IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Real Estate

Prime Minister Mark Carney has launched Build Canada Homes, a new federal agency tasked with rapidly increasing affordable housing across the country. Backed by a $13 billion investment, the initiative will deploy public lands, modern construction technologies, and private-sector partnerships to double housing output, reduce homelessness, and restore affordability.
A consortium of Evia, Gamuda and Ho Lee has topped the tender for Yishun’s Chencharu Close site with a $1.01 billion bid, paving the way for a landmark mixed-use development.
PENLER has surpassed USD 1 billion in portfolio value, expanding its footprint across the Sunbelt with new acquisitions, developments, and leadership appointments.
The first North Africa Smart Infrastructure Summit opened in Rabat on 10 September 2025, spotlighting Morocco’s achievements and future priorities in sustainable infrastructure, transport, and logistics.
Egypt has signed an $18 billion agreement with Emaar Misr and City Stars to develop Marassi Red Sea, a major coastal project in the Red Sea governorate scheduled for completion within four years.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.

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