Clar Preferential Offering Closes with 74.5% Valid Acceptances; Total Applications at 244.2%
CapitaLand Ascendas REIT closed its non‑renounceable preferential offering with 74.5% valid acceptances, representing 96.1 million units out of 129.1 million offered. Total applications reached 244.2% of the offering, driven by excess demand of 219.3 million units. The raise targets roughly S$300 million (~$222 million) to fund industrial asset acquisitions in Singapore and Japan. New units will list on the Singapore Exchange on April 23 at an issue price of S$2.35‑2.40 ($1.74‑$1.78).
DFW Still Leads U.S. In Corporate Relocations, But Momentum Slows
Dallas‑Fort Worth remains the nation’s top destination for corporate headquarters relocations, but its momentum slowed in 2026 as rival metros such as Miami, Charlotte and Phoenix intensify competition and rising home prices curb appeal. The market added over 100 HQs...
Canadian Shopping Centre Performance Trends (2023–2025)
New ICSC data for 2023‑2025 shows Canadian retail sales per square foot becoming increasingly concentrated in a handful of high‑traffic malls. Yorkdale, Toronto Eaton Centre and Pacific Centre posted sales above $1,300 psf, while many mid‑tier assets linger below $700 psf, widening...
Count of Second Homes Declines in 2024
U.S. second homes declined to 6.2 million in 2024, representing 4.3% of the housing stock, down from 6.5 million in 2022. The drop signals a modest cooling after the pandemic‑driven surge. Florida remains the leader with nearly 944,000 units, while eight states...
Singapore-Listed REIT Buys Dutch Logistics Asset for €43m
Frasers Logistics & Commercial Trust (FLCT), a Singapore‑listed REIT, has purchased a logistics asset in the Netherlands for €43 million (approximately $47 million). The acquisition lifts the trust’s total portfolio value to near S$7 billion, roughly $5.2 billion. The deal adds a European warehouse...
Flight to Quality Drives U.S. Downtown Office Market in 2025
CBRE’s analysis of the 100 largest U.S. office leases signed in 2025 reveals a pronounced shift toward downtown, premium‑class space. More than half of the deals—54%—were in central business districts, representing about 59% of the total square footage, while prime...
Weak Confidence Weighs on Canada’s Spring Housing Season
Canada’s spring housing market opened 2026 on a muted note, with the national average home price slipping 2.0% year‑over‑year to C$812,900 (about US$593,000). Quarter‑over‑quarter prices were flat, edging up 0.7%, hinting at a possible price floor despite lingering consumer hesitancy....
Commission Changes Haven’t Killed Deals, but ‘Worrisome Trends’ Loom
A new Consumer Federation of America report, released April 16, finds that real‑estate commissions have barely changed since the National Association of Realtors settlement, with only 7% of housing counselors noting lower fees. First‑time and low‑income buyers still struggle with affordability,...
The Infrastructure Capital Recycling Machine in Action
Prologis' first‑quarter report shows a notable shift of its development capital toward data center construction, reflecting broader investor interest in digital infrastructure. Blackstone has filed to launch a $2 billion data‑center REIT, while the partnership between Prologis and GIC creates a...
Magna Secures £150m Package to Fund Plans for 1,500 Homes
Magna Housing has secured a £150 million ($190 million) financing package from Allied Irish Bank, Barclays and Nationwide to fund the construction of 1,500 new homes over five years. The deal includes a £70 million ($89 million) term loan and £80 million ($102 million) of revolving...
Westfield Stratford Refinancing Set to Boost Europe’s 2026 CMBS Issuance
Westfield Stratford, a premier London shopping centre, is launching a £750 million (about $960 million) securitisation to replace its senior debt with a new CMBS tranche. The refinancing extends loan maturities, reduces interest expenses, and frees cash for upgrades and tenant incentives....
The Magic Formula: Ontario Should Follow Alberta’s Lead on Housing
Ontario’s housing starts dropped 12% to 65,376 units in 2025, while Alberta posted a record 54,858 starts, a 15% increase. The article blames high development charges, a 36% tax burden on new homes and slow approval processes for Ontario’s slowdown....
