Advertisement
When should a housing society in Mumbai start considering re...
From GST on JDAs to SEBI’s REIT reclassification and the S...
Stay ahead in the world of real estate with our daily podcas...
Stay ahead in the world of real estate with our daily podcas...
01 Apr 2025
Japan's Nomura Real Estate has partnered with Legal & General (L&G) to build over 1,000 rental homes in the UK, marking its first entry into the market. The venture aims to address Britain's severe rental housing shortage while leveraging Nomura's expertise in large-scale development. The first project, set for south London, will deliver over 200 homes, with more planned across various locations over five years. Nomura will provide most of the investment, while L&G will oversee development and operations. The deal also strengthens L&G's ties with Japan, following previous collaborations with Mitsubishi Estate and a recent partnership with Meiji Yasuda.
01 Apr 2025
Malaysia ranks seventh in the Annual Global Retirement Index, attracting retirees with its affordability, high-quality healthcare, and diverse living options. Kuala Lumpur offers a low cost of living, with rent between RM1,500-RM2,500 (USD 300-500) and meals as cheap as RM10 (USD 2). Visa programs like the MM2H facilitate long-term stays, while real estate opportunities abound, especially in historic areas like George Town. World-class private healthcare is affordable, with consultations costing RM50-RM250 (USD 10-50). Retirees can enjoy Malaysia's tropical climate, from cooler Cameron Highlands to beach destinations like Langkawi. These factors make Malaysia an appealing and cost-effective retirement destination.Read more
31 Mar 2025
Dubai's real estate sector maintained strong momentum over the past year, with off-plan properties fuelling significant growth. The emirate witnessed a 35.5% rise in real estate transactions throughout 2024, reinforcing its reputation as a premier investment destination. Early 2025 trends indicated sustained demand for off-plan properties, marked by a shift in investor demographics. Indian investors expanded their market share, while interest from Mexican and Pakistani buyers also increased. Additionally, the growing diversity of investors from regions such as Latin America, Europe, and the Middle East showcased Dubai's expanding global appeal. Major projects like The Valley by Emaar and Sobha One remained investor favourites.Read more
31 Mar 2025
Spain's premium property market is poised for growth in 2025, with lifestyle preferences driving demand. According to Savills, Spain is expected to achieve 4-5% growth in prime residential capital values, outpacing the global average of 1.6%. Leading developer Taylor Wimpey Espana reports increased interest in penthouses offering tranquility and exclusivity along Costa del Sol. Key projects include Solana Village in Mijas, with three-bedroom penthouses priced from EUR 513,000, and Solemar near Casares Beach, starting at EUR 535,000. Marbella Lake in Nueva Andalucia features luxurious duplex penthouses priced up to EUR 1.015 million. To meet growing demand, Taylor Wimpey Espana is expanding into Costa Blanca and Mallorca.Read more
31 Mar 2025
Britain's government pledged 2 billion pounds (USD 2.58 billion) to build up to 18,000 social and affordable-homes in England by 2029, supporting its goal of 1.5 million homes by the end of the current parliamentary term. Construction starts in March 2027. Prime Minister Keir Starmer prioritizes housebuilding to boost economic growth and address-shortages. Housing minister Angela Rayner emphasized helping families secure homes. Median house-prices were 7.7 times the average-income in 2024. Finance minister Rachel Reeves also allocated 600 million pounds (USD 775 million) to train 60,000 construction workers by 2029 amid severe skills shortages.Read more
Advertisement
31 Mar 2025
China's property sector remains under pressure as Sunac plans a second offshore debt restructuring due to weak market conditions and a liquidation petition from Cinda (HK) over an unpaid USD 30 million loan. Despite completing a USD 9 billion restructuring in 2023, Sunac faces ongoing financial strain. A Hong Kong court adjourned Cinda's liquidation request to April 28, giving Sunac time to present a restructuring plan. With USD 38.23 billion in debt and cash reserves of CNY 25.7 billion, Sunac struggles to meet obligations. Industry experts suggest developers may prioritise onshore restructuring to navigate China's prolonged real estate downturn.
26 Mar 2025
Japan's land prices have been rising steadily for the past four years, signaling a strong economic recovery. According to a government survey, land prices grew by 2.7% as of January 1, 2024, the fastest increase since 1991. Residential land prices rose by 2.1%, fueled by housing demand, low interest rates, and foreign investment. Commercial land prices increased 3.9%, supported by tourism and redevelopment projects in cities like Kyoto and Osaka. The industrial sector led with 4.8% growth, driven by e-commerce and semiconductor manufacturing. Despite concerns over rising construction costs and potential interest rate hikes, Japan's land market continues to strengthen.
26 Mar 2025
Strategic Value Partners (SVP) has agreed to purchase the Senator office building in the City of London for over GBP 60 million (USD 77.8 million) - a 60% discount from its initial GBP 157 million asking price in 2021. The building, located at 85 Queen Victoria Street, underwent refurbishment but remained only partially occupied. The deal highlights ongoing pressure in the office real estate market, where older or non-prime assets are losing value amid shifting occupier preferences toward modern, sustainable buildings. SVP's acquisition reflects opportunistic investor interest, betting on future recovery driven by limited supply and increasing office occupancy.
25 Mar 2025
Hungarian house prices have surged sharply, with Budapest home prices rising nearly 17% year-on-year in February 2025, the fastest growth in three years. According to the National Bank of Hungary, this rise is largely driven by investors redirecting funds from government bonds rather than increased borrowing, posing minimal risk to financial stability. Property prices are outpacing income and rental growth, showing signs of overheating. Despite rapid price increases, mortgage debt remains low relative to GDP, and most property purchases are made without loans. The central bank believes tighter credit policies will have limited impact on controlling this investor-driven price surge.
25 Mar 2025
Norway's sovereign wealth fund, Norges Bank Investment Management (NBIM), has announced USD 1 billion in new real estate investments across Europe. NBIM has acquired a 25% stake in a London property portfolio for GBP 570 million in partnership with Shaftesbury Capital, which will manage the properties. Additionally, NBIM is acquiring a 40% stake in AXA Lifestyle Housing for EUR 240 million, expanding into student and co-living housing in France and Spain. These strategic investments reflect NBIM's focus on prime commercial and urban residential properties, aiming for stable returns and long-term growth in global real estate markets.
Advertisement
