On Tuesday, October 18, SmartStop Self Storage REIT Inc. completed its initial public offering (IPO), raising $810 million. This event marks a significant milestone in the investment market, especially considering the current conditions and trends in the real estate sector.
Recent plans by the Trump Organization, announced in the context of infrastructure development in Vietnam, have caught significant attention. A consortium representative confirmed that work on investment projects in Southeast Asia has already commenced. The primary focus is on real estate, golf courses, and hotels. These initiatives are long-term collaborations that highlight the strengthening bilateral ties between the two countries.
Real estate is one of the most sought-after sectors in the economy; however, the current situation in the housing market in India raises concerns. According to a report by the analytical company PropEquity, housing sales in nine major cities in the country have experienced a significant decline, decreasing by 23% during the January to March 2025 period compared to the same timeframe last year.