Trinova to Deploy €200m on Distressed Real Estate Loans
Trinova has secured a €200 million (~$216 million) mandate to restructure non‑performing real‑estate loans across Europe, focusing on the UK, Germany and the Nordics. The fund will target distressed office, residential, hotel, logistics and mixed‑use assets, offering flexible solutions to lenders looking...
Condo Investors Might Have a ‘Buy the Dip’ Opportunity in the GTHA Right Now
The Greater Toronto and Hamilton Area condo market entered its fifth year of decline in Q1 2026, with sales plunging 52% YoY to just 246 units. Unsold, completed inventory surged to a record 4,295 units, creating roughly 92 months of...
NewRiver Closes £240m Refinancing, Returns to Unsecured Structure
NewRiver Commercial Real Estate has completed a £240 million (≈$305 million) refinancing that returns the company to an unsecured debt structure. The new facility, funded by its existing lender syndicate, extends loan maturities by up to five years and trims borrowing costs...
3 Homebuilder Stocks Signaling Opportunity in a High-Rate World
U.S. homebuilders are poised to benefit from a persistent housing supply gap that is projected at over 4 million units by 2025, while mortgage rates hover near 7%. The shortage, compounded by a missing 1.82 million Millennial and Gen Z households, forces buyers...
Buyers Left Waiting as Transactions Take Longer than Ever to Reach Exchange
Homebuyers are waiting longer than ever, with 43% of UK sales taking over 17 weeks to reach exchange in February 2026 – the highest level on record. Despite the delay, branch‑level activity remains resilient, averaging 7.3 sales agreed per office...
Landlord Exodus Slows as Proportion of Rental Sell-Offs Falls by Almost Half
The proportion of former rental homes hitting the market dropped sharply, falling from 22.5% in Q1 2025 to 12.4% in Q1 2026 – a 45% year‑on‑year decline. London saw the steepest fall, with a 51% reduction in rental sell‑offs. Most sold former...
Latest ONS Construction Figures Show Fall in Private Housing Output
The Office for National Statistics reported a 2% drop in UK construction output for the three months to February 2026, driven primarily by a 6.5% fall in private‑housing new work. While overall new work fell 3.4%, repair and maintenance remained flat,...
Mortgage Searches Hit 2.15m in March as Borrowers Respond to Uncertainty
Mortgage searches in the UK jumped to 2.15 million in March, a 19% rise from February and 17% year‑on‑year, the highest level recorded in 2026. Remortgage queries led the surge, up 32% month‑on‑month, as borrowers nearing the end of fixed‑rate deals...
MetSpace Reports Deals Uptick as London’s Managed Office Market Soars
MetSpace, a London‑focused managed‑office specialist, reported a 78% average annual increase in operator agreements over the past four years, while managed‑office supply more than doubled between 2024 and 2025. Occupancy across its 100‑plus locations averaged 93%, well above the 80%...
Kirill Vyalykh: Demand for Real Estate Investment Remains One of the Strongest Worldwide
APAC real‑estate investment intentions have reached a four‑year high, with Tokyo and Singapore drawing capital as safe‑haven markets. Phuket9, under CEO Kirill Vyalykh, achieved roughly sevenfold growth during the pandemic by shifting to a full‑cycle, in‑house model and pioneering remote...
NYC Pension Funds to Deploy $4B for Affordable Developments
New York City Comptroller Mark Levine announced a $4 billion commitment from the city’s five public pension funds to finance affordable‑housing development and rehabilitation over the next four years. The plan earmarks $750 million in the first year and $500 million for the...
‘Increasingly Worse Vibes’ Hampering Spring Housing Market
Mortgage rates edged lower this week, with the 30‑year fixed averaging 6.3%, the lowest level in about a month and down from 6.83% a year ago. Despite the modest decline, home‑buyer demand remains muted; purchase applications are still down year‑over‑year...
NY Developers Dish on Future of Offices at TRD Roundtable
At a recent Real Deal roundtable, Manhattan developers and landlords discussed a bifurcated office market driven by AI‑heavy tenants, a flight‑to‑quality (and now experience) mindset, and record‑setting Class A rents. Bruce Mosler of Cushman & Wakefield highlighted that new development is achieving unprecedented rent...
