30 Dec 2025

Digico Infrastructure REIT has received State Significant Development approval for the expansion of its Syd1 data centre in Ultimo, New South Wales. The clearance was granted by the NSW Department of Planning, Housing and Infrastructure and allows the REIT to proceed with development at a strategically located Sydney site. The project forms part of Digico's broader digital infrastructure portfolio and supports rising demand for data centre capacity driven by cloud services and data growth. The approval provides regulatory certainty and enables the next phase of execution.Read more

30 Dec 2025

Vinhomes JSC has approved a plan to raise up to 4.5 trillion dong, or about USD 171 million, through a bond issuance to restructure its debt, as per a recent regulatory filing. The move is aimed at refinancing existing obligations rather than funding expansion. The decision reflects broader efforts by Vietnamese property developers to manage liabilities amid tighter credit conditions and a more regulated bond market. As the largest listed residential developer in Vietnam, Vinhomes continues to focus on balance sheet stability and liquidity management.Read more

29 Dec 2025

Vista Land & Lifescapes Inc has obtained a five-year corporate note facility worth PHP 13.61 billion, reinforcing its medium-term funding base. The facility, secured in the past week, adds to the company's diversified financing mix and provides flexibility for refinancing, working capital, or ongoing project needs. As one of the Philippines largest residential developers, Vista Land continues to rely on longer-tenure debt instruments to align funding with project cycles, at a time when developers are focused on liquidity and balance sheet discipline amid a cautious market environment.Read more

29 Dec 2025

Hong Kong's private home prices rose for the sixth straight month, increasing 0.9% month-on-month in November, supported by lower interest rates and stronger equity markets. Prices are up 2.8% so far this year, reversing declines seen since 2021, though values remain well below their peak. Government support measures and rate cuts have helped sentiment, but demand is still cautious. Analysts see signs of the market stabilising, with future price trends hinging on further rate cuts and external economic risks.Read more

29 Dec 2025

GMR Group has qualified to submit a bid for the proposed Taif International Airport project in Saudi Arabia, which carries an estimated investment value of USD 800 million. The airport development will be executed under a public-private partnership model on a build-transfer-operate basis, with a concession period of 30 years, including construction. Several international consortiums have also cleared the qualification stage for the bidding process. The new airport is planned to include a passenger terminal, support facilities, utilities, parking and access infrastructure, along with provisions for future expansion. The project is expected to cater to long-term traffic growth and support regional aviation demand, including Umrah-related travel.Read more

29 Dec 2025

Georgia has placed a key section of its national railway network into operation following the completion of a long-running modernisation project executed by China Railway 23rd Bureau Group. The upgraded line links Zestaponi and Khashuri in central Georgia and strengthens the country's east-west rail corridor. The project involved extensive renovation of existing tracks and new construction under difficult geological conditions. Authorities expect the railway to improve travel efficiency, expand freight capacity, support regional economies and strengthen Georgia's role in transcontinental trade routes connecting Asia and Europe.Read more

29 Dec 2025

Russia has outlined plans to establish a power plant on the moon by 2036 to support its lunar programme and a joint research station with China. Led by Roscosmos, the project involves key nuclear institutions, indicating the use of nuclear energy, although this has not been formally stated. The facility is expected to power rovers, scientific equipment and station infrastructure. Similar plans are underway in the United States, reflecting intensifying global competition over lunar exploration, long-term scientific presence and access to potential resources.Read more

28 Dec 2025

Turkey's capital markets regulator has imposed fines totalling about 2 billion lira, equivalent to around USD 47 million, on 19 individuals for carrying out transactions that disrupted the market in shares of Peker Gayrimenkul Yatirim Ortakligi, a listed real estate investment trust. The authority has also initiated criminal complaints linked to trading activity in several other listed companies across insurance, investment, brokerage and renewable energy segments. Peker REIT has stated that it has no involvement in the trades under scrutiny or the related administrative actions.Read more

28 Dec 2025

BP has agreed to sell a 65% stake in its Castrol lubricants business to US-based private equity firm Stonepeak for about USD 6 billion. The transaction values Castrol at USD 10.1 billion and forms a key part of BP's wider plan to divest USD 20 billion of assets to cut debt and improve shareholder returns. BP will retain a 35% holding through a new joint venture and plans to use the proceeds, including USD 800 million earmarked for dividends, to reduce net debt. The deal is expected to close by the end of 2026.Read more

28 Dec 2025

Scentre Group has agreed to sell a near 20% stake in its flagship Westfield Sydney mall to the Australian Retirement Trust for AUD 864 million, or about USD 575.68 million. The deal values the asset in line with its June 2025 book value and follows earlier asset sales, including a major stake sale at Westfield Chermside. Scentre will retain an 80.1% interest in Westfield Sydney and plans to use the capital to support residential development across its land holdings.Read more