19 Jul 2026

A consortium led by Frasers Property and Frasers Centrepoint Trust (FCT) has emerged as the highest bidder for the Bayshore Drive Government Land Sales (GLS) site in Singapore, offering USD 1.64 billion. The consortium, which also includes Sekisui House, Sunway MCL and Lum Chang Building Contractors, submitted a bid 5.8% above the second-highest offer. The mixed-use development is expected to deliver up to 1,280 residential units alongside 22,500 square metres of commercial space, including a retail mall. The partners will execute the project through separate special purpose entities responsible for the residential and commercial components of the development.Read more

19 Jul 2026

The Competition Commission of India (CCI) has approved the KKR-led consortium’s acquisition of 100 per cent of ST Telemedia Global Data Centres (STT GDC), marking a key milestone for one of Southeast Asia’s largest digital infrastructure transactions. The deal, first announced earlier this year, will see KKR become the majority shareholder with a 75 per cent stake, while Singtel will retain 25 per cent. STT GDC, which has a significant presence in India through STT Global Data Centres India, operates across multiple global markets and continues to expand its digital infrastructure footprint.Read more

18 Jul 2026

Rezolv, a renewable energy developer backed by British infrastructure investor Actis, plans to expand its renewable energy portfolio across Central and South-Eastern Europe to between 4 GW and 5 GW by 2030, up from its current pipeline of nearly 2.3 GW. The company is preparing to begin construction later this summer on the 1 GW Dama Solar project in western Romania, expected to become the European Union’s largest solar park upon completion in late 2028. Alongside project development, Rezolv has secured multiple long-term power purchase agreements and government-backed Contracts for Difference support, reflecting its strategy to balance private power sales with public incentives as demand for renewable electricity grows across the region.Read more

18 Jul 2026

Digital specialist finance marketplace Brickflow has expanded its lender panel by onboarding HBI Capital, providing brokers with direct access to the lender's bridging, development and auction finance products. Through the partnership, brokers can source loans ranging from GBP 100,000 to GBP 2 million, with individually underwritten pricing, same-day decisions in principle and privately funded lending. HBI Capital also offers free in-house valuations on qualifying loans and dual legal representation to streamline transactions. The addition increases the financing options available on Brickflow's platform, which now hosts more than 160 specialist lenders, reinforcing its focus on digitising loan sourcing and improving access to specialist property finance for brokers.Read more

18 Jul 2026

Two US Supreme Court justices made a rare appearance before Congress to seek increased security funding, citing a sharp rise in threats against members of the judiciary. Justices Amy Coney Barrett and Elena Kagan urged lawmakers to approve a nearly 10% increase in the court's budget, with officials projecting a 38% rise in threats this year after a 25% increase in 2025. Barrett disclosed that she had been issued a bulletproof vest following heightened security concerns and was recently targeted in a "swatting" incident. The hearing also touched on judicial ethics, with Kagan supporting an independent enforcement mechanism for the court's code of conduct, while Barrett expressed reservations about such a proposal.Read more

18 Jul 2026

A court in Genoa is expected to deliver its verdict in the long-running criminal trial over the collapse of the Morandi motorway bridge in 2018, a disaster that claimed 43 lives and exposed concerns over Italy's ageing transport infrastructure. The proceedings involve 57 defendants, including former executives of motorway operator Autostrade per l'Italia, engineers, and former transport ministry officials, all of whom have denied wrongdoing. Prosecutors have sought prison terms of up to 18-and-a-half years for the most serious charges. The case has become a symbol of accountability for infrastructure failures and the pace of Italy's criminal justice system. Autostrade has apologised for the tragedy and reiterated its commitment to preventing a similar incident in the future.Read more

18 Jul 2026

India generated the highest share of international online search traffic for Dubai's residential property market during the past three months, according to data released by UAE-based real estate brokerage fäm Properties. Indian users accounted for 20.59% of overseas search activity, followed by the United Kingdom at 13.26% and Egypt at 12.60%. The analysis, which excludes UAE-based traffic, identifies online search behaviour as an early indicator of international buyer interest rather than confirmed transactions. The United States, Pakistan, Saudi Arabia, Australia, Germany, France and Canada also featured among the top 10 countries, while China and Russia ranked outside the leading positions despite their established presence in Dubai's property market.Read more

18 Jul 2026

Wistron Corp's Vietnam subsidiary has signed a civil engineering contract valued at 1.7718 trillion Vietnamese dong (around USD 67.47 million) to build new manufacturing plants and warehouses in Vietnam. The investment is part of the Taiwanese electronics manufacturer's ongoing expansion in the country as it strengthens its production base outside China. The project is expected to support Wistron's manufacturing capacity and long-term business growth in Vietnam, which has become an important hub for global electronics and technology companies.Read more

18 Jul 2026

Fibromat (M) Bhd has secured a new infrastructure project in Sarawak through its wholly owned subsidiary, MTS Fibromat (M) Sdn. Bhd. The company has accepted a road construction subcontract with an estimated value of MYR 140 million, strengthening its order book and providing earnings visibility over the coming years. The project involves the construction of a key access road and related infrastructure in Limbang, Sarawak, and is expected to support regional connectivity and economic development. The contract marks another addition to Fibromat's growing infrastructure portfolio.Read more

18 Jul 2026

Umm Al Qura for Development and Construction Company (Masar) has signed reservation agreements to sell three land plots within its Masar Destination project in Makkah for a total value of SAR 441.1 million. The agreements are part of the company's ongoing strategy to attract private investment into the mixed-use development. The reservation agreements will remain valid until November 1, 2026, during which the parties are expected to complete the final sale transactions. The latest deal follows a series of land transactions announced by the company in recent months as development activity at the project continues.Read more