AGP Executive Report
Last update: 9 hours agoEmaar Consolidation: Dubai’s Emaar Properties approved a $3.3 billion buyout of minority shareholders in Emaar Development, paving the way to delist the unit and bring its development business fully in-house. Housing Policy: Canada’s budget promises to triple non-market housing over a decade and expand supportive housing, while extending the foreign-buyer ban with an exception for new builds. Affordable Homes: A $14 million Columbia redevelopment will renovate or replace 25 apartments, while Edmonton’s new 64-unit project will provide affordable homes for families leaving domestic violence shelters. Housing Pressure: Portugal’s housing protest drew thousands, and Spain’s largest union is preparing a general strike over the affordability crisis. A Māori housing report also urges the government to provide homes rather than treat homelessness as a public-order issue. Construction Outlook: UK housebuilding weakness is weighing on construction activity, while Germany’s construction sector is contracting at its sharpest pace since early 2025.
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