24 Dec 2025

Country Garden Holdings Co Ltd has approved the issuance of 135.6 million new shares at an issue price of HKD 0.40 per share under its existing general mandate. The shares were issued to facilitate work fee arrangements and were allotted shortly before the announcement. The transaction does not involve a public offer and falls within previously approved limits. The move comes as the Chinese property developer continues to manage liquidity challenges through measures such as capital restructuring, asset sales, and alternative settlement mechanisms amid a weak real estate market.Read more

24 Dec 2025

Lendlease Group has announced the sale of a AUD 400 million stake in the TRX retail mall, while retaining a 20 percent interest that will be placed under its Investments segment. The retail asset is fully operational and part of Kuala Lumpur's TRX development. The group has also revised the timing of around AUD 1 billion in expected cash inflows, now projected for the second half of FY26 instead of the first half. Separately, the sale of Lendlease's remaining stake in Keyton is progressing through exclusive negotiations with a preferred bidder.Read more

23 Dec 2025

Rithm Property Trust Inc has announced a one-for-six reverse stock split, under which six existing shares will be consolidated into one share. The move, disclosed past week, will not alter the overall value of shareholders & investments, aside from market fluctuations. The company has not flagged any changes to its operations, asset portfolio, or strategy following the split. Such actions are generally aimed at raising the per-share price and maintaining listing compliance. The trust continues to operate within the wider Rithm Capital real estate and credit platform.Read more

23 Dec 2025

Modon Holding PSC has formed a joint venture with related companies and Panepinto Properties for the development of Harborside 4. The company has acquired a majority equity stake in the project, securing a controlling interest. Construction is expected to commence in Q1 2026, with completion targeted for Q1 2029. Financing for the development will be provided by a consortium of banks led by J.P. Morgan. The project reflects Modon's continued focus on long-term real estate developments backed by structured financing and strategic partnerships.Read more

23 Dec 2025

Sri Lankan stocks closed lower in the past week, extending losses for a fourth consecutive session as industrial, real estate and energy stocks remained under pressure. The CSE All Share Index fell 1.1 percent to 21,898.20. While trading volumes improved, market turnover declined to LKR 2.98 billion. Inflation eased slightly in November, but it failed to lift sentiment. SMB Finance PLC and Colombo Dockyard PLC led the losses. Foreign investors were modest net buyers, while domestic investors continued to sell heavily.Read more

23 Dec 2025

GPT Group has acquired the property at 43-45 Australia Street for AUD 47 million, as disclosed in a company update released in the past week. The transaction adds to the group's Australian real estate portfolio, though specific details on the asset's use or financial performance were not shared. As one of the country's largest listed property owners, GPT Group has followed a strategy of selective acquisitions supported by disciplined capital management. The purchase reflects this steady approach amid cautious investment conditions.Read more

23 Dec 2025

The U.S. House has passed the SPEED Act to streamline permitting and environmental reviews for major energy, industrial, and data center projects. While the bill aligns with Trump-era goals of boosting domestic energy and industrial growth, last-minute amendments to maintain offshore wind veto powers caused clean energy advocates to oppose it. The legislation received 11 Democratic votes but faces hurdles in the Senate. Industry groups welcomed the reform as a necessary update to slow approval processes, while environmental and renewable energy organizations warned of risks to public health, clean air, and equal treatment of energy resources.Read more

23 Dec 2025

Vietnam has begun initial construction work on a cross-border railway linking the country with China as part of its wider infrastructure expansion plan. The 391-kilometre rail line will run from Lao Cai at the Chinese border through Hanoi to Haiphong port. Track laying is scheduled to begin late next year, with completion targeted for 2030. The project will be partly funded through Chinese government loans. It forms part of Vietnam's broader infrastructure pipeline valued at about USD 129.23 billion, aimed at sustaining high economic growth.Read more

23 Dec 2025

The IMF has approved emergency funding of around USD 206 million for Sri Lanka under the Rapid Financing Instrument to support recovery after Cyclone Ditwah caused extensive damage. The cyclone killed 643 people, affected nearly 10% of the population and damaged over 100,000 homes and key infrastructure. Agriculture suffered major losses, with 150,000 hectares of crops destroyed. The support comes as Sri Lanka continues to recover from its 2022 debt default and ongoing IMF bailout programme. Additional domestic spending has also been proposed to aid rebuilding efforts.Read more

22 Dec 2025

Cibus Nordic Real Estate AB has acquired 11 properties across four countries for a total value of EUR 41.9 million, according to a disclosure made in the past week. The acquisition aligns with the company's long-term focus on daily goods & anchored real estate and geographic diversification. Although details of individual assets were not provided, the deal adds to Cibus growing European portfolio. The company has consistently expanded through similar acquisitions, targeting stable cash flows from food and grocery-related tenants.Read more