Homes England has announced 33 strategic partners to support the government's £39 billion Social and Affordable Homes Programme. Running from 2026 to 2036, the ten-year initiative represents a major public investment in housing outside London. The selected housing associations, councils and developers will build thousands of social and affordable homes to meet growing regional demand across the country.
Al Saidan Real Estate has appointed Abdullatif Almuhaideb as Chief Executive Officer to lead its next growth phase. The strategic move coincides with the rollout of the company's ATRIUM 2026-2030 roadmap, which aims to improve operational efficiency and scale high-quality developments. Almuhaideb brings over 15 years of industry experience to the role.
Philippine property giant Megaworld is expanding its hospitality arm, aiming for nearly 12,000 hotel rooms by 2032. The rollout covers key locations such as Palawan and Ilocos Norte alongside major urban hubs. To support this growth, the firm established Megaworld Global Hotels and Resorts, splitting management into two specialised groups. The strategic restructuring follows strong financial momentum, driven by rising revenues and new regional hotel openings.
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.
Sotheby's International Realty has expanded into Vietnam with the opening of Vietnam Sotheby's International Realty. Based in Ho Chi Minh City, the new launch represents the company's 18th location in Asia. The business will represent high-end housing schemes and individual properties across the country, aiming to connect Vietnamese buyers with international properties while presenting domestic luxury developments to global investors.
The American property firm GID has announced a major expansion of its residential development platform into the Texas market. Directed by industry veteran Matt Miller, the initiative targets regional housing demand, rising populations and job growth. The group plans to build on its existing multi-state pipeline, utilising its integrated property management, construction and design capabilities to deliver new multifamily housing communities across high-priority regions.
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