Property giant Greystar has confirmed a new partnership with Dallas-based operator Lantower Residential to take over its management operations. The move will see Lantower exit the property management sector entirely. Greystar is set to assume responsibility for 23 multifamily communities which represent nearly 7,900 units across the United States. The transition began on February 17 and includes two sites currently under development that are expected to begin leasing in the first quarter of 2026.
Council officials have greenlit a massive £531 million investment package to upgrade social housing across North Lanarkshire. The five-year plan aims to improve living standards for thousands of tenants by modernising kitchens, bathrooms and windows. A significant portion of the funding is dedicated to energy efficiency to help residents lower their heating costs. The scheme also includes the regeneration of several local estates and the demolition of older properties.
Aston Martin is bringing its signature British luxury to South American shores with the announcement of a landmark residential tower in João Pessoa, Brazil. Partnering with Setai Grupo GP, the 45-storey development marks the brand’s first foray into the region's real estate market.
CapitaLand Ascott Trust has acquired three rental housing properties in Greater Tokyo for JPY4.6 billion. Located in Southern Kanagawa, the freehold assets boast occupancy rates above 95 per cent and offer stable, long-term returns. This move increases the trust’s living sector portfolio to 17.5 per cent of its total value. The acquisition aligns with a broader strategy to expand presence in key Japanese markets through resilient, income-generating assets.
Alramz Real Estate has entered into a SAR 91 million agreement with PIF-owned ROSHN Group to develop two residential plots in Riyadh. Spanning 14,128 sqm within the SEDRA community, the project will deliver an estimated 240 new homes. This strategic deal includes all design and construction works, following the high standards of the ROSHN masterplan. The project is expected to boost Alramz’s financial performance through 2028.
Danube Properties has unveiled Serenz by Danube, a 50-storey residential landmark in Jumeirah Village Circle. Featuring over 40 amenities across 120,000 square feet, the project offers fully furnished units starting at AED 850,000. Strategically located for quick road access, the development utilizes a 1 per cent monthly payment plan. The launch event included group leadership and brand ambassador Brett Lee, highlighting a significant expansion in Dubai's premium property market.
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