Shifting Cap Rates Reshaping Opportunities for Commercial Mortgage Brokers
Commercial mortgage brokers are seeing cap rates normalize across major U.S. industrial markets. In Los Angeles and the Inland Empire, rates have climbed from pandemic lows below 4% to roughly 6% as pricing corrected and new supply entered. Midwestern hubs...
Three Floors of Moinian’s W Downtown List for $22M
An Asian investor is offering three floors of the W Downtown Residences for $22 million, comprising 24 furnished studio and one‑bedroom units. The block, spanning 14,000 sq ft on the 27th‑29th floors, is currently master‑leased to Blueground, which operates them as extended‑stay rentals....
Buy-to-Let Repossessions Rise by 10% as Landlords Face ‘Tough Times’ Ahead – What You Can Do Now
Buy-to-let mortgage repossessions in the UK jumped 10% to 770 properties in Q4 2025, the highest level since 2024. New landlords taking out BTL loans in April face roughly $1,650 higher annual repayments, while rents outside Greater London have flat‑lined...
Mortgage Rates Drop to 6.3%
The Freddie Mac 30‑year mortgage rate slipped 7 basis points to 6.30% after a cease‑fire was announced in the Iran conflict, a move mirrored by a decline in the 10‑year Treasury yield. While the dip offers a brief reprieve, its durability...
Access Point Reveals $375M Capitalization for Studio 6 Conversion Initiative
Access Point announced a $375 million financing package to acquire and rebrand a 38‑hotel portfolio as Studio 6 properties. The deal includes $286 million of senior debt from Citi and a mezzanine layer funded by Access Point, secured on an accelerated timeline. The...
Mortgage Rates in 2026 Predicted to Drop: These 3 Signals Tell You It's Time to Buy
Mortgage rates for 30‑year fixed loans sit around 6.44% and could fall to 5.9% by year‑end, according to Fannie Mae. Home price appreciation is projected between 0% and 4%, while inventory is rising as owners trade low‑rate homes. Three tax‑related signals—DTI...
U.S. Property Taxes Near $400 Billion in 2025
U.S. property taxes reached $396.8 billion in 2025, a 3.7% rise despite a modest 1.7% dip in average home values. The national effective tax rate climbed to 0.9%, the highest level since 2020, pushing the average bill to $4,427. Illinois, New...
Everything You Need to Know About Refinancing Commercial Real Estate
Commercial real estate (CRE) refinancing in 2026 faces a steep climb as borrowers confront rates near 7% versus the 4% deals of the mid‑2010s. A massive "maturity wall" of roughly $875 billion in loans due this year forces owners to reassess...
“Worst I’ve Seen It”: Tight Inventory Is Rankling the Hamptons’ Resi Market
The Hamptons residential market is experiencing a severe inventory crunch, with listings down 10% year‑over‑year and luxury listings falling more than 35% in the first quarter. The scarcity has driven prices higher, pushing the median luxury home price up 30%...
Banks Won't Get Serious About Climate Risk Until GSEs Make Them
Former FHFA chief economist Alexei Alexandrov argues that climate risk in U.S. mortgages will only be addressed when the government‑sponsored enterprises (GSEs) embed forward‑looking insurance costs into underwriting. Escalating flood and wildfire exposure is already driving higher premiums and pressuring...
M7 Deploys €37.5m Into German Logistics Assets for ESCIP Platform
M7 Capital has committed €37.5 million (approximately $41 million) to acquire logistics assets in Germany via the ESCIP platform. ESCIP is a joint‑venture vehicle jointly backed by AustralianSuper and Oxford Properties, targeting high‑growth warehouse space. The deployment marks M7’s latest push to...
March 2026 Rental Report: Renting Beats Buying in All 50 Major U.S. Metros — and the Savings Gap May Be...
The March 2026 Rental Report shows a 32‑month streak of year‑over‑year rent declines across the 50 largest U.S. metros, with the national median asking rent falling to $1,669, 1.5% lower than a year ago but still 17.5% above pre‑pandemic levels. Renting...
