Core Viewpoint - Belpointe PREP, LLC has entered into an agreement for a development site in Darien, Connecticut, aiming to capitalize on the affluent and supply-constrained residential market in the region [1][2]. Company Overview - Belpointe OZ is a publicly traded qualified opportunity fund listed on NYSE American under the symbol "OZ" [4]. - The company has over 2,000 units in its development pipeline across four cities, with a total project cost exceeding $1.0 billion [4]. Transaction Details - The property at 100 Tokeneke Road is being contributed by the seller to an indirect subsidiary of Belpointe OZ in exchange for equity in the project entity, with no upfront cash consideration required [2]. - Future capital will be provided by Belpointe OZ for the project's development or financing through an affiliated investment vehicle [2]. - The agreement includes a mechanism for Belpointe OZ to buy out the seller at a pre-agreed valuation, payable in Class A units, aligning long-term incentives and preserving balance-sheet flexibility [3]. Market Context - Darien is consistently ranked among the wealthiest towns in America, characterized by limited multifamily inventory and strong long-term demand due to its proximity to New York City and a highly affluent resident base [3]. - The demographic profile and supply constraints in Darien create a compelling backdrop for long-term value creation in residential development [4].

Financial Data and Key Metrics Changes - The company has transitioned from being a major citrus producer to focusing on real estate development due to unsustainable economic conditions in the citrus industry, particularly affected by a disease called greening [2][3] - The company reported a significant increase in stock value, with a 40% rise last year, marking the best performance in 65 years [25][26] - The current market capitalization is approximately $280 million, while the present value of assets is estimated between $650 million and $750 million [22][35] Business Line Data and Key Metrics Changes - The company owns over 50,000 acres of land, with 75% currently used for agricultural purposes and 25% earmarked for future residential and commercial development [7][8] - The company has been actively leasing agricultural land to generate cash flow while planning for future development [5][28] - Last year, the company sold approximately $23 million in land assets, with expectations for increased sales this year [28] Market Data and Key Metrics Changes - The company is focusing on the real estate market in Florida, particularly in areas with high development potential, such as Collier County [10][11] - The Corkscrew Grove Village Project is a significant development initiative that aims to create 9,000 houses and commercial spaces, highlighting the company's shift towards real estate [10][11] Company Strategy and Development Direction - The company is prioritizing the entitlement process for its land to maximize its value and is working with local professionals to ensure efficiency [8][10] - Alico is committed to sustainability and conservation, having allocated 1,200 acres for wildlife corridors and investing in wildlife crossings [19][20] - The company aims to diversify its revenue streams through leasing and real estate development while maintaining agricultural operations [5][6] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenges faced in the citrus industry and emphasizes the need for transformation to ensure long-term viability [2][3] - The company is optimistic about the future, with plans to increase utilization rates of leased land and achieve milestones in the entitlement process [28][29] - Management is focused on maintaining a strong balance sheet and managing cash flow effectively to support ongoing operations and potential shareholder returns [38][39] Other Important Information - The company has a history of returning capital to shareholders, with approximately $200 million returned over the last decade through dividends and buybacks [33] - Alico has a 10b-5 program approved for potential share buybacks, indicating a proactive approach to managing shareholder value [31][32] Q&A Session Summary Question: What is the company's strategy for returning cash to shareholders? - The company is considering various options, including maintaining a common dividend and potential share buybacks if discretionary cash flow allows [30][31] Question: Can the company provide an approximate value for the developments expected? - The estimated present value of the company's assets is between $650 million and $750 million, with ongoing assessments as land sales are realized [35][36]

