17 Dec 2025

French luxury group Kering has sold a 60% stake in its prime New York property on Fifth Avenue to private equity firm Ardian, in a deal valued at USD900 million, generating net proceeds of USD690 million. Kering retains 40% ownership through a newly created joint venture. The move is part of Kering's ongoing strategy to manage debt and maintain financial flexibility, following earlier portfolio transactions in Paris. The deal also reflects the company's broader plan to optimize its global real estate holdings amid changing market dynamics.Read more

17 Dec 2025

Dubai's commercial real estate market is heading towards a major reset that could create a clear two-tier office ecosystem by 2028, according to fäm Properties. While commercial transactions have surged sharply this year, the office sector has lagged residential real estate in adopting modern design and quality standards. With no true new-generation office supply delivered since the global financial crisis, older buildings now face growing pressure. From 2028, the arrival of Grade A offices is expected to shift tenant preferences and pricing toward quality assets. This transition will likely widen the gap between premium offices and ageing stock, reshaping rents, occupancy levels and investor demand across Dubai's office market.Read more

17 Dec 2025

South Korea's Central Bank has clarified that excessive domestic liquidity alone is not behind the recent weakening of the won or rising residential property prices. The Bank of Korea (BOK) pointed to factors like increased overseas securities investment by residents and export companies holding foreign currency as having a stronger influence on the currency. The bank highlighted that past liquidity accumulation has been feeding into the housing market rather than fresh money supply. It has also taken steps to stabilise the won, including extending a currency swap agreement with the National Pension Service.Read more

17 Dec 2025

Japan is set to expand regulations requiring foreigners to report property purchases to the government, a move aimed at monitoring speculative buying in the residential sector. Currently, reporting obligations apply only to foreign investors. Finance Minister Satsuki Katayama said the new rules, expected to be implemented in April next year, will cover properties bought for residential use. Authorities are seeking a clearer understanding of the market to prevent cases of speculation. The policy reflects ongoing efforts to balance foreign investment with housing stability in Japan.Read more

17 Dec 2025

Gemini Investments Holdings Ltd informed investors that its shareholders have approved a proposal allowing its U.S. real estate fund platform to dispose of certain properties in the United States. The approval gives the company flexibility to proceed with asset sales in line with its fund strategy and market conditions. While the company has not disclosed the number of properties, their locations, or the expected transaction value, the move signals an active review of its U.S. portfolio. Gemini has exposure to overseas real estate through fund platforms, and such decisions are typically aimed at portfolio optimisation, capital recycling, and risk management.Read more

17 Dec 2025

Canada's housing market showed signs of cooling as home sales slipped slightly during November, ending the strong mid-year recovery seen earlier. Data released by the Canadian Real Estate Association showed a modest monthly drop in transactions, alongside a decline in prices and fewer new listings. While activity remained well above the lows recorded in spring, sales have largely plateaued over the past few months. The slowdown comes as borrowing costs remain elevated, with the central bank maintaining its key policy rate, prompting buyers and sellers to adopt a more cautious stance.Read more

17 Dec 2025

Pure Data Centres has announced plans to develop a hyperscale data centre campus in Amsterdam with an investment of up to EUR 1 billion, making it one of Europe's largest data centre commitments this year. The campus will be leased to a single hyperscale cloud provider, a rare development in a tightly regulated and power-constrained market. Construction is expected to begin in early 2026, with phased delivery from 2028. Powered by a dedicated private substation, the facility will offer 78 MW of capacity, supporting cloud and AI workloads. Backed by Oaktree Capital Management, the project highlights strong long-term demand for data infrastructure in Europe.Read more

16 Dec 2025

Ayala Land Inc. has agreed to sell its 50% share in Alabang Commercial Center Corp, the firm behind the Alabang Town Center Mall, for PHP 13.5 billion (about INR 20,000 crore) to its long time partner, the Madrigal family. The move is part of Ayala Land's ongoing strategy to monetise mature assets and reinvest in future growth. The deal, announced earlier this week, will free up capital for the company's expanding leasing portfolio and shareholder returns. Alabang Town Center has been a significant retail hub since the early 1980s and grew through multiple expansions over the decades.Read more

16 Dec 2025

Tata Consultancy Services (TCS) has expanded its operations in Romania by opening a new office in Bucharest's Floreasca business district, reinforcing its role as a digital engineering hub in Europe. Over 95% of the workforce at this facility comprises Romanian nationals, reflecting TCS focus on local talent. The office complements the recently launched Software-Defined Vehicle (SDV) innovation hub and forms a key part of TCS European delivery network, which serves over 350 clients across 20 countries with more than 15,000 professionals.Read more

16 Dec 2025

China’s residential property prices continued to decline in November, reflecting persistent weakness in demand despite repeated assurances from policymakers. Official data showed both monthly and annual price drops, with pressure visible across new and secondary home markets. Price falls widened across major and smaller cities, underlining the depth of the slowdown that began in mid-2021. Economists expect the downturn to extend into 2026, citing oversupply and fragile buyer sentiment. International agencies and analysts continue to urge stronger, targeted action to address the prolonged property crisis.Read more