International RE

Barclays said that U.S. President Donald Trump’s executive order to cut housing costs “could do significant damage to investors in mortgage-backed securities if adopted as currently proposed.”Barclays analysts Michael Khankin and Pratham Saxena said in a note that the proposal would benefit those wishing to refinance their mortgages, “at the expense of those who buy real estate, property insurance companies, credit bureaus, real estate appraisers, and current investors in mortgage-backed securities,” according to Bloomberg News."We therefore expect political opposition from the majority of workers in the sector to any large-scale changes," the analysts added, noting that the wording of the executive order "gives the Federal Agency for Housing Finance a broad…

German Interior Minister Alexander Dubrint has said he is seeking to create major obstacles to the nationalization of thousands of homes planned by the Left Party in the state of Berlin.On Sunday, Dubrent said: “We will make it clear in an investment protection law that the arbitrarily nationalization obsession of the left is incompatible with the Basic Law.”The German Interior Ministry confirmed the details of the law to be put forward, for the first time after the newspaper "Bild" had earlier reported on this law, according to the German news agency "DPA". According to these details, the nationalization of rented apartments, for example, will only be allowed if there is a compelling necessity for this procedure, and the state government will then have to prove that it has…

Archi, Georgia’s leading real estate developer, has unveiled the next phase of its prime development in Tbilisi - Archi Grand Avenue, being set up at an investment of GEL 2 billion ($770 million). The project comes as Georgia strengthens its appeal to international buyers, supported by its strategic location between Europe and Asia, free-trade agreements with markets including the UAE, said Archi in a statement.  More than one in four Archi buyers is already international, reflecting growing overseas interest in the country’s property market, it stated. For GCC buyers familiar with internationally branded residences and mixed-use destinations, Archi Grand Avenue brings together hospitality, lifestyle infrastructure and residential ownership within one master-planned…

The data of the European Statistics Agency (Eurostat) released on Tuesday showed the growth of the construction sector in the euro area in August, the highest rate in 5 months.The agency said that the output of the construction sector increased in August by 1.8% per month, compared to a growth rate of 0.2% in July, the highest growth rate since last March, when it recorded 1.9%. Specialized construction activities grew by 2.5 percent, while the civil engineering sector fell 2.1 percent.On a year-on-year basis, the construction sector in the region of 21 EU countries grew by 1.4 percent after contracting at a rate of 1.7 percent in July.

For brokers selling Dubai real estate, the challenge is rarely a lack of interest. It is keeping up with it: answering questions on pricing, payment plans, availability and project details, accurately and quickly, across a growing number of developments. Rechitta was built to take that weight off the brokers. The AI-native platform, powered by verified developer data, gives brokers instant, accurate project information without waiting on a callback or searching through brochures. Rechitta’s core idea has been simple from the start: instead of reading about a project, users can talk to Rechitta. Rechitta presents a development the way a well-briefed sales consultant would; with all the information directly from the developer, with data in real time. That model has now passed 100,000…

Sugee Group, a trusted international real estate developer with nearly four decades of experience, and Wyndham Hotels & Resorts, one the world’s largest hotel franchising companies, have announced a strategic partnership to develop the world’s first Vienna House Residences by Wyndham, bringing its global debut to the Middle East on Al Marjan Island, Ras Al Khaimah. This collaboration is not only a global expansion of the Vienna House brand into the Middle East for the first time; it also marks its new global chapter of residential hospitality. The agreement for the Vienna House Residences Al Marjan Island was formally signed at a ceremony held in Dubai, with the senior leadership from both organisations. Representing Wyndham Hotels & Resorts was Govind Mundra, Head of…

Orders from construction companies in Germany rose in August, driven by a number of large contracts. The infrastructure construction sector has benefited from this boom more than the building construction sector.The Federal Statistical Office announced on Friday in Wiesbaden that orders, after excluding the impact of rising prices and calendar and seasonal factors, increased in August by 23 percent compared to the previous month of July, marking the strongest rise since the start of the data record in 1991.The orders of the infrastructure construction sector increased by 31.6%, exceeding the increase recorded in the building construction sector, which amounted to 12.4%. In a more stable comparison of three months, the main construction sector, with its various branches, recorded a clear…

London Square, a subsidiary of Aldar Properties, plans to deliver about 9,000 housing units in London over the next five years, as part of projects with a total development value of about $6.6 billion (£5 billion), according to the National newspaper The National, citing company officials.The units are distributed over about 30 locations, and include more than 3600 units dedicated to sale, 1538 units within the construction projects for the purpose of leasing, and 3575 units in the category of affordable housing, which benefits from government grants that allow the rental of units at affordable prices.Adam Lawrence, the company’s chief executive, said that London Square plans to start business in 12 locations in 2026, pointing to the continued demand for affordable housing, as…

  Eva Hotels & Resorts has announced the launch of Vilasita, its latest residential development at Zimbali Lakes on the North Coast of KwaZulu-Natal, South Africa. The project comprises 146 luxury residences and forms part of the company’s plan to bring approximately R1 billion worth of property to the market annually over the next five years. Construction is scheduled to begin in the first quarter of 2027, with completion expected by the end of 2028. Werner Berger, CEO of Eva Hotels & Resorts, said the development, alongside the company’s achievements at Zimbali Lakes to date, would help make the resort a driver of growth on the North Coast and establish a new benchmark for high-end real estate in KwaZulu-Natal and across South Africa. Lakefront Living with a…

Economic data showed an unexpected decline in the number of new housing projects that began operating last month in the United States.According to the U.S. Department of Commerce, the number of projects that began operating last month fell by 5.2% to 1.221 million units annually, after falling by 5.9% to 1.288 million units annually in August, according to the revised data.The decline came as a surprise to analysts who expected the number to rise by 2.4 percent to the equivalent of 1.305 million units per year, compared to 1.272 million units per year during the previous month, according to preliminary data.

A report by the National Federation of Household Builders in the United States on Monday showed a larger-than-expected decline in confidence in construction companies this month.The National Union of Housing/Wells Fargo Housing Builders Index for Construction Confidence fell in October by 3 points to 29 points, up from 32 points last month, while analysts had expected the index to fall to 31 points.With the larger-than-expected decline, the index fell to its lowest level since June 2012, according to the German news agency DPA. Robert Dayts, the EU’s chief economic analyst, said: “The housing market is still shrinking due to supply-side constraints and the challenges of affordability. Demand continues, but higher mortgage interest rates, higher construction expenses, and weak…

The wave of inflation and high interest rates caused by the Iran war have increased the burden on those wishing to buy homes and the construction sector in Germany alike, as the cost of mortgage loans has now reached its highest level since 2009.The average interest rate on ten-year mortgage loans was about 4.5 percent, according to data from brokerage firm Interheal, said Jürge Oticht, the company’s chief executive.The average interest rate was still at 3.9 percent in May. The current interest rate, slightly above 4.4%, surpassed the previous peak recorded at the end of 2023, according to the interest rate chart published by the company.