IRHM, Your Global Window into Real Estate and Hospitality

August 20, 2026

Residential

Huong Viet Properties has teamed up with 32 strategic partners to launch Palm River, a new apartment subdivision within the 30.6-hectare Palm City development in eastern Ho Chi Minh City. Built on a 1.9-hectare plot with 60 percent green space, the complex comprises four 36-story towers. Construction began in June 2026, with handover scheduled for the first quarter of 2029.
Greystone Capital Advisors has arranged a $103 million bridge loan for Vantage Communities Inc. to refinance three residential developments in Central Texas. The floating-rate debt covers 864 Class A units across the Austin and San Antonio areas. Provided by Benefit Street Partners, the interest-only facility features an initial three-year term with extension options to support the portfolio through full property stabilisation.
Border to Coast Pensions Partnership has agreed a £400 million deal to acquire 866 single-family homes from Leaf Living. The acquisition encompasses 12 estates across the South East of England, representing the UK's largest single-family housing transaction this year. The deal expands the pension pool's UK Real Estate Fund, which now holds over £2 billion in local government pension assets.
Aldar Properties has recorded AED 1.5 billion in sales during the initial release of The Canopies, a six-building residential community situated at Yas Point on Yas Island. The launch attracted strong international interest, with first-time buyers accounting for 84% of total sales across the development.
Northern LGPS and LPPI are launching Four Corners, an in-house property management platform overseeing 5,478 rental homes across England, Scotland and Wales. Following their December 2025 acquisition of PRS Holdco's housing portfolio, the joint venture plans to deploy £1 billion over the next decade to build more than 15,000 new homes, leveraging pension funds to address the UK’s chronic rental supply shortage.
AtkinsRéalis subsidiary Edaroth has finished 12 affordable homes across four sites in Epsom, Surrey, for Raven Housing Trust. Built using offsite modern methods of construction, the development aims to provide a repeatable model for social housing providers across the UK. The scheme exceeds current government targets for offsite manufacturing while meeting future environmental efficiency standards.

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