chartered banker Edmund Ho. The expansion marks a key step in RealVantage's regional growth strategy, aimed at providing professional investors in Hong Kong with access to institutional-grade global real estate investment opportunities through its technology-led co-investing platform.Read more

21 Jan 2026

Eco World Development Group Bhd's subsidiary, Mutiara Balau Sdn Bhd, has terminated its proposed acquisition of a freehold commercial land parcel in Mukim Semenyih, Ulu Langat, Selangor. The 22.73-acre land was to be purchased for about INR82.19 million from Boustead Balau Sdn Bhd, with Boustead Properties holding a minority stake in the unit. The SPA, signed last year, required certain conditions to be met within a specified period. The land was intended to expand commercial offerings in EcoWorld's Eco Radiance township and support the township's long-term development plans.Read more

21 Jan 2026

Exsim Hospitality Bhd's unit has accepted a work order from Exsim Kebun Teh for renovation and other works at the Johor sales gallery, with a contract value of 2.4 million RGT. The project includes structural upgrades, interior improvements, and functional enhancements to the gallery. The company has previously handled similar projects, demonstrating its expertise in timely delivery and quality execution. This order continues Exsim Hospitality's focus on providing in-house project support to affiliated entities and expanding its footprint in property and hospitality development projects.Read more

20 Jan 2026

The Trump administration is preparing a housing policy proposal that would allow Americans to use a portion of their 401(k) retirement savings toward home down payments, according to White House economic adviser Kevin Hassett. The initiative aims to ease housing affordability pressures at a time when high mortgage rates and elevated home prices have sidelined many potential buyers. Details of the plan are expected to be announced next week, with officials indicating that safeguards are being considered to ensure retirement security is not undermined. The proposal forms part of a broader effort by President Donald Trump to stimulate housing demand and address economic headwinds ahead of the November midterm elections. While investors are watching closely, analysts caution that structural supply constraints may limit the effectiveness of demand-side measures alone.Read more

20 Jan 2026

SL Green Realty Corp has completed the acquisition of Park Avenue Tower, expanding its Manhattan office portfolio. The purchase enhances the company';s presence in a prime business corridor and aligns with its strategy of acquiring high-quality, long-term assets. While financial terms were not disclosed, the deal is expected to contribute to rental income growth and overall property performance. This addition continues SL Green's pattern of strategic real estate investments and redevelopment projects in New York, reinforcing its position in the city's commercial property market.Read more

20 Jan 2026

Masar, under Umm Al Qura for Development and Construction, has awarded two significant superstructure contracts valued at SAR 3.2 billion and SAR 899 million for Packages A and B, respectively. The projects will include seven hospitality towers and two shopping centers, marking a major step in the company's ongoing expansion in the hospitality and retail sectors. These contracts aim to speed up construction, enhance Masar's development portfolio, and support regional infrastructure growth, reinforcing the company's strategic focus on high-value, large-scale urban projects.Read more

20 Jan 2026

CNQC International Holdings Ltd has secured four new construction contracts in Hong Kong, with a combined value of HKD 1.79 billion. The contracts highlight the company's strong position in the region and its ability to manage multiple large-scale projects. While specific project details and timelines were not disclosed, CNQC's track record in delivering complex construction work makes these wins significant for its growth. Industry analysts consider this development a positive sign of the company's continued expansion in Hong Kong's competitive construction sector.Read more