Construction & Property News

TOKYO--(BUSINESS WIRE)--Hotel Okura Co., Ltd. is pleased to announce that The Okura Resort Hakone Gora, the first Okura Resort property in Japan, will open in 2029....

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Riyadh is rapidly becoming one of the world's most ambitious urban mobility laboratories, where next-generation technologies move from blueprint to real-world deployment on city streets at unprecedented scale. CoMotion GLOBAL 2025, the world's most influential gathering of urban mobility leaders, opens today in Riyadh for a three-day summit bringing together innovators from Africa, Asia, Europe, the Americas, and the Middle East. Running December 7-9, the...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.19, or $0.76 on an annualized basis, to be paid on January 15, 2026 to shareholders of record as of December 31, 2025. About Douglas Emmett, Inc. Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REI...

JERSEY CITY, N.J.--(BUSINESS WIRE)--Copper Property CTL Pass Through Trust (“the Trust”) has filed a Form 8-K containing its monthly report for the period ended November 30, 2025. An aggregate total distribution of $6.8 million or $0.090060 per trust certificate will be paid on December 10, 2025, to certificateholders of record as of December 9, 2025. Additional information, including the Trust’s Monthly and Quarterly Reports, as well as other filings with the Securities and Exchange Commission...

CHICAGO--(BUSINESS WIRE)--Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced today that management will participate in investor meetings at Nareit’s REITworld 2025 Annual Conference (the “Nareit Conference”) on December 8-9, 2025. Written materials that the Company expects to use in connection with its participation at the Nareit Conference will be made available on the Company’s website on Monday, December 8, 2025 at 8:30 a.m. Eastern Time. Such materials will be archived at ir.ven...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--This holiday season, Scottsdale Promenade — a premier lifestyle and shopping destination owned by FalconEye Ventures — is delighted to announce a festive collaboration with The Lumistella Company to officially bring their beloved The Elf on the Shelf to one of Scottsdale’s most recognizable landmarks. For years, the Promenade has delighted the community with its spectacular tradition: a giant inflatable elf perched atop the 125-foot Frank Lloyd Wright–inspire...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Baptist Health property for $4.7 million. The property is newly constructed and located in a strong retail corridor in Alabama and is corporate-operated under a long term, net lease with approximately ten y...

SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE:ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $2.57 per common share, payable January 15, 2026 to shareholders of record as of January 2, 2026. About Essex Property Trust, Inc. Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (“REIT”) that acquires, develops, redevelops, and manages multifamily residential properties in s...

SINGAPORE--(BUSINESS WIRE)--SMJ International Holdings Inc. (NYSE American: SMJF) (“SMJ” or the “Company”), a Singapore-based premium flooring specialist that distributes a wide range of premium flooring products under its proprietary “SMJ” brand across Asia markets, today announced the closing of its firm commitment initial public offering (the “Offering”) of 2,500,000 Class A ordinary shares, par value US$0.0002 per share at a public offering price of US$4.00 per share (the “Offering Price”),...

NEW ORLEANS--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of $522,968 in grants to four organizations during a celebratory check presentation on Tuesday: Fortified Solutions Habitat for Humanity of St. Tammany West Rebuilding Together New Orleans United Way of Southeast Louisiana The grants will assist multiple homeowners in repairing storm-damaged homes and include grants for installing roofs that can wi...