News
Filed by the bureaus. Capital, policy, development and the data underneath.

Hong Kong launches first government land tender for purpose-built student beds
Development Secretary Bernadette Linn announces a 1,100-square-metre site sale in Sha Tin to target a 100,000-bed shortfall.

Abu Dhabi Q3 residential capital shifts to off-plan luxury as volume falls
A 32% rise in nominal sales value coincided with a 19% quarterly drop in transaction volumes, revealing how high-ticket deals are masking lower market liquidity.

Grand City Properties Secures 20 Percent Equity Stake in LEG Immobilien
Aroundtown's Luxembourg-listed subsidiary aggregates a 20.04% holding through financial intermediaries to expand its German residential footprint and drive FFO growth.

Keppel Sells 51 Percent Stake in Central Singapore Tower to Keppel REIT
The S$648 million transaction relies on a five-year sponsor income support structure to shore up initial returns while 40 percent of the prime tower remains unlet.

Frasers Property Appoints ESR Executive Jai Mirpuri as Industrial Chief
The direct executive swap between Frasers Property Industrial and ESR Group highlights escalating rivalry for institutional industrial assets across Southeast Asia and Australasia.

Japan Imposes Mandatory Foreign Buyer Disclosure as Interest Rates Hit 1.25%
Cross-border investors face new reporting rules at the Legal Affairs Bureau while central bank tightening elevates borrowing costs to a 31-year high.

Morgan Stanley and JLL Data Shows Widening Divergence in Global Office Stock
Prime gateway assets pull away from secondary submarkets as institutional capital concentrates on supply-constrained prime stock following interest rate shifts.

Singapore Marina Bay plot attracts sole S$450m bid from EL Development
The single tender submission at S$1,243 per square foot per plot ratio highlights strict developer discipline as foreign stamp duty burdens weigh on prime land sales.

BlackRock and Dash Living Purchase 26-Unit Tokyo Residential Asset
The joint venture has completed its fourth Tokyo multifamily acquisition despite rising monetary policy rates.

CREA Cuts 2026 Canadian Housing Forecast as September Sales Drop 7.7 Per Cent
The Canadian Real Estate Association has lowered its full-year sales projection to 444,530 units following fixed mortgage rate hikes and price declines across major metropolitan centers.

Nomura Real Estate Secures 780 Unit Tokyo Site via 70 Year Leasehold Scheme
The Japanese developer has launched a 1.7 hectare mixed use project in Koto ward on land owned by the Institute of Science Tokyo, bypassing direct land purchase costs.

JINGDONG Property and Gargash Prime Form Joint Venture for 2.5 Million Sq Ft Dubai Hub
The asset management arm of Chinese e-commerce giant JD.com expands its footprint in the United Arab Emirates with a new regional distribution facility in Dubai.

Emaar Founder Signals $17 Billion Syrian Capital Deployment Plan
Mohamed Alabbar outlines plans to allocate capital into frontier tourism and property projects as international backlogs touch $49 billion.

Victoria Exemption from Land Tax Surcharge Marks Shift in Australian Foreign Tax Regimes
The Victorian government will grant a temporary waiver on its 4 per cent Absentee Owner Surcharge for qualifying housing developments. The move follows significant capital flight and persistent housing shortfalls across major Australian markets.

Egypt Plans Real Estate Investment Fund to Monetise NUCA Property Assets
The Egyptian Ministry of Housing is seeking foreign private equity capital by shifting from land sales to structured vehicles.

AirTrunk Postpones US$1.5 Billion Singapore REIT Listing to 2027
Sponsors Blackstone and CPP Investments halt public exit plans as rising dividend yield expectations clash with private asset valuations.

Starhill Global REIT Exits Japan via JPY 6.20 Billion Tokyo Asset Divestment
The Singapore-listed trust sold Ebisu Fort at a 53.8 percent premium to valuation to trim portfolio gearing down to 34.5 percent.

Crédit Agricole Agrees Share Purchase of German Lender IKB from Lone Star
Lone Star Fund XI exits its 100 per cent equity stake in IKB Deutsche Industriebank after an 18-year holding period, funded entirely from Crédit Agricole's internal cash resources.