Vinhomes has launched a five-year scheme alongside gold and silver companies to help clients convert idle gold into cash to purchase properties. Buyers can later opt to keep the real estate or receive 110% of their converted gold value. The initiative aims to mobilize capital while supporting Vinhomes as it targets a record revenue growth of over 15% this year.
Frasers Logistics & Commercial Trust has agreed to acquire interests in four freehold logistics properties in Germany and the Netherlands for approximately €294.9 million. The portfolio is fully occupied with a 5.7-year weighted average lease expiry. Funded via external debt, the transaction is expected to increase the trust's distribution per unit and expand its total portfolio to 118 properties.
Frasers Hospitality has announced the soft opening of Capri by Fraser in George Town, Penang. Located at 31 Jalan Magazine near the UNESCO World Heritage Site, the 22-storey property marks the brand's debut in the region. The hotel features 248 rooms and residences, integrated heritage architecture and partnerships with local artists and food brands to establish a new social hub.
A major multi-purpose sports park is set to launch in Vietnam later this month. Sun Sports City Ninh Binh, a 22-hectare complex developed by Sun Group, will open in Ha Nam Ward, Ninh Binh Province. The facility features 58 training fields across seven disciplines, including the largest covered pickleball hub in the country, alongside a 3,000-seat stadium built to international standards.
HMK Capital has registered the Salwa REIT Fund, establishing Qatar's first-ever real estate investment trust collective investment fund under the Qatar Financial Centre regulatory framework. The milestone vehicle introduces an accessible structure for local and international investors to own income-generating property assets, aiming for a future Qatar Stock Exchange listing to improve capital market depth, increase liquidity and support national financial diversification strategies.
Episurf Medical has signed a SEK 660 million deal to acquire 45 vehicle inspection and logistics properties from Lilium. The acquisition adds SEK 49 million in annual rental income to Episurf's growing Nordic real estate platform, expanding its industrial footprint across Sweden with a highly occupied portfolio backed by stable public and private tenants.
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