The Securities and Futures Commission has launched a new REIT Channel and streamlined authorisation process to accelerate the approval of real estate investment trusts in Hong Kong. The initiative aims to enhance efficiency, improve transparency, and promote the city’s growth as a leading REIT and investment hub.
Alpine Income Property Trust, Inc. has acquired a three-property portfolio spanning Illinois, Virginia and Louisiana for $2.8 million, achieving a weighted average cash yield of 8.5%.
Fermi, co-founded by former U.S. energy secretary Rick Perry, has raised $682.5 million in a U.S. IPO, reflecting strong demand for AI-driven data infrastructure. The Texas-based company, valued at $12.46 billion, is building a massive energy and data campus set to supply 11 GW of power by 2038.
The Indian REITs Association has joined the Global REIT Alliance, linking up with members from 24 countries to strengthen international cooperation, improve market standards, and expand India’s role in the global real estate investment trust sector.
Flagship REIT has expanded its senior revolving credit facilities to $500 million, strengthening its capital structure and providing flexibility for future acquisitions and developments in the outpatient healthcare space.
AvalonBay Communities will join Bank of America’s Global Real Estate Conference on 9 September, while reporting that its Q3 Same Store revenue growth to August remains in line with expectations.