AGP Executive Report
Last update: 7 hours agoDeal Watch: Blackstone is buying out Skroutz, turning the Greek e-commerce giant into a Southeastern Europe “powerhouse” and taking control of its payments, last‑mile logistics, and even a newer real-estate arm—valuation cited around €650M. Dubai Delivery: Esnaad handed over “The Spark” in Mohammed Bin Rashid City (50 apartments) while Majid Al Futtaim awarded a $191M main contract for Distrikt Ghaf Woods, signaling developers still want to build through uncertainty. Capital Moves: Dubai Holding became Emaar’s largest shareholder after lifting its stake to 29.73%, reinforcing the UAE’s big-developer consolidation trend. Market Pressure: Tel Aviv’s luxury sales are reportedly slowing hard, with developers offering bigger commissions and discounts to move inventory. Policy & Rent: NYC’s Rent Guidelines Board set a 0%–2% preliminary range for stabilized apartments, putting Mamdani’s rent-freeze promise within reach. Local Realty: A New Bern, NC foreclosure notice lists a May 26 auction for a Center Avenue property.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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