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Hepsor AS and EfTEN Special Opportunities Fund’s joint venture Hepsor SOF OÜ acquired two new properties at Lasnamäe
Globenewswire· 2025-07-22 09:45
Group 1 - Hepsor AS and EfTEN Special Opportunities Fund's joint venture, Hepsor SOF OÜ, acquired properties at Narva mnt 150 and 150a for EUR 6.3 million, generating a profit of EUR 2.8 million for Hepsor, with EUR 1.4 million realized in Q3 2025 [1] - The acquisition is part of a larger cooperation project in Lasnamäe, Tallinn, which includes the construction of approximately 300 homes and some commercial premises, with the first construction stage set to begin in 2026 [2] - Hepsor has completed the Paevälja courtyard houses project in the same area, building 100 new homes, and plans to construct around 500 new homes and 4,200 m² of commercial space in the broader development area [3] Group 2 - Recent approvals for detailed plans in December 2024 and May 2025 will enable Hepsor to build an additional 400 homes in the development area [4] - The Lasnamäe district is one of the most densely populated residential areas in Estonia, with low development competition, making the project strategically important for Hepsor [5] - The partnership with EfTEN is expected to enhance the quality of life in Lasnamäe and strengthen Hepsor's capital structure, leveraging EfTEN's experience in property investment [6]
观楼|西市区又一零公摊项目首开,5号线世博段预留空间商业开发将启幕
Xin Lang Cai Jing· 2025-07-22 08:42
Market Overview - In the week of July 14-20, 2025, Kunming's real estate market saw a decline in transaction volume while prices remained stable, with only one new project launched, the Oriental Runqi, which sold 143 units at an average price starting from 10,000 yuan per square meter [1][5] - According to the latest data from CRIC, the total transaction volume was approximately 51,500 square meters, a 13% decrease week-on-week, while the average transaction price increased by 1% to about 12,547 yuan per square meter [1][3] Project Launches and Sales - The Oriental Runqi project, notable for its zero public area design, opened with three high-rise buildings and a total of 314 units, achieving a subscription of 148 units and a sales rate of approximately 47% at an average price between 10,000 and 12,000 yuan per square meter [5][6] - Other high-end projects such as Midea Beijing Road No. 9, Bangtai Guanyun, and Longhu New Hope Jinchun Tianyao also performed well, with sales of 0.29 billion, 0.28 billion, and 0.28 billion yuan respectively, and average prices around 19,192 yuan, 18,978 yuan, and 17,453 yuan per square meter [3][5] Land Supply and Development - No land was supplied or sold in Kunming's main urban area during the week, indicating a potential stagnation in new land development [3] - The Kunming Metro Line 5's commercial development project is moving forward, with recent announcements for surveying and consulting services, marking a significant step in the transit-oriented development (TOD) initiative [6][8] Urban Renewal Projects - The Huahuiying Village urban renewal project is set to advance, with a recent announcement for the construction of basic infrastructure along Chunrong West Road, which is approximately 280 meters long and 60 meters wide, with an estimated total investment of about 49.17 million yuan [10][11]
Arco Vara AS Initiates Exit Process from the Bulgarian Market to Refocus on Estonian Development Projects
Globenewswire· 2025-07-22 06:00
According to Kristina Mustonen, Member of the Management Board of Arco Vara, this is a well-considered and forward-looking decision. "Exiting Bulgaria allows us to focus even more clearly on our core market – Estonia. Our major project in the Luther Quarter, one of the most attractive development areas in Tallinn, requires strong leadership, focused attention, and financing capacity. By freeing up resources from Bulgaria, we will be better positioned to realise the growth potential of our Estonian projects ...
