Market News
Blackstone funds Warehouse Reit buyout with commercial mortgage-backed securitisation debt deal
The deal lifts volumes in the CMBS asset class to a European record this year
Japan’s Sumitomo Realty puts India bet on Mumbai and serviced apartments
Japanese developers are extending their presence in India’s US$300 billion real estate market
Private credit gives European banks backdoor into property deals
Known as back leverage, the opaque system lets banks apply more favourable capital treatment to lending
Seeing gold in decaying leases: Yield, unlocked potential draw property investors to likes of Hotel Miramar
It can be financially feasible to buy properties on sites with declining balance land tenures. As leases near expiry, the path to...
Singapore industrial market set for ‘uneven growth’ in 2026
High-spec, high-tech industrial space in demand, but occupiers growing more cost-conscious and older assets face pressure
Hedge fund Qube to take six UBS floors in Hong Kong’s Central
Its new lease is the largest ever signed by a hedge fund firm anywhere in the city
Goldman Seeks to buy part of Hong Kong builder New World’s loan
The US bank has approached some lenders involved in the record US$11 billion loan
Europe’s property firms want to buy back expensive bonds
Bloomberg data shows companies offering to repurchase a record 25 hybrid bonds from investors this year
Lower funding costs, firm fundamentals to fuel appetite for Singapore commercial real estate
Office and industrial deals are the flavour of the year; interest in the living and hospitality sectors has also risen
EU unveils plan to tackle housing crisis
Its executive plans to propose legislation to curb short-term rentals such as Airbnb
Vanke sweetens bond extension proposal to avert debt default
The developer is also seeking to extend repayment grace period to 30 days
Peirce Road GCB jointly owned by Jopie Ong’s sister and kin of Tan Kah Kee being sold for S$148 million
The transaction, now at option stage, would be the biggest Good Class Bungalow deal done in years
CapitaLand, UOL consortium puts in top bid of S$1.5 billion or S$1,179 psf ppr for Hougang mega project
Based on the land rate, analysts expect the new homes to be priced at S$2,500 to S$2,600 psf or even higher
London’s luxury home market has its worst year since Covid-19
While 2024 brought in at least four £50 million-plus deals, the biggest transactions this year are around the £40 million mark
Kering sells majority stake in New York property to Ardian in US$900 million deal
The deal comes as the company seeks to cut debt and protect its credit rating
EU to unveil plan to tackle housing crisis
THE EU will on Tuesday present a first-ever plan to address the continent’s deepening housing crisis, aiming to boost construction and regulate...
China Vanke faces reality check as bond extension talks drag on
Financial institutions including banks have in general become less patient with struggling developers
Spain fines Airbnb 64 million euros for posting banned properties
A tourism boom has driven the buoyant Spanish economy
Japan to require real estate buyers to reveal nationality
All buyers will have to report when acquiring for investment or residential purposes
US homebuilder sentiment edges up with help from incentives
Mortgage rates have been hovering in the 6.3% to 6.4% range for the past couple of months
CDL inks deal to sell Quayside Isle @ Sentosa Cove for S$97.3 million
The buyer is understood to be an entity owned by Patrick Kho
Indonesia’s Danantara marks first overseas deal with Mecca asset purchase
The purchase is part of a long-term plan to support better services for Indonesian haj and umrah pilgrims
New home sales shrink in November after October spike, with only one project launched
Developers sell 325 units, down 86.6% from October’s high, and 87.3% lower on a year-on-year basis
Are condo and car ownership getting harder for Singapore’s upper middle class?
Rise in private-home prices and car COE premiums outpaces income growth of 80th percentile of households
China home-price slump persists even as authorities vow to address downturn
The prolonged property crunch is fuelling a rising sense of anxiety among Chinese officials
China developer Vanke plans second bondholders’ meeting to avoid onshore default
The bond tranche is due on Monday and has a five-business-day grace period
The real price of a London apartment has sunk 22% in the last decade
A series of factors, from Brexit to tax hikes, have reined in a market once seen as overvalued
ESR-Reit sells 8 Singapore assets to Brookfield for S$338.1 million; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay
In danger, there’s opportunity: How SingHaiyi’s 29-year-old scion is reshaping the property group’s next chapter
How a heart-pounding tender win and a baptism of fire during the pandemic moulded SingHaiyi’s new leadership
China Vanke bondholders reject payment extension, raising default risk
The rejection grants the developer 5 business days to pay the 2 billion yuan on the onshore bond