Financial Data and Key Metrics Changes - The company has transitioned from being a major citrus producer to focusing on real estate opportunities due to unsustainable economic conditions in the citrus industry, particularly due to a disease affecting citrus trees [2][3] - The company reported a cash balance of approximately $38 million at the end of the fiscal year, with net debt reduced from around $215 million to $48 million over the past decade [38] Business Line Data and Key Metrics Changes - Currently, the company owns over 50,000 acres of land, with 75% still utilized for agricultural purposes while 25% is earmarked for potential residential or commercial development [6][9] - The company has diversified its revenue streams by leasing agricultural land to operators, which has proven effective in generating cash flow [5][29] Market Data and Key Metrics Changes - The market capitalization of the company is approximately $280 million, while the present value of its assets is estimated between $650 million and $750 million [23][36] - The company achieved a 40% increase in stock price over the past year, marking its best performance in 65 years [26][34] Company Strategy and Development Direction - The company is focusing on repurposing land for higher value uses, with plans for residential and commercial developments, including the Corkscrew Grove Village Project, which aims to create around 9,000 houses [11][12] - The company is actively working on the entitlement process for its land, with a strong emphasis on efficiency and community outreach to gain necessary approvals [9][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the current operating environment but expressed optimism about the company's strategic shift and the potential for future growth through real estate development [3][30] - The company plans to continue monetizing its land through leasing and sales, with expectations of increased utilization rates and more milestones in the entitlement process [29][30] Other Important Information - The company has a history of strong conservation efforts, which aids in gaining support from local, state, and federal authorities for its development projects [17][21] - The company has committed over $5 million to construct a wildlife crossing to enhance conservation efforts, demonstrating its commitment to sustainability [20][21] Q&A Session Summary Question: What is the company's strategy regarding cash returns to shareholders? - The company maintains a common dividend and has a share buyback program approved for up to $50 million, which will be considered if discretionary cash flow allows [31][33] Question: What is the expected value of the developments? - The company estimates the present value of its assets to be between $650 million and $750 million, with ongoing assessments as land sales are realized [36]

海西房产网（微信公众号：fjhxfcw）消息：福建省投资项目在线审批监管平台发布信息显示， "祥茂花园"已于2026年1月13日取得县级权限内企业境内投 资项目备案，批准结果信息为办结（通过）。 | 首页 申报指南 | 我的项目 | > > 福建省网上办事大厅 福建省投资项目在线审批监管平台 政策法规 | 办事流程 常见问题 | | 进度查询 | 国家平台 | | --- | --- | --- | --- | --- | --- | --- | | Q 当前位置:项目信息 | | | | | | | | 目 申报项目基本信息 | | | | | | | | 项目代码 | 2601-350103-04-01-617128 | | | 硕目名称 | 祥茂花园 | | | 顾目类型 | 备案类 | | 项目 (法人) 单位 | | 福州建总地产有限公司 | | | 报建编号 | 3501032601130102 | | | | | | | 目 批准结果信息 | | | | | | | | 主管部门 | | 备案事项 | 备案号 | | 結果 通过时间 | | | 福州市台江区发展和改革局 | 县级权限内企业境内投 ...

13 January 2026 | 6:57AM CST Equity Research China Property: Potential housing provident fund (HPF) reform might help to stabilize market We note heightened focus by top-level policymakers on housing provident fund system reform recently. While we look for further official government announcement and details on the reform, we provide a quick introduction of HPF in this report. Overall, we expect potentially larger-scale, lower-cost HPF lending could help stimulate the weak housing market, especially for the ...

Core Insights - The article highlights the successful resolution of historical certificate issuance issues for four farmer resettlement housing projects in Dongba Township, with over 10,000 property rights certificates issued [1] Group 1: Project Resolution - The historical certificate issuance problem affected approximately 18,000 resettled households, who had housing but lacked property certificates [1] - A dedicated task force was established by the Chaoyang District Bureau to address these issues, implementing a strategy of "one project, one file; one problem, one strategy" [1] - The Bureau collaborated with various departments, including the District Housing and Urban-Rural Development Committee and local government, to create actionable solutions and clarify responsibilities [1] Group 2: Process Improvement - The approach shifted from sequential to parallel processing of pre-approval procedures, enhancing efficiency in certificate issuance [1] - Local governments were tasked with overseeing the development units to ensure timely rectification of prolonged issues [1] - The Bureau improved the certificate issuance experience by pre-verifying essential documents and reducing the need for material corrections during the process [1] Group 3: Broader Impact - The certificate issuance challenges for resettled residents in several other townships within Chaoyang District have also been largely resolved, achieving a "basic clearance" of these issues [1]

British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group said in a statement on Monday. ...