Vallourec and Vinci Immobilier Announce the Signing of a Sale Agreement for the Déville-Lès-Rouen Site
Globenewswire· 2025-07-22 05:30
Core Points - Vallourec has signed an exclusive sale agreement with VINCI Immobilier for the Déville-lès-Rouen site, marking a significant milestone in the selling process [1][6] - The sale follows a major decontamination and rehabilitation process initiated by Vallourec since 2023, fulfilling commitments to local officials [2] - VINCI Immobilier's project aims to transform the site into a business hub, creating 300 jobs and providing spaces for local businesses [4] Company Overview - Vallourec is a leader in premium seamless tubular solutions, serving energy markets and demanding industrial applications, with nearly 13,000 employees across more than 20 countries [7] - VINCI Immobilier, a subsidiary of the VINCI Group, operates in property development, managed residences, and real estate services, focusing on urban planning and sustainable development [9][10]
中国房地产-AlphaWise 2025 年 7 月中国房地产调查:市场情绪进一步恶化-China Property-AlphaWise China Property Survey July 2025 - Sentiment Worsened Further
2025-07-22 01:59
Summary of the AlphaWise China Property Survey July 2025 Industry Overview - **Industry**: China Property - **Survey Conducted**: July 14-16, 2025 - **Sample Size**: 2,060 residents across Tier 1 to Tier 4 cities - **Margin of Error**: ±1.7% at 90% confidence level [6][7] Key Findings Housing Price Outlook - **Worsening Sentiment**: A net 33% of respondents expect housing prices to fall in the next 12 months, a slight improvement from 36% in April [2][15] - **Tier 1 Cities**: 50% of respondents in Tier 1 cities anticipate a decline in housing prices, compared to 45% in Tier 2 cities [2][15] Home Selling Trends - **Urgency to Sell**: 44% of potential home sellers plan to sell within the next six months, down from 47% in April [3][18] - **Willingness to Accept Losses**: 56% of homeowners are willing to take a loss on their sale, up from 43% in April. Only 18% insist on selling above their purchase price, down from 21% [3][19][22] Home Purchase Plans - **Weak Purchase Intentions**: 51% of respondents are likely to consider buying property in the future, a slight increase from 49% in April. However, only 16% are "extremely likely" to purchase, up from 15% [4][11] - **Short-term Expectations**: Only 3% expect to make a purchase within the next 12 months, indicating continued caution among potential buyers [4][11] Investment Recommendations - **Defensive Strategy**: Given the weak physical market expected to persist into Q3, a cautious and selective investment approach is recommended [5] - **Stock Suggestions**: - **Consumption Beneficiaries**: CR Land (1109.HK) and CR Mixc (1209.HK) - **High-Dividend-Yield Plays**: C&D (1908.HK) and Greentown Management (9979.HK) [5] Additional Insights - **Negative Feedback Loop**: The combination of increased inventory, weak purchase plans, and homeowners' willingness to sell at a loss may prolong declines in property sales and home prices into Q3 [1][4] - **Market Dynamics**: The survey reflects a broader trend of declining confidence in the property market, particularly in major urban centers [2][17] Conclusion The AlphaWise survey indicates a continued decline in sentiment regarding the Chinese property market, with homeowners increasingly willing to accept losses and potential buyers remaining cautious. Investment strategies should focus on defensive positions and companies with strong visibility in the current market environment.
Limitless X Holdings Inc. Highlights Global Brand Momentum with Manny Pacquiao, Signals High-Impact Strategic Initiative With International Icon
Globenewswire· 2025-07-21 12:30
Limitless X Holdings Inc. Boxing legend Manny “PacMan” Pacquiao lands a powerful straight left on WBC Welterweight Champion Mario Barrios during their electrifying pay-per-view showdown at the MGM Grand Garden Arena in Las Vegas. Representing Limitless X on his trunks, Pacquiao proved once again he’s a global icon, combining speed, heart, and unmatched discipline in a bout that captivated audiences worldwide. Los Angeles, CA, July 21, 2025 (GLOBE NEWSWIRE) -- Limitless X Holdings, Inc. (OTCQB: LIMX), a ...
NewGen Subsidiary Signs Memorandum of Understanding with Prominent UAE Real Estate Developer
GlobeNewswire News Room· 2025-07-21 11:00
Core Viewpoint - NewGenDigital has entered into a Memorandum of Understanding with BNW Real Estate Development LLC to develop a strategic plot of land in Ras Al Khaimah, UAE, with an estimated potential net return of up to US$67 million from the project [1][4]. Group 1: Partnership Details - The MOU aims to negotiate a Joint Venture Agreement to form a special-purpose vehicle for the development of the plot [1]. - BNW is responsible for all construction and management costs, while NewGenDigital will contribute 36% of the land cost, estimated at about US$24 million [3]. - BNW will initially cover the remaining 64% of the land cost and any payments made on behalf of NewGenDigital will be deducted from its final entitlement [3]. Group 2: Financial Projections - A feasibility study by BNW estimates a net return of up to US$67 million for NewGenDigital, representing a 272% return on investment after accounting for costs [4]. - The projected sale price is estimated at AED3,000 per square foot (approximately US$817), with a total saleable area of 527,753 square feet [4]. - Consultant, construction, and administration costs are estimated at AED823 per square foot [4]. Group 3: Company Background - NewGen is a comprehensive fertility services provider in Asia, with clinics in Thailand, Cambodia, and Kyrgyzstan, offering a full suite of fertility treatments [6]. - The company aims to expand beyond its core fertility services through strategic partnerships like the one with BNW [5].
