AGP Executive Report
Last update: 8 hours agoHousing Policy Impact: A new analysis of federal budget property tax changes warns they could cut housing construction by 10,700 homes by 2029-30, shave about $1B off GDP over four years, and push rents up roughly $10 a week. Private Credit & Development: Metrics Credit Partners is facing a slow start on a $1.8B Sydney residential project, highlighting how private lending is getting more cautious. Distressed Assets: 360 Capital Mortgage REIT has started selling 162 Bathla-built homes via receivers to reduce its $31.7M exposure. Data Centers & Financing: AirTrunk, backed by Blackstone, is in talks for about S$2B to fund a Singapore REIT IPO, a test for Asia data-center lending. Market Signals: Seoul officetel jeonse deposits hit a record high, while Gangnam-area listings show a tax-driven price correction. Local Governance: Oakley, California appointed a new planning commissioner and reported a rise in domestic violence incidents. Deals & Transactions: Iris Capital sold the Wisemans Inn Hotel in NSW, while Warburg Pincus is expanding in Australia with a $1.8B real estate portfolio partnership.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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