Avida Land and Amaia Land have signed a strategic partnership with Pag-IBIG Fund to widen housing options for Filipino workers. The agreement allows eligible members to access Pag-IBIG housing loans of up to ₱10 million for select properties. By combining private sector development with government-backed financing, the initiative aims to make quality homeownership more attainable across various income brackets.
ESR has exercised an upsize option on its sustainability-linked refinancing facility after beating its initial US$2 billion target due to high demand from international lenders. The five-year multi-currency loan facility consolidates existing debts and supports expansion across Asia-Pacific logistics real estate, data centres and energy infrastructure. The move follows US$1.1 billion in net debt repayments completed in 2025 as part of ongoing deleveraging plans.
A consortium led by Banque Misr has secured an additional EGP 4 billion syndicated loan for Ora Developers Egypt. The deal raises the total financing for the flagship Zed Sheikh Zayed project in West Cairo to EGP 9 billion, helping to fund remaining construction costs across the 165-acre urban development.
Starwood Capital Group has completed the final closing of its latest global opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII, securing over $10.2 billion in capital commitments. Supported by more than 300 institutional and private investors across 20 countries, the fund has already deployed $3 billion into data centers, housing and industrial assets across the US, Europe and Asia.
Real estate services firm Cushman and Wakefield has completed the 12.25 million USD sale of Monon and Main in Carmel, Indiana. Trading at 354 USD per square foot, the 34,650-square-foot mixed-use property has set a new record for office sales in the state. The four-story boutique building was entirely leased at the time of the transaction.
Global property leader Greystar has finalized the closing of its second pan-European value-add residential fund at over €2.7 billion. The pool of capital represents the largest of its type ever raised for the continent's rental sector. Backed by institutional investors, the vehicle equips the firm with an investment capacity exceeding €6.8 billion to target structural housing shortages across major European cities.
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