Market Performance - The A-share market indices continued to rise, with the Shanghai Composite Index recording a 17-day winning streak, closing up 1.09% at 4165 points [1] - The Shenzhen Component Index increased by 1.75%, while the ChiNext Index rose by 1.82% [1] - The total market turnover reached a historical high of 3.64 trillion yuan, an increase of 492.2 billion yuan compared to the previous trading day, with over 4100 stocks rising [1] Sector Highlights - The AI application sector saw a significant surge, with various AI-related concepts leading the gains, including Kimi, Sora, and multi-modal AI, resulting in multiple stocks hitting the 20% daily limit up [1] - The commercial aerospace and satellite internet sectors also performed well, with over ten stocks, including China Satellite and Aerospace Electronics, hitting the daily limit up following the approval of 200,000 new satellite applications [1] - The software development sector experienced a boost, with Tianrun Technology hitting a 30% daily limit up [1] - Other sectors with notable gains included Beidou navigation, internet services, cultural media, online education, and 6G concepts [1] Underperforming Sectors - Insurance stocks declined, with China Pacific Insurance leading the losses [1] - The real estate development sector weakened, with Sanxiang Impression dropping over 6% [1] - The oil industry, glyphosate, and fertilizer sectors recorded declines [1] Top Gainers and Fund Flows - The internet sector led the gainers with a 9.81% increase, followed by cultural media at 8.96% and software at 7.75% [2] - The education sector rose by 5.94%, while aerospace and military industries increased by 5.82% [2]

"麻烦核对一下信息。""这是您家的钥匙，请收好！"签到、资料核验、签字确认、领钥匙、验房……2025年 12月30日上午，在工作人员引导下，正阳街道北舍村村民钱小梅，顺利领到了萧何路安置小区120平方米新房 的钥匙。 此前一天，萧何路安置房项目回迁交付工作正式启动，不少村民率先拿到新房钥匙。"大家都说小区建得漂 亮，房子质量杠杠的，户型设计也好得很。"钱小梅喜悦之情溢于言表，"我家准备收房了就抓紧装修！" 2025年是秦汉新城安置房建设"攻坚年"，8个"保回迁"项目同步推进建设。 原标题：秦汉新城多个回迁安置房项目竣工 让群众早日住进放心房满意房幸福房 回迁群众喜领新房钥匙。（秦汉新城供图） 元旦前夕，秦汉新城多个安置房项目陆续启动回迁交付工作，回迁群众领钥匙收新房。 "安置房建设是事关群众切身利益的民生工程，我们年初就对照时间节点制订了攻坚计划，全力以赴推进项目 建设。"秦汉集团房建公司负责人介绍，各保障房项目以"高标准、加速度、优品质"为目标，开启"白加 黑""连轴转"模式，不断优化施工方案、持续强化要素保障，加速推进工程建设与交付，努力让群众早日住进 放心房、满意房、幸福房。 值得一提的是，蒋刘村安置房 ...

Group 1 - The core initiative "Good House, Happy Life" aims to boost housing consumption in Guangxi, with 42 city-level events organized to provide various benefits for homebuyers [1] - A total of 290 key real estate projects are participating in the promotion, focusing on improving living quality and catering to diverse housing needs, including premium residential properties and scenic homes [1] - Modernized facilities such as smart home security systems and AI cooking assistants are being integrated into new developments, enhancing the living experience for residents [1] Group 2 - A unified "online + offline" service platform has been established across cities to facilitate a seamless home-buying experience, offering services like policy consultation and property recommendations [2] - Innovative cultural and tourism integration is being utilized to create immersive home-buying experiences, including live streaming and professional consultation services [2] Group 3 - Subsidy policies have been introduced in various cities to reduce home-buying costs, with specific financial incentives for newlyweds and families with multiple children [3] - Cities like Nanning and Yulin are offering substantial subsidies ranging from 4,000 to 6,000 yuan for new home purchases, while Baise is implementing a "government priority, enterprise backup" subsidy mechanism [3] - There is an ongoing effort to promote affordable housing and optimize housing fund loan policies to further reduce costs for homebuyers [3]