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.
Ambassadori Island Batumi has signed a major international investment agreement with Dubai-based HOLM Developments. The UAE firm will construct a 140,000 square metre multifunctional complex on the artificial island, representing an investment of over $250 million. The deal highlights growing foreign direct investment in Georgia's real estate market, backed by secure investment frameworks and strong economic potential in the Black Sea region.
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.
The Real Brokerage and RE/MAX Holdings have finalised their business combination, forming Real REMAX Group Inc. The deal introduces the new trading symbol REAX on the Nasdaq following a 10-for-1 share consolidation for Real investors and stock or cash payouts for RE/MAX shareholders. Chief Executive Tamir Poleg highlighted the move as a transformational step for property technology and network expansion.
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-REIT has secured a S$200 million sustainability-linked unsecured revolving credit facility from Oversea-Chinese Banking Corporation Limited. The manager, ESR-REIT Management (S) Limited, announced that trustee Perpetual (Asia) Limited finalised the agreement. The money will support general corporate needs, including debt refinancing and asset upgrades across the group. The two-year agreement strengthens the trust's capital position while aligning its financial operations with clear corporate environmental goals.