Ayala Land has increased its capital investment in the 320-hectare Lio Estate in El Nido, Palawan, to cater to growing demand for long-stay tourism and second homes. The expansion includes new transport links, a 3.7-kilometre boardwalk and a 16.3-hectare mixed-use district called Sitio Aplaya, while dedicating more than half of the coastal development to protected ecological zones.
CoStar Group has acquired an approximate 30 per cent stake in Italy's agent-backed real estate platform Wikicasa. The deal integrates Wikicasa's database of 600,000 listings with CoStar's global networks like LoopNet. The partnership aims to accelerate digital transformation in the Italian property market by expanding international visibility for local listings and encouraging the widespread adoption of Matterport 3D digital twin technology.
Starwood Capital Group has completed the final closing of its latest global opportunistic real estate fund, Starwood Distressed Opportunity Fund XIII, securing over $10.2 billion in capital commitments. Supported by more than 300 institutional and private investors across 20 countries, the fund has already deployed $3 billion into data centers, housing and industrial assets across the US, Europe and Asia.
Skanska has secured a SEK 370 million contract with Lundbergs Fastigheter to build four rental apartment buildings in Jönköping. The project in Södra Munksjön will feature commercial spaces, underground parking and a total gross area of over 21,700 square meters. Construction starts in mid-2026, with completion scheduled before the end of 2028 under the Miljöbyggnad Silver environmental standard.
The European Bank for Reconstruction and Development has approved a €25 million local currency loan for Tavan Bogd Holdings. The capital will fund the first phase of the Gerlug Green Complex in Ulaanbaatar, a mixed-use development creating sustainable housing for 1,000 people and commercial space for 30 businesses while targeting international EDGE green certification.
Dubai Islamic Bank has introduced its Unlocking Sustainable Finance initiative, starting with an inaugural real estate forum in the UAE. The event gathered 80 industry leaders and concluded with major green property agreements alongside the launch of the bank's client advisory platform, Green Concierge.
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