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

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.

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.

Sobha Group enters Australia with Brisbane acquisitions and Sydney options
The Dubai-headquartered developer is deploying balance sheet equity and local debt to build a permanent Australian residential platform across Brisbane, Sydney and the Gold Coast.

Diriyah Company Commits SAR 2.73B for Diriyah Square Hospitality Build
The Riyadh giga-project developer has contracted joint ventures to build 413 hotel rooms and 34 branded residences, locking in core contractor capacity as national award volumes surge.

Dubai CommerCity commits AED 1.8bn to phase two expansion as occupancy hits 96%
The joint venture between DIEZ and Wasl Asset Management will add 91,000 square metres of commercial and logistics space to meet severe supply constraints.

Regent Signature launches EGP 17bn West Cairo project as suburban capital flows grow
The Vie West Cairo commits EGP 15 billion to residential build and EGP 2 billion to hospitality following full land settlement and ministerial decree.

Microsoft Secures Final Planning Approval for A$1.26 Billion Western Sydney Data Center Campus
The planning win anchors a broader A$25 billion digital infrastructure commitment across Australia as New South Wales accelerates approvals for high-value industrial developments.

Hong Kong Ho Man Tin Land Tender Draws 10 Bids Valued Up to HK$2.8 Billion
Bidding for the Fat Kwong Street residential plot highlights competitive appetite for urban Kowloon sites amid tight government land releases.

Mubadala Partners With Taraf and Kerzner for One&Only Tower on Al Maryah Island
The 230-metre branded residential tower expands high-density luxury offerings in Abu Dhabi's financial free zone following record annual sales volume.

Godrej Properties Secures Rights for $625 Million Residential Tower in South Mumbai
The developer has taken over a stalled 2.5-acre site in Marine Lines through a joint agreement requiring 1.3 million square feet of tenant rehabilitation.

ROSHN and TMG Saudi Sign Joint Venture Deal for 55,000 Riyadh Homes
The Public Investment Fund subsidiary and Egyptian developer form a 51-49 vehicle to expand master-planned housing capacity in the Saudi capital.

Asas Makeen Awards SAR 315M Riyadh Mixed-Use Construction Contract
The Nomu-listed developer has engaged Itihad Al Thabat Contracting for 65,000 square metres of real estate, reinforcing a rapid sequence of cost-plus delivery commitments in the Saudi capital.

Eco World Secures Maiden Singapore Site for Record S$208M Land Bid
The Malaysian developer established a new price benchmark for city-fringe private residential land, beating six competing offers in its debut Singapore tender.

Mohammad Al Habib Real Estate signs SAR 3.2bn Expo Village joint venture
The deal with Expo 2030 Riyadh brings private equity into giga-project residential accommodation alongside direct transport connections.

Expo 2030 Riyadh signs SAR 3.2bn joint venture with Mohammad Al Habib Real Estate
The agreement marks the first private-sector development partnership for the event site, funding 2,300 residential units amid a broader slowdown in Saudi Arabia's housing market.

Cairo Developers Cancel Cityscape Expo as 20.6 Percent Borrowing Costs Force Construction Focus
Informa Markets has replaced Cairo's multi-day real estate trade show with a single-day forum as builder participation halved under debt pressures.