Zahraa Maadi Investment & Development is preparing for a significant shift in ownership as investors Ahmed Tarek Khalil and Mohamed Farouk Abdel Moneim have moved forward with a mandatory offer to acquire a 90% stake in the company at a price of EGP 6.95 per share. The development surfaced through regulatory disclosures and reflects ongoing consolidation activity in Egypt's real estate and investment sector. Zahraa Maadi, which has been active in residential and mixed-use developments for years, may see operational changes once the acquisition process progresses.Read more

Britain's government announced earlier this week that planning applications for new homes located close to railway stations would receive an automatic go-ahead, provided they comply with defined criteria. The measure forms part of the Labour government's push to accelerate homebuilding and address persistent planning barriers. Although the administration has set a target of constructing 1.5 million homes before the next general election in 2029, official forecasts issued earlier this year indicated it was likely to fall short. The proposal also introduces stricter oversight on council rejections of large housing schemes.Read more

JSW Infrastructure has partnered with Minerals Development Oman (MDO) to develop a new 27 million tonne per annum greenfield port in Oman with an investment of USD 419 million (about INR 3,730 crore). The project will be executed through a new special purpose vehicle where JSW Overseas FZE will hold 51% and MDO will hold 49%. The port will be developed in the Dhofar Governorate and is planned to begin commercial operations in the first half of 2029. It is intended to support bulk exports of limestone, gypsum and dolomite from MDO's mineral concessions.Read more

IOI Properties Group is moving ahead with plans to list two separate REITs in Malaysia and Singapore, supported by assets worth up to USD 8 billion. The Malaysian REIT, planned for 2026, is expected to feature domestic properties valued at around INR 7 billion to INR 8 billion, while the Singapore REIT, targeted for 2027, may include major developments such as South Beach and IOI Central Boulevard Towers. The company has begun discussions with advisers and is reviewing asset monetisation options as part of its strategy to strengthen growth and improve long-term stability across core markets.Read more

Solaria Energia y Medio Ambiente has signed a 15-year PPA with Merlin Properties to supply 445 MWp of solar power to Merlin's expanding data-centre portfolio in Spain. The deal supports Merlin's low-carbon energy goals while strengthening Solaria's position in the data-centre market. Solaria's extensive infrastructure-spanning solar plants, substations and distribution lines-allows it to offer fast grid access, a key advantage for energy-intensive data-centre operations. Recent grid-connection approvals have pushed Solaria's committed data-centre demand to over 1 GW. Merlin operates facilities in Spain and Portugal, and the agreement ensures long-term clean energy. The partnership aligns with Solaria's plan to scale its renewables pipeline to 14.3 GW by 2028, including wind and battery storage.Read more

Vietnam's recent government bond auction raised 9.23 trillion dong (USD 350 million), the highest amount since June, with 66% of the bonds sold compared with 31% in the previous week. Total government bond sales this year have reached 287 trillion dong, contributing to public investment projects that drive economic growth. The treasury successfully sold 5- and 10-year bonds but could not sell longer-term bonds. Meanwhile, corporate bond issuances have reached 495.7 trillion dong, with maturing bonds largely in the real estate and banking sectors.Read more

HICL Infrastructure and The Renewables Infrastructure Group are merging to form the UK's largest listed infrastructure company, valued at about 3.98 billion pounds (USD 5.2 billion). The merger combines HICL's broad infrastructure holdings with TRIG's 2.3-gigawatt renewable assets, creating a company with net assets exceeding 5.3 billion pounds. The deal includes a 350 million pound liquidity package, partial cash options, and share allocations of 56% to HICL and 44% to TRIG shareholders. Analysts view the merger positively, citing potential for higher returns, with completion expected in early 2026.Read more

A massive fire in the Saganoseki district of Oita city in southern Japan destroyed more than 170 buildings and continued burning through the night. Over 175 residents moved to an emergency shelter after the fire began in the early evening earlier this week. One person remains missing, and officials have started an investigation into the cause. Aerial images showed homes reduced to debris, smoke across the hillside, and flames spreading toward nearby forested areas. Local authorities requested support, leading to the deployment of a military firefighting helicopter.Read more

Arada, the UAE-based real estate developer backed by Gulf royals, has decided to acquire an 80% stake in the Thameside West mixed-use project in east London. The deal follows the launch of the company's UK operations a few months ago and marks a major expansion of its international portfolio. The development, valued at 2.5 billion pounds (about USD 3.29 billion), is planned to deliver at least 5,000 homes, with the first phase targeting around 1,000 units and construction planned for 2027. This acquisition also lifts Arada's London housing pipeline to 15,000 homes.Read more

Rightmove is facing a potential legal claim worth about GBP 1 billion (USD 1.34 billion) from estate agents who argue that the portal has been charging excessive and unfair listing fees. The action is being led by Jeremy Newman, a former member of the UK antitrust watchdog, and aims to represent thousands of agents unless they opt out. The development follows a recent drop in Rightmove's share price after it signalled slower profit growth next year due to increased investments, including those in artificial intelligence. Market uncertainty, inflation pressures, and an upcoming tax-focused government budget continue to weigh on the UK property sector.Read more