GO Residential REIT has agreed to purchase 27 properties from H&R REIT for approximately US$2.8 billion. The deal expands GO's presence across the US Sunbelt region and New York City, adding nearly 13,300 suites to its portfolio. Following completion in late 2026, the combined entity will become Canada's second-largest publicly traded residential REIT by enterprise value while improving its leverage profile.
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.
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.
Private equity firm Blackstone has agreed to finance the purchase of HSBC’s Australian home loan portfolio, valued at A$36 billion (US$25 billion). The deal stands as the largest mortgage portfolio transaction globally. Non-bank lender Pepper Money will handle local loan servicing, ensuring a smooth transition for existing banking clients while expanding Blackstone's Asian credit operations.
Aldar Properties has recorded AED 1.5 billion in sales during the initial release of The Canopies, a six-building residential community situated at Yas Point on Yas Island. The launch attracted strong international interest, with first-time buyers accounting for 84% of total sales across the development.
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.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
