AGP Executive Report
Last update: 7 hours agoPrime Property Deals: Pegasus bought a historic Mayfair townhouse for its UK and international headquarters, while Gencom and White Bridge Capital acquired Miami’s 652-room InterContinental. Hotel Assets: Himachal Pradesh secured a 47.1% share of Wildflower Hall’s annual gross revenue under a 35-year operating deal, with about ₹2,000 crore in projected payments and a ₹50 crore investment commitment. Market Signals: Europe’s property slump is deepening as borrowing costs push prices down. In India, office supply doubled in Hyderabad and Bengaluru from January to September. Urban Growth: The World Bank projects 748 million more urban residents in Sub-Saharan Africa by 2050 and says transport and affordable housing are key to connecting workers with jobs. A proposed Philippine bridge could also reshape development: an ADB study estimates it may lift Bataan’s economic output by 29.4%, if planning and investment follow.
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