12 Feb 2026

UI Boustead Real Estate Investment Trust has initiated premarketing for its initial public offering on the Singapore Exchange. The REIT, which primarily invests in logistics and industrial properties in Singapore, plans to use the funds for property acquisitions, covering transaction costs, partial repayment of loans, and supporting working capital. Investor education has commenced, while specifics like the offer size and lock-up period are still under finalisation. Citigroup C.N has been appointed as joint global coordinator and joint bookrunner for the offering, signaling a structured approach to the IPO launch.Read more

11 Feb 2026

Roadside Real Estate PLC has revised its put option agreement with CGV Ventures to gradually exit its CSS holdings. The company plans to sell a 29% stake for GBP 14 million in March 2026, with the remaining interest scheduled for GBP 20 million in September 2027. The proceeds are expected to fund the company's transition strategy and support core initiatives. This phased approach reflects Roadside's ongoing efforts to optimize its portfolio, enhance liquidity, and create capacity for future growth, following earlier strategic realignments aimed at strengthening its financial position.Read more

11 Feb 2026

Lee Seung-heon, a leading candidate to head the Bank of Korea, has expressed support for higher property taxes as a measure to control rising home prices and their potential inflationary impact. While he sees no need for immediate interest rate hikes, he emphasizes stronger housing market curbs to protect middle-class affordability. South Korea's central bank has maintained a neutral policy stance following multiple rate cuts, while the won and government bond yields reflect cautious market expectations. Lee's stance aligns with the government's push to discourage multiple home ownership.Read more

11 Feb 2026

Vietnam has awarded the first phase of a major wind power project to VinEnergo, a new subsidiary of Vingroup, sidelining Germany's PNE despite its planned USD 4.6 billion investment. PNE said the decision was unexpected after years of project work. The move reflects a broader policy tilt towards national champions and adds to recent challenges faced by foreign renewable investors. Vietnam aims to rapidly expand wind capacity, but regulatory uncertainty and financing conditions continue to test overseas participation.Read more

11 Feb 2026

Emaar Properties has proposed seeking its board's approval to distribute a dividend equivalent to 100% of its share capital for the fiscal year. The move reflects the company's consistent focus on returning value to shareholders and comes after a period of stable financial performance, supported by its diversified property and development portfolio. Analysts note that such a high dividend payout is significant in the real estate sector and signals confidence in the company's liquidity position and long-term earnings potential, reinforcing investor trust in Emaar's strategic planning.Read more

11 Feb 2026

Vietnam's authorities have awarded the first phase of a major wind power project to Vingroup's newly created subsidiary, VinEnergo, leaving German renewable firm PNE, backed by Morgan Stanley, out of the bid. PNE had planned a USD 4.6 billion investment and had been involved since 2019, conducting studies and wind tests, but faced unexpected financial guarantee demands. Vietnam aims to achieve 6,000 MW of offshore wind capacity by 2030-2035. The decision reflects a broader policy shift favoring domestic companies, while several Western wind firms have exited the country amid regulatory and pricing uncertainties.Read more

11 Feb 2026

China Evergrande Group's liquidators are evaluating revised offers from selected bidders for their 51.016% controlling stake in Evergrande Property Services, valued at over HKD 12.32 billion (around USD 1.58 billion). The unit had earlier disclosed indicative bids last year, and liquidators confirmed that no new non-binding proposals will be considered. While the timing and details for the next phase of the sale remain undecided, this review forms a critical part of broader creditor recovery efforts, with the parent group facing claims totaling roughly USD 45 billion.Read more

11 Feb 2026

Yuexiu Real Estate Investment Trust has proposed issuing USD 300 million of 6.50 percent guaranteed green notes due in 2029, along with CNY 690 million of 3.50 percent green notes of the same maturity. The issuance will be undertaken under its USD 1.5 billion guaranteed medium-term note programme. Proceeds from the USD tranche will mainly be used to refinance existing debt. The move reflects the trust's continued use of green financing to manage liabilities and strengthen its funding profile.Read more

11 Feb 2026

Hong Kong has formally condemned Panama's Supreme Court decision that annulled CK Hutchison's long-term concession to operate the Balboa and Crist bal container terminals at the Panama Canal. Officials highlighted the substantial investments and employment created by the company, warning that the ruling could harm Panama's business environment and investor confidence. CK Hutchison has initiated international arbitration against the decision. Panama's president defended the judiciary's independence, emphasizing national sovereignty, while China expressed concern over the potential economic and diplomatic fallout from the ruling.Read more

11 Feb 2026

News Corp reported second-quarter revenue that exceeded Wall Street estimates, supported by growth in its Dow Jones, digital real estate, and book publishing units. The Dow Jones segment saw revenue rise 8% to USD 648 million, with Wall Street Journal subscriptions reaching nearly 4.7 million, while digital real estate services and HarperCollins recorded revenue increases of 8% and 6% respectively. CEO Robert Thomson noted significant enterprise client expansion for Dow Jones. The company also extended its media presence to the West Coast with the launch of the California Post, reflecting a strategic focus on digital, subscription-driven growth.Read more