01 Dec 2025

China's new home prices recorded a quicker month-on-month increase in November, reflecting selective improvement in the primary housing market. However, secondary-market prices continued to fall as high listing volumes and weak buyer sentiment kept pressure on valuations. The survey by China Index Academy highlighted that the broader property sector remains under strain, with developers still coping with the liquidity challenges that began in 2021. Although several supportive steps were introduced in the second half of 2024, major new stimulus has not been introduced this year. Policymakers may consider easing purchase rules and reducing transaction costs to stabilise demand.Read more

01 Dec 2025

Aroundtown, one of Germany's leading listed real estate firms, is advancing its plan to convert vacant office spaces into data centres amid growing European demand. The company expects its first centre in Berlin to be operational within three years, with six Berlin locations already receiving initial energy approvals. While the Frankfurt site awaits power allocation, Aroundtown has identified ten initial project assets and noted that roughly 100 of its buildings could potentially serve as data centres. The company is engaging with developers and operators and plans to secure higher energy capacity and full permits in the coming months.Read more

01 Dec 2025

Sweden has awarded green steel startup Stegra USD 41 million to help complete its hydrogen-powered steel plant in northern Sweden. The funding is intended to improve the company's chances of raising the additional USD 1.1 billion needed. Stegra had previously secured USD 7.5 billion in loans and equity. The Energy Agency emphasized that the new support is conditional on demonstrating sufficient capital by spring 2026. Government backing is expected to boost investor confidence, while the country's green transition continues to face challenges from industrial setbacks like Northvolt's bankruptcy.Read more

01 Dec 2025

Vietnam's weekly government bond auction raised USD 229 million, lower than last week's USD 350 million, with only 43% of bonds sold. The total government bond sales in 2025 have reached 293 trillion dong, falling short of the 500 trillion dong target. The treasury successfully sold 10-year bonds at a 3.86% coupon but could not sell 5-, 15-, and 30-year bonds. Meanwhile, corporate bond issuances have reached 506 trillion dong, with a significant portion of upcoming maturities in the real estate and banking sectors.Read more

01 Dec 2025

Vukile Property Fund reported strong interim results, with headline earnings per share at 85.24 cents and gross property revenue rising 36.9% to R2,903 million. The interim dividend of 60.2 cents per share represents 9% growth. For FY26, the company expects at least a 9% increase in both FFO per share and dividend per share, bringing the full-year dividend to a minimum of 143.6 cents. The firm's portfolio now exceeds R50 billion, supported by international investments in Spain and Portugal, reflecting a steady growth trajectory and diversified revenue streams.Read more

30 Nov 2025

Aroundtown reported a nine-month profit of 882.3 million euros (USD 1.0 billion), recovering from a loss of 154 million euros in the same period last year. The gain was largely supported by 383.7 million euros in property revaluations and capital gains, reversing last year's loss of 591 million euros. Funds from operations fell slightly to 221 million euros from 235.6 million euros, reflecting ongoing stabilization in rental income. The company maintained its full-year guidance and highlighted cost-saving measures, signaling continued recovery and careful management in a recovering property market.Read more

30 Nov 2025

China Vanke's bonds extended losses this week after the developer requested bondholder approval to delay repayment of a 2 billion yuan (USD 282.6 million) onshore bond due in mid-December, marking its first such request. Several yuan bonds fell over 20%, some close to 40%, prompting trading suspensions in six exchange-traded bonds. Offshore dollar bonds also declined sharply. The move has heightened concerns about Beijing's support for the sector. With 364.3 billion yuan in debt, potential restructuring could be more significant than defaults by Evergrande or Country Garden.Read more

30 Nov 2025

Xinyuan Property Management Service (Cayman) Ltd announced that select Xinyuan real estate companies will transfer target properties to a unit for RMB 89.1 million. The transfer aims to consolidate property management and enhance operational efficiency. This aligns with Xinyuan's ongoing strategy of optimizing its asset structure, centralizing operations, and improving liquidity. Such transfers reflect broader trends in China's real estate market, where firms restructure assets to maintain financial stability. Xinyuan's past asset transfers have supported strategic development and efficient capital use.Read more

30 Nov 2025

SM Prime Holdings is investing 3.6 billion pesos to expand and modernize SMX Seaside Cebu, a prominent convention facility in the Visayas. The funding will upgrade exhibition halls, meeting spaces, and infrastructure to support larger events and international conventions. The expansion reinforces SM Prime's strategy to strengthen its presence in regional hubs and meet growing demand for premium event spaces. Past events have positioned Cebu as a key MICE destination, and this development aims to attract more business travelers while supporting local tourism growth.Read more

30 Nov 2025

UMH Properties has added seven manufactured-home communities, totaling 1,765 sites, to its Fannie Mae credit facility through Wells Fargo Bank, raising approximately USD 91.8 million via a fixed rate, interest only loan at 5.46% for nine years. A certified appraisal valued these communities at USD 145.1 million, nearly double UMH's original investment of USD 73.2 million. The funds will be used to acquire new properties, expand rental homes, and repay higher interest short term debt. This move strengthens UMH's liquidity, supports ongoing growth, and continues its strategy of leveraging asset value to fund expansion.Read more