Real Estate

Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s 15% gain so far this year are likely to be overshadowed by doubts about what lies ahead.

Canada is in talks about Indigenous groups having a greater say over Granville Island, a man-made peninsula and tourist magnet in the heart of Vancouver.

A new report from RBC Economics says home affordability in Canada is improving, though strains remain.

Patrick Drahi has transferred his official residency to Israel, signaling a departure from the telecom billionaire’s longstanding base in Switzerland as he turns his focus to the Middle East.

Retail sales rose 0.6 per cent to $67.6 billion in October, led by increases in vehicle sales, said Statistics Canada on Friday.

Chinese developer Logan Group Co.’s revised $8 billion offshore restructuring plan may reduce the funding available for cash payouts to creditors, according to people familiar with the matter, citing a draft of the proposal.

Europe’s corporate bond market will likely see more issuance from Nordic landlords in 2025 after a two-year funding crunch ended this fall with issues by Heimstaden Bostad AB and Castellum AB.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

TPG Inc. is in advanced talks to buy tower operator Crown Castle Inc.’s fiber business for about $8 billion, according to people familiar with the matter.

Even as TikTok faces a looming ban in the US, Chinese parent company ByteDance Ltd. has made it clear it has no plans to sell the popular video app. Frank McCourt doesn’t seem deterred.

The Squaire, a sprawling office, hotel and retail complex next to Frankfurt’s main airport, has struck an agreement to extend debt maturing this month as it struggles with higher vacancy rates and pressure on valuations.

Mortgage rates in the US rose for the first time in four weeks.

It’s been a challenging couple of years for real estate stocks since the Federal Reserve started raising interest rates in 2022, as borrowing costs soared and the property market collapsed. And despite a healthy rebound in the middle of 2024, the outlook for 2025 isn’t particularly encouraging.

Existing-home sales in the US topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Private credit firms want more than corporate lending. The largest are laying the groundwork to finance everything from auto loans and residential mortgages to chip manufacturing and data centers in an effort to swell the size of the market by the trillions.