01 Aug 2025

Aldar Properties has reported a sharp rise in quarterly net profit, driven by strong property sales-especially from Chinese investors-across its Abu Dhabi residential and commercial portfolio. The development division led growth, supported by new launches and successful sales efforts, while revenue from investment properties also rose due to higher occupancy and rental rates. Executives noted increased international interest, particularly in premium and waterfront projects. Strong operational execution, including on-time delivery and cost controls, further boosted performance. Aldar is also expanding into new geographies and asset classes through acquisitions and joint ventures, aiming to grow recurring income and enhance long-term stability.Read more

01 Aug 2025

Portugal's housing market has maintained strong buyer interest for six consecutive months, with prices continuing to rise, as per the RICS and Confidencial Imobiliário Housing Market Survey. The premium segment, particularly in the Algarve, is witnessing brisk sales. The Residences Vale do Lobo, a newly launched luxury project within the prestigious Vale do Lobo resort, has already approached the halfway mark in sales just weeks after its release. Domestic and international investors alike are drawn to the blend of lifestyle and investment potential on offer.Read more

31 Jul 2025

Hongkong Land reported a net profit of USD 297 million in H1 2024, reversing its prior-year loss due to reduced valuation losses on investment properties. Despite ongoing high vacancy rates in Hong Kong's office market, the company's Central portfolio remains nearly fully occupied. Underlying profit held steady at USD 384 million, and an interim dividend of 6.5 US cents per share was maintained. The company saw stable performance from development projects in mainland China, Singapore, and Indonesia, supported by resilient demand. With moderate gearing and strong liquidity, Hongkong Land expressed cautious optimism, highlighting disciplined capital management and confidence in long-term recovery.Read more

30 Jul 2025

A recent CBRE analysis has indicated that rising economic rents across key Asia Pacific markets have made office leasing increasingly expensive for occupiers, prompting many corporates to reassess the economics of building their own premises versus continuing to lease. While the 'build' option had long appeared capital-intensive, recent rent escalations in prime markets such as Mumbai, Ho Chi Minh City, and Manila have tipped the scale in favour of ownership for some. This shift is reshaping long-term real estate strategy discussions among occupiers with substantial space requirements.Read more

28 Jul 2025

The average 30-year mortgage rate in the U.S. has marginally dropped to 6.74% from 6.75%, while the 15-year rate has eased to 5.87%. Despite this decline, the relief for homebuyers remains limited as home prices continue to stay elevated around USD 435,300. New single-family home sales rose just 0.6%, falling short of expectations, while inventory levels touched their highest since 2007. Many buyers now rely on mortgage rate buydowns, builder incentives, or family support to afford homes, while sellers remain reluctant to list due to lower rates they had locked in during previous years.Read more

28 Jul 2025

A Vancouver-based office-focused REIT operating in U.S. Sun Belt markets has agreed to sell to an affiliate of Elliott Investment in a USD 1.1 billion all-cash transaction that includes debt. Shareholders are offered USD 7.00 per share roughly a 26% premium over recent trading levels which triggered a more than 24% jump in share price. The takeover hinges on approval and sale of its Phoenix portfolio and is expected to wrap by late this year. Stakeholder confidence is pegged on a hoped-for recovery in the challenged office sector.Read more

27 Jul 2025

China's outstanding property loans rose to a two-year high in June, signaling intensified efforts by the government to support the struggling real estate sector. The overall loan book reached 53.33 trillion yuan, with development loans increasing slightly, while mortgage loans remained subdued. Despite this lending push, the housing market continued to show signs of weakness, with new home prices falling at the sharpest rate in eight months. The rise in loans comes at a time when Beijing is taking multiple steps to stabilize the market, including letting local governments purchase unsold homes and land from financially stressed developers.Read more

26 Jul 2025

UK home sellers made unusually deep price cuts this summer, marking the steepest fall for July since records began over 20 years ago. Average asking prices dropped by 1.2%, with sellers reducing expectations by nearly GBP 4,600 in an effort to stand out in a crowded market. London and higher-end properties took the biggest hit. However, buyer activity remained strong, helped by falling mortgage rates and better wage growth. Although some momentum from earlier tax incentives has faded, overall market sentiment continues to show resilience despite economic uncertainty and rising supply pressures.Read more

25 Jul 2025

Real estate developer Casagrand has ventured into the international market with the launch of its inaugural project on Dubai Islands in the UAE. With a focus on high-growth markets and lifestyle-centric developments, the company is targeting over 6 million sq ft of premium residential and mixed-use developments in the UAE across the next three years. It is actively scouting land parcels in key growth communities and aims to replicate its proven delivery track record in this global real estate hub.Read more

24 Jul 2025

A growing number of British and Irish property seekers are targeting Spain not just for holiday homes but as part of long-term lifestyle and retirement planning. Taylor Wimpey España revealed that 45% of its UK and Irish clients are aged between 45 and 59, signalling a shift toward forward-looking investments. Spain's stable property price growth, top-tier healthcare, and high global retirement ranking are drawing buyers to regions like Costa del Sol, where penthouse living offers both luxury and future value.Read more