14 Nov 2025

DBS CEO Tan Su Shan highlighted China's technology sectors as key drivers of growth, despite ongoing weakness in the property market and cautious consumer sentiment. Low interest rates are prompting investments in wealth management products, while technology areas like deep tech AI, biotechnology, and humanoid robots show strong potential. DBS's strategic stake in Shenzhen Rural Commercial Bank strengthens its Greater Bay Area presence, and Tan stressed diversification of supply chains and revenue streams as critical amid global tariffs. The bank's recent third-quarter earnings exceeded expectations, though net interest margins are expected to ease slightly next year.Read more

14 Nov 2025

Google is planning to invest around USD 5.8 billion in Germany to expand its data centre and technology infrastructure. The investment includes a new data centre in Dietzenbach near Frankfurt and an expansion in Hanau. While the exact details remain undisclosed, the company has emphasized its focus on innovations, artificial intelligence, and climate-neutral transformation. A press conference later this week, with German Finance Minister Lars Klingbeil attending, is expected to provide further insights into Google's strategic plans in Europe's largest economy.Read more

14 Nov 2025

Dubai's ultra-luxury real estate market is witnessing a fresh approach with fam Properties' AED3 billion Nordic by fam portfolio, which introduces a build-first strategy rather than relying on off-plan sales. The concept, centred on Scandinavian minimalism, craftsmanship, and understated design, aims to set a new benchmark in Dubai's high-end housing landscape. With the first two villas already sold and several more under development across Al Wasl and Meydan, the initiative reflects a shift towards simplicity and tangible value in a market that has seen over AED140 billion worth of ultra-luxury launches in five years.Read more

14 Nov 2025

Home prices in the UK climbed once again this month, with the average property now costing GBP 299,862 after a 0.6 % monthly rise, the strongest since January. Annual growth reached 1.9 %, beating forecasts. Despite the increase, affordability remains a concern even as more mortgages are being approved. Regional variations were notable: prices slipped in London but surged by 8 % in Northern Ireland. The market appears to be holding up well despite looming tax-policy changes and rate-cut speculation.Read more

13 Nov 2025

Singapore-based real estate investment manager CapitaLand Investment (CLI) has closed its latest value-add lodging private fund, securing total capital commitments of USD650 million, exceeding its initial target by USD50 million. The fund, known as CLARA II, is expected to increase CLI's total assets under management (AUM) by approximately USD1.6 billion. The investment vehicle has attracted a diversified mix of institutional investors, pension funds and financial institutions from Asia, Europe and North America, with nearly half of the capital already deployed into projects in Japan and Singapore.Read more

13 Nov 2025

Home sales across the Greater Toronto Area dropped to a four-month low earlier this week as economic uncertainty and cautious buyer sentiment weighed on the market. Seasonally adjusted transactions declined by 2.3 % from the previous month, while the region's home price index edged up by 0.2 % month-on-month. Despite the marginal price recovery, overall prices remained nearly 5 % below the figures recorded a year earlier. An increase in new listings by 2.7 % year-on-year indicated improving supply conditions but limited buyer confidence.Read more

13 Nov 2025

Google has initiated plans to establish an artificial intelligence data centre on Australia's remote Christmas Island in the Indian Ocean, following its earlier cloud services agreement with the Australian Department of Defence. The project, which remains largely confidential, is reportedly part of a broader effort to enhance digital resilience and defence capabilities across the Indo-Pacific. While Google has played down the scale of the project, officials confirmed discussions over energy supply and subsea cable connectivity. Local authorities and residents are now evaluating the centre's environmental and economic impact on the island community.Read more

13 Nov 2025

Sunstone Hotel Investors recorded higher-than-expected revenue during the past quarter, aided by strong performance in the San Francisco market, which offset weaker demand elsewhere. Despite a decline in net income to USD 1.3 million compared with USD 3.2 million in the same quarter last year, the company's completion of a new credit agreement improved financial flexibility and addressed debt maturities. Sunstone has retained its full-year outlook, projecting steady growth in RevPAR and adjusted EBITDA.Read more

13 Nov 2025

A consortium of nearly 20 banks has reportedly agreed to provide a project finance loan of around USD 18 billion to fund the construction of a data centre campus associated with Oracle in New Mexico. The facility forms part of the Stargate initiative a USD 500 billion programme focused on expanding AI infrastructure across the United States. The financing, led by Sumitomo Mitsui Banking Corp, BNP Paribas, Goldman Sachs, and Mitsubishi UFJ Financial Group, is expected to be syndicated among institutional investors later this month.Read more

12 Nov 2025

Nissan Motor has completed a USD 643 million sale and leaseback of its Yokohama headquarters as part of its restructuring plans, expecting extraordinary income of 73.9 billion yen for the fiscal year ending March 2026. The property was bought by MJI Godo Kaisha, with Nissan signing a 20-year lease through Mizuho Trust & Banking. A special purpose company supported by Minth Group and KKR acquired the assets for 90 billion yen. This transaction highlights Nissan's efforts to optimize assets and improve financial stability while continuing operations at its headquarters.Read more