Saudi Arabia's General Real Estate Authority has launched the long-awaited Real Estate Ownership System for Non-Saudi Nationals, effective from 22 January 2026. This new regulatory framework allows residents, non-residents, and international companies to own property across the Kingdom via the "Saudi Properties" digital portal. While major cities like Riyadh and Jeddah are included, specific restrictions remain for Makkah and Madinah to protect their unique status.
Bain Capital Real Estate has successfully secured over $5 billion in new capital commitments, marking a significant expansion of its investment capacity. The firm recently closed its Real Estate Fund III with approximately $3.4 billion, alongside a $1.6 billion raise dedicated to an open-air retail platform with 11North Partners. This total exceeds the $3 billion raised for its previous fund and highlights strong investor confidence despite a difficult real estate cycle.
Hongkong Land Holdings Limited is advancing its corporate strategy with the upcoming launch of the Singapore Central Private Real Estate Fund (SCPREF). Expected to become Singapore’s largest with an AUM exceeding S$8 billion at launch, SCPREF will focus exclusively on managing prime commercial assets in the city-state.
REMAX® has expanded into North Africa with the sale of REMAX Morocco, a new master franchise headquartered in Casablanca. Led by Rachida Khalil and Bilal Dabri, the venture aims to establish more than 100 franchises and recruit over 1,000 agents, further strengthening REMAX’s position as the world’s most productive real estate network.
Saudi Arabia has introduced a five-year rent freeze in Riyadh, halting increases for residential and commercial properties as part of new rules approved by the Cabinet. The measures, effective from 25 September, aim to curb rising rental costs and strengthen protections for both landlords and tenants.
Despite a steep fall in property prices since 2020, Hong Kong has retained its status as the most expensive city in the world to buy a home, according to Deutsche Bank’s latest global survey. The report highlights how housing affordability remains a key challenge in leading financial hubs, as high prices continue to weigh on quality of life across cities such as Hong Kong, Zurich and Singapore.
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