楼市快报||2025年6月福州房地产市场分析
Sou Hu Cai Jing· 2025-07-21 06:08
Market Overview - Fuzhou's real estate data in the first half of the year was disappointing despite a series of policies introduced at the beginning of the year, indicating that market recovery will be increasingly difficult as policy effects wane and the industry remains sluggish [2] - The recovery of the market still relies on the revival of the first-time homebuyer segment, as the improvement in transaction volume for improvement housing contrasts with the poor performance of first-time buyer housing [2] - The State Council's meeting in June 2025 emphasized stabilizing expectations, activating demand, optimizing supply, and mitigating risks to promote a rebound in the real estate market [2] Land Market Analysis - Fuzhou's third and fourth land auctions in June 2025 concluded with a total transaction amount of 10.272 billion yuan, involving 16 plots, including 6 residential land plots and 10 plots for resettlement and commercial use, indicating a healthy and stable land market [3] - The land auction results reflect a significant participation from state-owned enterprises, with most plots acquired by local state-owned companies, showcasing a trend of state-led market dynamics [4] Real Estate Market Analysis - The Fuzhou real estate market in June 2025 exhibited a highly differentiated state, with prices primarily concentrated in the range of 10,000 to 25,000 yuan per square meter, while high-end projects were scarce but priced extremely high [6] - The market structure is characterized by an "olive-shaped" distribution, where the first-time buyer market dominates, and the second-hand housing market has become more active than the new housing market [7][8] New Housing Market - In June 2025, Fuzhou signed 2,811 new residential units, a significant increase of 33.98% from May, although excluding affordable housing data shows little change in the new housing market [8] - The majority of new housing transactions were concentrated in the districts of Cangshan and Jin'an, which accounted for a significant portion of the total signed units [8] Second-Hand Housing Market - The average price of second-hand housing in Fuzhou in June 2025 was 21,900 yuan per square meter, reflecting a slight decrease of 0.46% month-on-month [9] - The second-hand housing market in Fuzhou is influenced by the overall market environment, leading to a downward price trend [9] Regional Development Disparities - The central urban area, such as Gulou District, maintains high land prices due to concentrated resources, while areas like Cangshan show minimal price fluctuations, indicating strong value retention [5][11] - The market's performance in suburban areas like Mawei reflects challenges in property absorption, with lower transaction volumes and price stability [11] Summary and Outlook - The policy direction set by the State Council in June 2025 is expected to boost market confidence, with potential for more policies aimed at stabilizing the real estate market in the second half of the year [12] - If favorable policies are effectively implemented, Fuzhou's real estate market may see a rebound, with improved inventory turnover and gradually restored market confidence [12]
Start of construction of the first homes in phase II of the Luuslangi project
Globenewswire· 2025-07-18 07:56
Core Insights - Liven Kodu 12 OÜ, a subsidiary of Liven AS, has signed a general contractor agreement with Mitt & Perlebach OÜ for the construction of residential buildings in phase II of the Luuslang project, with construction set to begin on August 1, 2025 [1][2] Group 1 - The construction will include four-storey residential buildings located at Jalami 6/1 and Jalami 6/2 in the Astangu neighbourhood of Haabersti [1] - A total of 39 new homes are expected to be completed by autumn 2026, alongside the reconstruction of the street and sewerage system on Astangu Street [2] - The total basic amount for the construction works is EUR 5.0 million plus VAT, with 15 out of the 39 homes, or 38%, already sold [2] Group 2 - By the end of 2023, 80 homes from phase I of the Luuslang project were completed, and future phases will include the construction of an additional 105 homes and a single-storey commercial building for catering use [3] - Kadarik Tüür Arhitektid OÜ is the architect responsible for the design of the residential buildings [3]