Foreclosures Jump 26% in First Quarter With Surprising Midwestern State Leading the Nation
Foreclosure activity in the United States surged 26% year‑over‑year in Q1 2026, reaching 118,727 properties. Both foreclosure starts and completed foreclosures rose sharply, up 20% and 45% respectively, though overall levels remain far below the 2007 subprime peak. Indiana posted...
LondonMetric Reaping Rewards of Focus on ‘Winning Sectors’ as Rental Income Rises
LondonMetric reported a 16% jump in net rental income to £450 m (≈$576 m) for the year, driven by its focus on "winning sectors" despite volatile bond yields and liquidity constraints. The £7.6 bn (≈$9.7 bn) triple‑net portfolio achieved 98% occupancy, with an average...
Shrinking Rent Savings in DC Ease Path to Homeownership for Aspiring Buyers
The March 2026 Realtor.com rent report shows the gap between renting and buying a starter home in Washington, DC narrowed, with the renter advantage dropping $338 to $707 per month. Nationally, the average savings from renting versus buying fell to...
Term Sheet: Apollo Goes Big on Hostels, Banks Back Polish Retail Portfolio, CapitaLand Raises for Asia-Pacific Lending
Apollo Global Management is providing a €874 million (≈$944 million) loan to a European hostel platform, signaling strong private‑credit interest in the hospitality sector. In Poland, asset manager EPP secured bank financing to refinance its prime retail portfolio, reinforcing confidence in the...
We’re Building More Affordable Housing These Days. It’s Still Not Enough.
In 2024 the United States completed more than 91,000 affordable rental units, the highest annual total in the past decade. From 2010 to 2024, construction of income‑restricted housing grew 73%, outpacing market‑rate development. Affordable units now represent nearly 14% of...
LondonMetric Reports 16% Rise in Rental Income to over £450m
LondonMetric announced a 16% jump in rental income, now exceeding £450 million (about $576 million). The portfolio’s occupancy stayed robust at 98%, underscoring sustained tenant demand. Long‑term lease structures underpin the income surge, enhancing cash‑flow visibility. The results position the REIT ahead...
How Much Should You Pay for a Plot of Land? This Is How to Value a Self Build Site
Buying a self‑build plot in the UK is often driven by scarcity and competition, leading many buyers to wonder if they are overpaying. The article explains that the most reliable method to price a site is a residual valuation, which...
Buy-to-Let Lending Rose in Q4 2025 Amid Remortgaging Growth
Buy‑to‑let mortgage lending in the UK jumped 18.2% in number and 21.3% in value in Q4 2025, with 59,489 new loans totalling £11.2 bn (≈$14.2 bn). The surge was almost entirely driven by landlords refinancing existing debt, while fresh purchase financing remained flat....
Property Market Stabilises but Affordability and Uncertainty Slow Activity
The UK property market showed modest stabilization in Q1 2026, with buyer‑friendly conditions but muted transaction momentum. Listing volumes rose 3% year‑on‑year, led by a 6% jump in January, while sold‑subject‑to‑contract activity stayed 8% below a year earlier. Mortgage valuation activity...
Major Housebuilder Cuts Land Buying Plans Amid Global Uncertainty
Barratt Redrow, one of Britain’s biggest housebuilders, announced it will approve only 7,000‑9,000 land plots this year, down from its earlier 10,000‑12,000 target. The cut reduces projected land spending to £700‑£800 m (about $875‑$1 bn), a modest decline from the prior £800‑£900 m...
WEBINAR: UAE Projects Market 2026
The upcoming MEED webinar on 28 April 2026 will dissect the UAE’s projects market, reviewing 2025 performance and the value of work awarded year‑to‑date in 2026. Organisers will assess how the Iran conflict is reshaping supply chains, material costs, and war‑risk premiums...
Private Rents in Great Britain Stop Rising for First Time Since 2017
Private rents in Great Britain have stalled for the first time since 2017, with the typical advertised rent outside London holding steady at £1,370 (about $1,740) per month in Q1 2026. The market shows 26% of listings cutting prices—the highest...
The 1% Rule of Real Estate Investing
The 1 % rule is a quick screening metric that requires a rental property's gross monthly rent to equal at least 1 % of its all‑in purchase price, including repair costs. Originating in an era of high mortgage rates, it helps investors...