31 Mar 2026

A US federal court has allowed Wells Fargo to proceed with its lawsuit against JPMorgan Chase over a defaulted USD 481 million commercial real estate loan linked to a multi-state residential portfolio. The case centres on allegations that the lender overlooked inflated financial disclosures provided prior to loan origination. The loan, issued in 2019 to Chetrit Group, financed the acquisition of 43 multifamily properties comprising over 8,600 apartments across 10 US states. Following a default in 2022, investors reportedly incurred significant losses. The court's decision to deny dismissal allows claims of breach of contract and loan misrepresentation to be examined in full.Read more

31 Mar 2026

Central China Real Estate Ltd reported its full-year financial results, showing revenue of RMB 11,817 million but a substantial loss attributable to shareholders of RMB 3,045 million. The performance reflects continued pressure in China's property market, where developers are facing weak demand, tight liquidity, and ongoing debt concerns. The company's results are in line with broader trends seen across the sector over the past year, with several developers reporting losses despite maintaining project deliveries. The update highlights the ongoing financial strain in the real estate market.Read more

31 Mar 2026

Castellum AB has entered into a long-term lease agreement for a significant portion of a newly developed warehouse facility in Ringon, Gothenburg. The lease, spanning ten years, covers nearly half of the building, highlighting steady demand for logistics and industrial spaces in the region. Gothenburg continues to be a key logistics hub in Sweden due to its port connectivity and industrial base. The deal reflects ongoing interest from occupiers seeking modern warehousing solutions and aligns with broader trends of long-term leasing in the logistics segment across Europe.Read more

31 Mar 2026

Fosun International is moving ahead with plans to list its luxury resort Atlantis Sanya as a real estate investment trust (REIT) on the Shanghai Stock Exchange. The move comes as part of the group's broader effort to manage its rising debt, which reached RMB 222.10 billion as of mid-2025. The listing will depend on regulatory approvals, while a waiver from the Hong Kong Stock Exchange has already eased procedural requirements. The company is also preparing to announce its annual results shortly.Read more

31 Mar 2026

Property for Industry Limited has announced a bond offer aimed at raising up to NZD 125 million, with an option to accept oversubscriptions of up to NZD 75 million. The company plans to issue 6.5-year senior secured fixed-rate bonds to investors in New Zealand and Australia. The indicative margin for the bonds is set between 1.30 percent and 1.40 percent per annum. The bonds are expected to be issued on April 13, 2026, subject to market response. The move is part of the company's broader funding strategy.Read more

31 Mar 2026

Broad Street Realty Inc has initiated Chapter 7 bankruptcy proceedings, indicating a move towards liquidation rather than restructuring. The filing, made in the past week, reflects ongoing financial stress within the company. Alongside this, CFO Alexander Topchy has stepped down from his role with immediate effect. A Chapter 7 trustee, George L. Miller, has been appointed to take control of the company's operations and oversee the liquidation process. The development highlights continued pressure on smaller real estate firms facing liquidity issues and operational challenges in a tight financial environment.Read more

31 Mar 2026

Spain's proposal to impose a 100 per cent tax on property purchases by non-European Union buyers has stalled in Parliament due to lack of political support for the minority government led by Pedro Snchez. The measure, introduced in 2025 to address housing affordability concerns, has yet to be debated formally. Foreign buyers accounted for 20 per cent of residential transactions last year, highlighting their continued role in the market. While the proposal aimed to reduce speculative demand, divisions among coalition partners and opposition parties have delayed progress. Analysts indicate that structural supply shortages, rather than foreign demand alone, remain central to Spain's housing challenges.Read more

31 Mar 2026

UBS has temporarily suspended investor withdrawals from its Euroinvest real estate fund, citing low liquidity and rising redemption requests. The fund, managed in Germany, holds assets worth around EUR 406.8 million (USD 469.4 million). The decision also includes a halt on issuing new shares to prevent further risks to investors. This move reflects a broader trend in global markets, where asset managers are restricting withdrawals due to pressure from increased redemption demands. Similar actions have been seen in private credit funds, especially in the United States.Read more

30 Mar 2026

Woodside Energy has taken over operations of the Beaumont New Ammonia facility in Texas after completing performance testing and handover from OCI Global. The plant, with a capacity of 1.1 million tonnes per year, began ammonia production in December and forms part of Woodside's expansion into lower-carbon energy solutions. However, the production of lower-carbon ammonia is expected only after 2026 due to delays linked to a third-party feedstock facility. The company has already secured several offtake agreements and continues to advance additional sales arrangements aligned with future output.Read more

30 Mar 2026

Hong Kong is preparing to expand its tax relief framework for asset and wealth managers by widening the scope of carried interest exemptions. The proposed changes aim to include private credit, digital assets, and overseas real estate, going beyond the current focus on private equity. This move comes as the city looks to regain its competitive position against global financial hubs like Dubai and Singapore, which have been attracting investment firms with favourable tax regimes. The proposal follows earlier consultations and is expected to be presented to lawmakers soon for approval.Read more