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.
Long-serving Newmark Group CEO Barry Gosin will transition into a full-time role as Chairman of operating company Newmark & Co. Real Estate, Inc. at the end of December 2026. Gosin, who has led the firm since 1979, has signed an agreement to remain Chairman until 2029 to support high-impact initiatives. Newmark’s Board of Directors plans to select a new Chief Executive Officer by year-end.
AREIT, Inc. recorded a 36 per cent increase in first-half net income to P5.8 billion, driven by strong revenues and portfolio expansion. Total revenues rose 30 per cent to P7.7 billion, while assets under management reached P159.4 billion. The firm has proposed a P20 billion asset infusion from Ayala Land, Inc., which will increase its total portfolio value to P179 billion following pending regulatory approvals.
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.
Real asset manager ESR has appointed Reini Otter as Chief Executive Officer for its Australia and New Zealand operations. Based in Sydney, he will oversee regional growth, focusing on fund management, logistics real estate and data centres. He succeeds Phil Pearce, who established the regional branch in 2018 and now steps into the role of corporate President following the company's 2025 privatisation.
Ayala Land Offices’ One Ayala East and West Towers in Makati City have achieved LEED Gold certification for their 74,531-square-meter commercial space. Alongside the South Tower, all three buildings have also secured EDGE Zero Carbon status via 100% renewable energy use and efficiency measures, offering global tenants premium office space aligned with strict corporate ESG targets.
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