19 Jan 2026

Vietnam is introducing tax measures to address soaring property prices and speculative activity in its housing market. Apartment prices increased 20-30% and land plots 20-25% last year, with average costs reaching around 100 million dong (USD 3,804) per square metre equal to a typical worker's annual salary. The government plans to promote fair housing access and fund social housing to build up to one million apartments for low-income residents by 2030. Policymakers also aim to regulate bank lending and risky property investments to ensure market stability.Read more

19 Jan 2026

Beijing Dalong Weiye Real Estate Development Co Ltd's subsidiary has won a project bid worth 762.7 million yuan (around USD 109.43 million), reinforcing the company's expansion in China's competitive property sector. The project is expected to boost revenue and strengthen the firm's presence in both residential and commercial developments. With a history of pursuing large-scale projects aligned with urban planning, the company's subsidiary will now move forward with planning and execution, reflecting Beijing Dalong Weiye's focus on timely delivery and adherence to quality construction standards.Read more

18 Jan 2026

Korea Real Estate Investment & Trust Co Ltd plans to divest 20 billion KRW (around INR 1.2 billion) of its own shares. The move aims to optimize the company's balance sheet and provide liquidity for future operations. While the company has not detailed the timeline for the sale, analysts see it as a common strategy among real estate investment trusts to manage capital and enhance shareholder value. The divestment reflects careful financial management amid market fluctuations in South Korea's real estate sector.Read more

18 Jan 2026

Existing home sales in the United States accelerated in December, supported by easing mortgage rates and slower growth in house prices, according to data released by the National Association of Realtors. Sales rose sharply on a monthly basis and exceeded market expectations, while annual growth also turned positive. Improving conditions in the final quarter of the year were attributed to reduced borrowing costs and more moderate price increases, although housing inventory remained constrained. Mortgage rates declined during 2025 but continued to stay well above levels seen three years earlier. Inventory levels showed a marginal improvement, while median home prices recorded only modest annual growth, reflecting ongoing affordability pressures.Read more

17 Jan 2026

A consortium including Singapore-based UOL Group has secured a government tender valued at about USD 1.17 billion for a large integrated residential and commercial development site in Singapore. The tender was awarded by the Housing and Development Board and involves a leasehold parcel earmarked for a mixed-use project. The development will integrate residential and commercial components with public transport infrastructure, including a metro rail station, a bus interchange and a town plaza. Under the agreed structure, the residential and commercial elements will be developed separately by consortium members. The acquisition is expected to support UOL Group's residential land bank strategy in Singapore and will be funded largely through bank borrowings and shareholder loans.Read more

17 Jan 2026

Marriott International and Al Qimmah Hospitality have announced plans to open more than 2,700 new hotel rooms across Saudi Arabia as the kingdom continues to expand its tourism sector. The development will include five new hotels across Jeddah, Makkah and Madinah, covering a range of mid-scale and upper mid-scale brands. The move reflects Saudi Arabia's shift towards increasing access to hotel accommodation, particularly to support religious tourism, after years of focus on luxury resort development. Marriott currently operates a sizeable portfolio in the country, while Al Qimmah Hospitality is backed by Bindawood Investment, the real estate arm of the Bin Dawood family.Read more

17 Jan 2026

Allegiant announced plans to acquire Sun Country Airlines in a deal valued at about USD 1.5 billion, including debt. Sun Country shareholders will receive 0.1557 Allegiant shares and USD 4.10 per share in cash, representing a nearly 20 percent premium over recent prices. The merged airline will operate around 195 aircraft across more than 650 routes, serving approximately 175 cities. Allegiant's CEO will lead the combined company, while Sun Country's CEO will join the board. The deal is expected to close in the second half of 2026, pending approvals.Read more

17 Jan 2026

Larsen & Toubro (L&T) has moved to take full control of its offshore marine construction joint venture, L&T Sapura Shipping Private Limited (LTSSPL), by acquiring the remaining 40% stake from Sapura Nautical Power Pte Ltd for INR 122.39 crore (about USD 30.5 million). L&T will buy over 6.35 crore shares at INR 19.26 each and settle Sapura�s outstanding shareholder loan of roughly USD 16.93 million. The transaction, expected to close by the end of this month, strengthens L&T�s offshore marine capabilities in India and the Middle East.Read more

17 Jan 2026

The UAE is set to launch its first national passenger rail network under the Etihad Rail programme later this year, connecting 11 cities and regions across all seven emirates, from Al Sila in the west to Fujairah in the east. Trains will run at speeds up to 200 km/h, offering significant reductions in travel time, including a journey from Abu Dhabi to Dubai in under an hour. The network features strategically located stations with strong integration to local transport systems, supporting commuters, tourists, and business travel while enhancing national connectivity.Read more

16 Jan 2026

UK homebuilder Vistry has forecast profit for 2025 below market expectations after reporting a decline in home sales amid continued uncertainty in the housing market. The company said softer demand from private buyers and delays in partner-funded housing deals affected performance, while forward sales also declined year on year. Although revenue remained broadly flat, sales volumes fell and investor sentiment weakened, leading to a sharp drop in the company's share price. Vistry said government-backed affordable housing programmes continued to support activity, but affordability pressures and fiscal uncertainty limited private market recovery. The company expects future opportunities from long-term government housing initiatives, while remaining cautious on near-term conditions.Read more