AGP Executive Report
Last update: 6 hours agoU.S. Housing: Pending home sales fell 4% in September to their lowest level since 2014, while foreclosure filings rose 13% year over year in August as mortgage rates climbed above 7%. India Investment: Bajaj Alts raised about $100 million in the first close of a fund targeting $200 million for commercial office development. Saudi Finance: The kingdom’s real estate refinance company launched its second residential mortgage-backed securities issuance, the first domestic deal of its kind with published Moody’s and Fitch ratings. Affordable Homes: Patrizia plans to mobilize £1 billion for essential housing in the UK, with a goal of supporting 4,000 homes. Dubai Development: BI Group has teamed up with CITIC Middle East Contracting on three planned projects, bringing the contractor in during design and planning. Mumbai Redevelopment: Adani Group has begun construction of 10 towers containing 10,432 homes for Dharavi residents.
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