Author: Rent Magazine Team

The Asian Real Estate Summit (ARES) 2025, held in Bangkok, Thailand, is serving as a strategic forum for over 1,000 real estate professionals and more than 30 top developers, including major players from the Philippines. Spearheaded by Cebu-based Filipino Homes, the summit underscores the crucial role of collaboration and knowledge-sharing in shaping a more sustainable and inclusive property market across Asia. Elevating Regional Dialogue on Real Estate Trends Positioned as a key annual event in the regional real estate calendar, ARES 2025 has gathered leading figures in the industry to deliberate on current market dynamics, emerging investment opportunities, and forward-looking…

The Asian Real Estate Summit (ARES) 2025 commenced on July 1 in Bangkok, Thailand, drawing over 1,000 real estate professionals and more than 30 top developers from the Philippines. Organized by Cebu-based Filipino Homes, the two-day event aims to foster global partnerships and explore sustainable and affordable housing solutions to meet the rising demand in the Philippine property market. A Platform for Regional Collaboration Now in its third edition, ARES has evolved into a significant platform for knowledge exchange and networking among real estate stakeholders across Asia. The 2025 summit, themed “Empowering Growth: Fostering Global Partnerships with Responsible Developers,” focuses…

Chicago-based RSK Real Estate Partners has announced plans to develop a 156-unit build-to-rent (BTR) duplex community in Katy, Texas, marking a significant addition to the region’s growing rental housing market. The project, situated on a 9.37-acre site near the Market at Katy Park, will feature 103 three-bedroom and 53 two-bedroom duplexes, each averaging 1,600 square feet. Construction is slated to commence later this year, with the first units expected to be available by mid-2026 . Located on Galileo Way with direct access to Morton Road, the development offers strategic connectivity in northwest Katy, an area experiencing rapid growth. The site…

In a strategic move to reinforce its asset-light business model, Hyatt Hotels Corporation announced on June 30, 2025, the sale of Playa Hotels & Resorts’ real estate assets to Tortuga Resorts for $2 billion. The transaction encompasses 15 all-inclusive resort properties located across Mexico, Jamaica, and the Dominican Republic. Despite the sale, Hyatt will continue to manage these resorts under 50-year agreements, maintaining its operational presence in these key markets. This sale follows Hyatt’s recent acquisition of Playa Hotels & Resorts, finalized on June 17, 2025, for approximately $2.6 billion, including debt. The acquisition added 15 beachfront properties to Hyatt’s…

Kolkata’s commercial real estate sector experienced a significant upswing in the second quarter of 2025, with office space absorption doubling to 600,000 square feet from 300,000 square feet in the previous quarter. This marks a 40% year-on-year increase, signaling robust growth in the city’s office market. Commercial Real Estate Sees Robust Growth The surge in office space demand is attributed to increased leasing activity, particularly in the IT and BFSI (Banking, Financial Services, and Insurance) sectors. Salt Lake Sector V and New Town, Kolkata’s primary business districts, continue to attract major corporations seeking to expand their operations. The influx of…

The Twin Cities housing market exhibited modest yet steady growth in June 2025, characterized by a slight increase in pending sales and a notable rise in available inventory. According to Edina Realty, pending sales in the region edged up by 0.5%, while the median sales price climbed 2.6% year-over-year to $395,000. These trends suggest a gradual shift toward a more balanced market, offering increased opportunities for both buyers and sellers. Inventory Growth Offers Relief to Buyers One of the most significant developments in the Twin Cities real estate landscape is the expansion of housing inventory. New listings in June totaled…

The U.S. housing market is expected to experience modest growth in 2025, according to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR). Yun projects a 3% increase in the national median home price and anticipates a rebound in home sales during the latter half of the year, following a period of subdued activity. Speaking at the REALTORS® Legislative Meetings in Washington, D.C., Yun emphasized that while the market has faced challenges, it is not on the brink of a significant downturn. “Home prices are not on the verge of a nuclear crash,” he stated, highlighting low levels…

Despite ongoing macroeconomic and geopolitical headwinds, commercial real estate (CRE) leaders are expressing cautious optimism for the second half of 2025, according to DLA Piper’s recently released 2025 Real Estate State of the Market Survey. While external factors such as rising interest rates and trade tensions have tempered enthusiasm, the survey highlights resilience in key asset classes and a strategic focus on long-term fundamentals. The survey, conducted in two waves—first in early 2025 and again in May following U.S. tariff announcements—reveals a shift in sentiment. Initially, 52% of respondents were bullish about the CRE market. However, by the second wave,…

West Palm Beach, FL, June 27, 2025 — Florida’s residential real estate market is experiencing significant growth, driven by an influx of nearly 90,000 new residents in Palm Beach County alone. The migration of high-net-worth individuals, financial executives, and tech leaders has transformed cities like West Palm Beach into vibrant, year-round urban centers. Developments such as CityPlace are catering to the demands of this affluent population, contributing to the state’s booming residential sector. The surge in population has led to a robust demand for housing, with single-family home sales in Palm Beach County increasing by 4.81% year-over-year in January 2025,…

New York City, June 27, 2025 — The United Nations has finalized a significant lease renewal and expansion at 2 United Nations Plaza in Midtown Manhattan, securing 425,190 square feet across 26 stories. This move consolidates the organization’s previously dispersed operations into a unified headquarters, reaffirming its commitment to New York City as its central diplomatic hub. The lease agreement, brokered by Newmark Group, Inc., encompasses nearly all office space within 2 UN Plaza, spanning levels 2 through 26. Additionally, it includes a two-story retail component at 1 United Nations Plaza. This consolidation brings together operations that were formerly split…